Why
You Do Not Call
The Agent's Name On The "For Sale" Sign!
Representation is very important when buying a home.
Agency is the relationship between an agent and their client. An agent
representing the seller does just that, represent the seller. When a
buyer calls the seller's agent, they will try very hard to represent both,
but that can be difficult. In most cases, they know too much
information on both sides to remain impartial.
You as a buyer, needs full representation to negotiate the
best price and terms of the sale. This is done by selecting your own
Real Estate Agent. This is called a Buyer's Agent. The buyer's
agent is generally paid, not by the buyer, but the seller. This
arrangement is part of the agreement between the members of the
multi-listing service to which the agents belong. There are very few
exceptions to this, your agent will be able to explain this in further
detail.
By having your own agent, your agent can negotiate on your
behalf and be able to focus on your needs only. A seller's agent tries
to get the most for their client the seller. A buyer's agent tries to
negotiate the lowest price for their client. You can see how this
present a problem.
Note:
Always consult a qualified and licensed RealtorŪ. Shopping and learning
about home ownership on the internet is good, but it does not replace the experience
of a licensed RealtorŪ when purchasing your property.
