Why Buyers Shouldn’t Call the Listing Agents

March 5, 2009

Most first time home buyers don’t know that they are entitled to be represented by their own real estate agent for free!

Get started with a no obligation home buyer consultation now

The Buyer’s Agent:

Before you start searching, it is in your best interest to find a FREE buyer’s agent. It is important for you to have your own representation when purchasing a home. There is no fee required to use an agent to buy property because the seller’s commission will be split between both agencies involved.

If you call the agents that have the property listed, they are obligated to be looking out for their seller’s best interest. The main reason agents put their names on their listings’ signs and ads is because they won’t have to split the commission if they sell their own listing. If you call the listing agent and walk through the property with them, no other agent will be able to write any contract with you. This is called procuring cause.

Writing an offer with the listing agent will not help you get a better price. The listing agent cannot disclose any prior knowledge concerning what offer the seller would take without permission. A good buyer’s agent will help you decide the best price for the home and negotiate on your behalf to get you the best deal.

It is the buyer’s agent’s obligation and duty to make sure that you get the best deal possible and make the transaction as easy as possible. A good buyer’s agent can also help you find a property that suits your needs because they are constantly watching the market and know what you are looking for. They also have tools to update you on potential properties automatically via email.

Probably the biggest benefit of having a buyer’s agent, is that you can tell them what properties you would like to see, and they can show you many at one time. Otherwise, you would have to call every single agent, set up multiple appointments, at times convenient for all of them, and meet motivated salesmen trying to double their commission.

One little known fact, as a buyer you are responsible for turning on utilities and inspecting the property with professionals. You usually have 5-15 days to do this in. A good buyers agent can make sure this gets done correctly and on time.

Another thing to keep in mind is, most agencies charge a transaction fee. This is approximately a $200 fee, in Canton, Ohio area, that is charged at closing and is totally unnecessary. My company and I do not charge this fee, saving you money. Ask your potential agent if their brokerage charges this.

I am a dedicated and trustworthy buyer’s agent with years of experience. I can help you find a home in the least amount of time for the best value.

Contact us or fill out the quick questionnaire to get started today.

Phone: 330-412-2221
Email: joey@whippleauction.com

Read my first time homebuyer’s guide from the beginning

Share and Enjoy:

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Posted by joeymarino | Filed Under Real Estate Blog

Comments

2 Responses to “Why Buyers Shouldn’t Call the Listing Agents”

$8000 Stimulus Tax Credit Details | Joey Marino on March 14th, 2009 2:24 pm

[...] In order to make home buying easier, you should find a free buyer’s agent! [...]
How To Get a Great Deal in the Current Real Estate Market | Joey Marino on April 22nd, 2009 1:25 pm

[...] the other types of sales do produce good deals on properties, you will want to work with a buyer’s agent that can keep you informed on the market and help you recognize [...]

Got something to say?