So you have been thinking about buying a home. You've started reasearching areas, you have an idea about what you can afford and you are starting to look. Your not expecting to buy in the next few months, so you are just in the look and see phase.
When should you contact a Realtor?
Think about this scenerio. You go to an open house and you feel like you have found your dream home. You aren't working with a Realtor so you talk to the listing agent about putting in an offer for you.
Now you can begin to have a sticky realtionship. The Realtor is representing both the buyer and seller. As the buyer you may want to know how motivated the seller is, can they negotiate price. The Realtor in this situation really can't do much to help you. Since he/she has first hand knowledge of the seller's situation, they really can't fully represent the seller and the buyer in recommending an offer price.
So you get through the first hurdle of offer price and now you have a issue that comes up from the home inspection and you want some items fixed. Again the Relator is trying to represent both sides of the sale. You begin to feel like who are they really working for? Things can become quite contencious.
In my opinion a Realtor can not really do the best job for either buyer or seller when they are representing both sides of the deal.
If you are looking to buy, it is best to try and contact a Realtor early in the process. Even if you are looking to buy in the future a Realtor can help you locate the areas you might be interested in, can send you a list of properties as they come on the market and give you an idea of the current marketplace keep you up to date on information in the Real Estate Market.
Want more inforamtion? You can contact me at lcartolano@apr.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment