22 Powerful Questions to Ask a Real Estate Agent Before You Sign a Listing Contract or Sell Your Home
It is important to be confident in your Realtor® here is a list of questions you can ask to help you decide if the person you are talking to is the best professional for you. Contact Me when you are ready and I am confident you will like all the answers I give you! Visit my Buyers Page or Sellers Page and we can get started!
It's likely that you don't interview people very often. And yet, in order to find the REALTOR® who is right for you, you may interview several. The quality of your home selling experience is dependent upon your skill at selecting the person best qualified.
It's interesting that in the real estate business, someone with many successfully closed transactions usually COSTS THE SAME as someone who is inexperienced. Bringing that experience to bear on your transaction could mean a higher price at the negotiating table, selling in less time, and with the minimum amount of hassles.
The world is populated with REALTORS® who are wrong for you. For example, the housewife who sells an occasional house because she needs a little pocket change, or the insurance salesman who believes he can handle two careers, or perhaps your cousin, who really needs your business.
The sale of your home could well be the most important financial transaction you have ever been involved with. The person you select can make it a satisfying and profitable activity, or a terrible experience. It's your home, and your money. The choice of your REALTOR® is up to you. Make the selection carefully. If you have any questions or would like more information on anything please Contact Me or visit my Buyers Page or Sellers Page and we can get started.
Buyer Agency Agreement
The mere mention of the word ‘contract’ leaves many feeling trapped and wary, often rightfully so. The Buyer Agency Agreement, however, is not a contract to be feared. It is important to understand who your realtor is working for and the buyer agency agreement outlines this in writing, making it a legally binding contract. By choosing to work with a realtor and signing the Buyer Agency Agreement, the buyer is guaranteed the very best in real estate service. Any questions about the Buyer Agency Agreement can be answered by a professional realtor – just give yours a call!
When a seller lists his home with a listing agent they form an agreement which states that the realtor must act for the sole benefit of the seller at all times. Most buyers assume that their realtor is working on their behalf, but without the buyer agency contract the realtor actually works as a sub-agent of the seller and therefore, has a fiduciary relationship with the seller, not the buyer. Without a contract, your realtor is obligated to present a case that will support and protect the value of the property that the buyer is purchasing, but the rules change when a Buyer Agency Agreement is signed.
Once the agreement is signed, the buyer’s agent has a duty to educate the client. The agreement confirms your realtor’s commitment to making the best effort for you by promoting and protecting your interest at all times. This means that your realtor can now advise you of any defaults in the property; defaults which may even cause you to reject the home in favour of something more suitable. Realtors must give priority access to their clients and are obligated to use techniques and strategies that help advance the position of their clients. They must also disclose all details about the property, including information on any previous offers, financial and motivational details about the seller, and any knowledge that may strengthen the buyer’s position. The realtor must work harder for you and make every effort to find you the home that best fits your needs and lifestyle, while negotiating the best possible price to meet your budget. The Buyer Agency Agreement was written with the buyer’s best interest in mind.
Again, if you have questions or concerns about the agreement, you should contact your realtor – they are highly trained professionals with a wealth of experience in the real estate market.
If you would like more information on anything or if you have any questions Contact Me and I will be happy to help. If you are looking for your next dream home visit my Buyers Page or if you are wanting to sell your home visit my Sellers Page. Visit my About Beamsville page, my About Lincoln page, my About Grimsby page, my About St. Catharines page, or my About Vineland page for more information about any of the areas I specialize in.