Why Wouldn’t I Want To Buy A Home Directly From The Listing Agent?
One of the more common misconceptions by home buyers is that you will get a BETTER deal, or SAVE MONEY, by negotiating your purchase directly with the listing agent. However this is normally not true and, in fact, buyers that are represented by a buyer’s agent will not only get a BETTER deal but also will have an advocate that has a legal and ethical obligation to look out for YOUR best interest and not that of the seller!
Benefits to you of being represented by a Buyer’s Agent:
- Being represented by a buyer’s agent often will not cost you directly as a condition of listings being accepted in the REALTOR® MLS is that there be an offer of compensation to the Buyer's agent by the seller. Therefore, the buyer's agent's commission will be paid by the seller in many cases.
- THERE IS NO SAVINGS TO THE SELLER IF YOU BUY FROM THE LISTING AGENT. In 99.99%* of the listings in the MLS the Seller will pay the SAME commission regardless of who sells their home, therefore, there is NOT a savings to the seller when you buy from the Listing Agent, just MORE COMMISSION to the Listing Agent.
- Your agent can set up searches for you that will notify you when new listings come on the market that meet your criteria saving you from trolling through thousands and thousands of listings online in hundreds and hundreds of websites. Your agent will plan and schedule showings for you of multiple homes, not just one!
- Your agent represents you and saves you from being bugged or contacted by dozens and dozens of agents, some of whom can be rather pushy.
- Your agent will explain the buying process to you and help you position yourself properly so that you will be seen as a strong, prepared buyer which will help in negotiations and go a long way to getting you a better deal. Your agent is a professional negotiator and has a legal and ethical obligation to work on YOUR behalf to get YOU the BEST DEAL!
- A good buyer’s agent is also a detective of sorts and will use tools and resources available to him or her, many of which are not available to an unrepresented buyer, to gather as much information about the property, the seller, motives for selling, etc to help YOU be informed, know the value of the home you want to buy and make the best deal possible.
Will just any agent do? Of course not!
All agents are not equal in experience, knowledge, the service they provide, or their level of commitment. You deserve a professional, well-trained, experienced agent that will deliver to you a level of customer service that is second to none and will make the entire process a pleasant, enjoyable one. At MORE, REALTORS, this is exactly the type of agent we seek out to be a part of our company and then we work hard to give them all the training, resources, and support they need to deliver this level of service. Call us today and allow us to match your needs and desires up with one of our agents and show you the benefits of being represented by a true professional!
Please call us at 844-657-7483 or visit us at MORERealtors.com
(*a search on 10/11/14 of the MLS (MARIS) revealed 18,218 residential listings and of those, only 25 had a “variable rate” commission meaning the seller would save money if the listing agent sold the home)