Buying a Home? Why You Need to Work with Your Own Agent
Many buyers make the mistake of seeing a home, calling the agent representing the home, and trusting that agent to handle all the details of showing and possibly moving forward with a sale. This is a mistake, and one that has nothing to do with the listing agent’s honesty or integrity. The fact is that when an agent lists a seller’s home, that agent’s only job is to represent the seller, not the buyer.
The seller’s agent works for the seller – and although he is bound to deal honestly and fairly with you, he is first and foremost obligated to look out for the seller’s best interests. If you communicate with the seller’s agent, any information you give him may be legally and ethically passed on to the seller. This can put you, as an unrepresented buyer, at a disadvantage.
As a buyer, you need a knowledgeable advocate on your side. You need a buyer’s agent – someone who will represent you and put your needs first. This agent doesn’t represent a specific seller or home you might buy, because if she did, she’d obviously have a conflict of interest. You want an agent who will work to get you the best possible price, and who will make sure that the home you eventually buy is perfect for you.
The right agent can make all the difference between finding the right home and being stuck with the wrong one. You need to take your time to find the agent who will work hard for you. Treat finding an agent like the hiring process it truly is. Gather a few candidates to interview as if you are an employer filling a position. Because you ARE hiring someone to do a job for you, and to do it well.