Buyer’s Agent & Independent Representation – get it early or run the risk…

No one wants to be bothered or hounded when they are searching for a new home. Most buyer’s want to quietly search on their own before engaging the services of a realtor. That makes sense if you are just surfing the internet casually, but if you are out actively looking it’s best to get your own representation.

Dual Agency has effectively been banned in most populated areas of B.C. If you are communicating directly with the listing agent or at Open House (when re-instituted) – remember the listing agent represent the seller. They are obligated to tell you that but may not stop you in time before you innocently release personal info about your buying motivation or qualifications. They must share this info with their client, the seller.

You may have a realtor in mind who you want to use but don’t want to bother them until you have narrowed your search. Looking on your own may limit the compensation for your realtor in certain situations. Some listing agents convince their seller to modify the Buyer’s Realtor commission as such, “….with physical introduction to the property and all subsequent showings, otherwise $500.00.” This amount will typically vary significantly from the usual fee offered to the Buyer’s agent. Leaving your preferred realtor with the question….. Is it worth the time, effort & risk to assist?

Don’t be afraid to engage the services of your realtor early in the search so they can direct you properly. This typically won’t cost you anything. Most buyer agents are paid by the seller when you purchase.

Get independent, objective & professional info before you actively start searching. Let my experience go to work for you & get the representation you deserve. See more details here – http://www.home-buying-agent.com

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