| Home Buying Tips |
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WHAT'S THE DIFFERENCE IN BUYER'S AGENTS AND SELLER'S AGENTS. It's easy. The seller's agent or listing agent has promised in writing to get the best price for the seller. Buyer's agents have promised to help the home buyer get the best property at the best price and the best terms and conditions including home warranty and inspections for the BUYER - that is YOU. MerriPerry.com agents are ALL buyer's agents. Relying on yard signs to find a home will give you only a small sample of homes on the market bacause not all homes offered for sale have signs, and not all signs in yards are on active listings. Many home owners do not wish to have a YARD SIGN because they do not wish to have consumers knocking on their door. Most sellers prefer to have appointments made and buyers accompanied by licensed real estate agents. Yard signs remain in a yard until settlement. So, when you see a yard sign, the home may have been under contract for weeks or months. YARD SIGNS Homes may be entered in the MLS system that is available for agent's to search for all listings before signs show all listings. Yard signs do not show status. Yard signs generally stay up until the day or day following settlement. The house may be under contract just waiting for the sellers and buyer to settle. It is not available to prospective home buyers to show. The signs are left up by the listing agents to encourage prospective home buyers to call the listing office or listing agent. At that time, they agent will try to show you other office listings. Think of the time lost driving around only to find you concentrated valuable time on a property that was not available. OPEN HOUSE TOURS - WARNING ! ! It is also a good idea to have your Buyer's Agent show the home to you so that you may benefit from their experience. If you do decide to make an offer on the house that you and your agent toured at Open House, your agent will be fully informed by the Seller Disclosures, visual observations and comparing that property to others that have sold in the area. SURFING THE NET FOR HOMES FOR SALE
To completely avoid the risk of Dual Agency or, worse, undisclosed Dual Agency, contact agents who practice Single Agency or Exclusive Buyers Agency. A Single Agency company never represents the buyer and seller for the same property. An Exclusive Buyer's Agency company never lists property so there is no risk of Dual Agency which might not be the best representation type for a home buyer. |
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