Sep. 8, 2007 - ARE YOU CONFUSED BY 'BUYER AGENCY?'

Dual-Agent - are you a spy?
All you want to do is to look at houses and all realtors want to do is to read you your rights. Explaining buyer agency is one thing, but 'Dual-Agency!!' - give me a break. I know, it's a pain and it's confusing and you're not interested in hearing about it at the time, but it's important - besides, we are required to explain our relationship to you in this situation be it as a representative of the seller, a buyers agent, a dual-agent or facilitator.

It makes more sense to understand the difference before you ever talk or meet with a realtor. This way you can both concentrate on your main concern - looking at houses. For a full explanation of the different relationships, please click on this link to my website: http://www.capecodspecials.com/buyers-agent.html. It is critical that you understand this and that you are properly represented with a good realtor working for you and not the seller. A big mistake that buyers make that do most of their homesearches on the internet, is to seek out the listing agent for a home because that agent knows more about the home. They do know more, but they are working for the seller, not you. The only modification to that role is for them to become a disclosed dual-agent and in that situation, they represent neither party.

Considering the importance of the situation, please seek our a good 'Buyers Agent' as they will be working for you and only you. David

Copyright © 2007 By David F. Kelley, Falmouth, MA.
All Rights Reserved.