Springfield Area Blog

Greetings Friends,
 
Many of you have asked me about Buyer's agency and what it is. Since you are using the Home Buyers Scouting Report and are actively looking for homes, it is important that you know the advantages of using a professional buyers agent. Whether you are a seasoned veteran in real estate or a first time buyer, I think it is important to make sure that you know the difference between the different types of agencies offered. Why?
 
A. You want (and deserve) the best representation
B. You want (and deserve) the smoothest transaction
C. You want (and deserve) the BEST possible terms and conditions.
D. You pay NOTHING for my services as your Buyers Agent.
 
A couple of Real Estate myths:
 
1. I'll get the best deal on the house if I call the agent listed on the For Sale sign.
 
Probably not. That agent represents the seller and is contractually bound to get the best deal for the seller. That doesn't mean the agent can't work with you in a fair and professional manner as a dual agent, but it does mean you should not disclose confidential details to the agent until you are assured that the agent will keep your information confidential.
 
2. I'll pay less for the home if I simply use the Agent I met at the Open House.
 
Again, probably not, especially if the agent represents the seller or is part of the seller's agent team. I can help you get the best possible terms and conditions because by working as your Buyers agent, I am required to keep your details separate and confidential and work tirelessly to save you money on your new home purchase.
 
Below is Missouri Brokers Disclosure form for your review. It explains in detail the responsibilities and definitions of each type of agency.
 
For those of you who will be putting homes on the market, know that I will market your property aggressively and work tirelessly to get you the highest price possible if you choose to employ me as your Listing Agent. That is my fiduciary duty to you as my selling client.
 
I appreciate the opportunity to help explain the process a bit more clearly and look forward to working with each and everyone of you
 
Best,  Rick
 

Posted by Rick and Cheryle Below on May 7th, 2008 3:21 PMPost a Comment (0)

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