Thursday, August 30, 2007

Real Estate Buyer Agencies

With interest rates still low, now is a great time to buy property! And if you are looking to buy, here is some information that you may find of interest.

Were you aware there are residential real estate firms offering buyer agency services that are fake?

In order for a firm to be true and legit buyer agency and honestly represent the buyers best interest, they MUST up offer three things to the buyer. First of all, they must offer exclusive buyer representation. In other words, they should not offer services for both buyers and sellers. Firms that represent both sides of the spectrum often promote their own listings just so they can retain the entire commission.

Secondly, they must offer flat-fee pricing. Firms with percentage based commission schedules will reward their agent for selling you the most expensive property you can afford. You don't want that. You want a firm that is going to find and sell you the property that will give you the most for your dollar!

Lastly, the firm must provide a low pressure atmosphere. Real estate purchases are major financial committments. You do not want to make such committments will under pressure.

Territory Real Estate is a reputable firm in the brokerage industry. They offer exclusive buyer representation with a low flat-fee and pay their sales team a salary, not a commission.

Check them out today if you are in the real estate market.

1 comment:

Jack said...

Nice post. Do you know that Firms that represent both sides of the spectrum often promote their own listings just so they can retain the entire commission.
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