Real Estate Myths
Call the agent who listed the property to get a better deal.
Some believe that the seller's agent (the agent who listed the property) will cut the commission to make the deal. In this instance, the seller's agent is a dual agent because the agent is also representing the buyer. So this perception usually falls short of reality.
The agent is representing a seller and a buyer - coordinating Certificate of Occupancy issues, contingency dates, etc for the seller; as well as home inspection issues, mortgage commitment deadline, etc. for the buyer. Paving the way for both parties to come to an agreeable transaction conclusion.
Would you expect a discount from your dentist if two teeth were capped at the same time; a rebate from your doctor for the examination of two of your children at once? Try it - let me know how that turns out!
Call all different agencies, that way everybody is working to find you properties.
While this may seem like a splendid idea, it's not.
"Agent Hoppers" need to be informed that properties are researched through a "multiple listing service" and accessed by real estate agents who belong to that particular service. The same information is available to all member agents.
More experienced agents mine out such callers during their first conversation. While they may gather information to service the client, such efforts are at the bottom of things to do. Agents are more inclined to use their time and effort for people who are willing and able to come to the office and meet with them.
There are many agents. Find one you like. Ask those who know - recent sellers, recent buyers - who they used, and would they recommend them. Meet that agent, speak with them, decide if you can work with them. One is sure to meet your style, needs and expectations.
Follow this agenda and you can be sure you will be working with a dedicated professional, an agent eager to work toward your housing goals.
Call the agent who listed the property to get a better deal.
Some believe that the seller's agent (the agent who listed the property) will cut the commission to make the deal. In this instance, the seller's agent is a dual agent because the agent is also representing the buyer. So this perception usually falls short of reality.
The agent is representing a seller and a buyer - coordinating Certificate of Occupancy issues, contingency dates, etc for the seller; as well as home inspection issues, mortgage commitment deadline, etc. for the buyer. Paving the way for both parties to come to an agreeable transaction conclusion.
Would you expect a discount from your dentist if two teeth were capped at the same time; a rebate from your doctor for the examination of two of your children at once? Try it - let me know how that turns out!
Call all different agencies, that way everybody is working to find you properties.
While this may seem like a splendid idea, it's not.
"Agent Hoppers" need to be informed that properties are researched through a "multiple listing service" and accessed by real estate agents who belong to that particular service. The same information is available to all member agents.
More experienced agents mine out such callers during their first conversation. While they may gather information to service the client, such efforts are at the bottom of things to do. Agents are more inclined to use their time and effort for people who are willing and able to come to the office and meet with them.
There are many agents. Find one you like. Ask those who know - recent sellers, recent buyers - who they used, and would they recommend them. Meet that agent, speak with them, decide if you can work with them. One is sure to meet your style, needs and expectations.
Follow this agenda and you can be sure you will be working with a dedicated professional, an agent eager to work toward your housing goals.
posted by Helene Ashukian at
7:00 AM
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