Do you want to be sure that the agent who is answering your questions is working in your best interest or do you just assume that such is the case?
There are several different types of agency available to the public. The two most common are when an agent represents a Seller and when an agent represents a Buyer.
An agent who represents a seller, as the listing agent or on-site agent, has a signed agreement with the seller that they will represent the seller’s best interest. That includes getting the highest price possible for their client.
If a potential buyer calls a listing agent or speaks to an on-site agent in a new home community about the possibility of purchasing that home and reveals any information about their situation or their finances, that agent is required to pass all of that information along to their client, the seller.
On the other hand, when a potential buyer elects to hire a buyer’s agent to represent them in showing and purchasing a home (and there is legal paperwork involved to affirm this relationship called a Buyer Agency Agreement) then that agent is working in YOUR best interests and everything you tell them is confidential. The Buyer’s Agent works to see that you get the best price, that you’re represented during not only purchase negotiations but also will give you recommendations for inspections, lenders and negotiates repairs with the seller on your behalf and that you're represented all the way through closing and getting the keys.
The best part about having an agent represent just you in the transaction is that, through the Multiple Listing Service, the seller’s agent’s company offers compensation to the buyer’s agent’s company to pay that agent to represent you. So having a buyer’s agent find you a home, advise you along the way and represent you at settlement costs you nothing out of pocket and could actually save you thousands of dollars over what it would have cost you to deal directly with the listing agent who is working for the seller!
Grow Local Realty is a full service Raleigh NC Real Estate Company servicing Raleigh, Durham, Cary, Apex, Holly Springs, Clayton, Fuquay Varina, Garner, Wake Forest, Chapel Hill and all other Triangle areas including all of Wake County, Johnston County, Durham County, Orange County, Chatham County and Harnett County. We are dedicated to extraordinary customer service and are here to represent you with your next home purchase or the sale of your current home. Allow one our fantastic agents to assist you with your Raleigh NC Real Estate search.
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"We were completely satisfied with Kim. Kim went above and beyond traditional real estate agent responsibilities. Besides all the normal and big things that she did to help us sell our home she also did so many small things to help that made our home more marketable. She was very knowledgable in every aspect of the process not only giving valuable information, but most importantly sharing her insight into making the most of every part of the sale of our home. She was incredibly patient with me and treated our house as special as I thought it was. At all times Kim was encouraging that the house would sell, and encouraging with all the extra things that we did to the home, since it was an older home, to market and finish the sale. I would highly recommend her to anyone who is interested in selling their home. I am sure that she is just as accomplished, sensitive, attentive, knowledgable and persistent in helping someone find a home and I am happy to recommend her for that as well. On a personal note, I will miss having to work with her as I enjoyed working with her immensely and greatly value her opinions. I always felt that she was working "just for me" even though I knew that she had other people she was working with. Kim made me feel that anything I had to say was important and responded to messages quickly, cheerfulliy and competently, never keeping me waiting to hear back regarding our home. Anyone would do well to have her as their Real Estate Agent. "