As you stroll up to the door of the model home in these communities you are often greeted by one of these cheerful agents who is happy to show you around the home(s) and tell you all about the features. Your first question of this Realtor should be, “Who do you represent, the buyer or the seller?” An easy answer for the agent is, “I can represent both you and the seller” – this is known as dual agency. In other words, the agent will simply fill out the paperwork for the transaction without advising either party as to what may be in his best interest.
As a buyer, you will fare much better in your transaction if you work with a Realtor who is representing ONLY you. This person is a Buyer’s Agent. Your Realtor will be negotiating for you, helping you to make important decisions with your best interest in mind, helping you to find the right home! Many people feel they are quite capable of making decisions without an agent; however, Buyer’s Agents solely represent the buyer and have a fiduciary duty to act in the buyer’s best interest throughout the transaction process. LicensedRead More