You drive by a Santa Cruz home for sale and want to see it. You call the listing agent’s number on the for sale sign.  What is wrong with calling the listing agent (also known as the seller’s agent)?

In states where agents are allowed to practice dual agency, the listing agents may assume that if they show you a home they have listed they will get the buying commission in addition to the listing commission. To make sure you’re both on the same page, immediately let the listing agent know your intentions. You can do that by telling him or her your current situation and future plans:
• I’m already working with a buyer’s agent
• I’m going to hire a buyer’s agent
• I’d like for you to represent me, even though you’re the seller’s agent.

You might think it’s not worth having this conversation with the listing agent because he or she will never know if you decide to buy the home. Think again. If you place an offer on the Santa Cruz home for sale, the listing agent will see your name on the contract. That’s why it’s important to take the few moments needed to be up front about your situation and your intentions.

The best thing to do is to get your own agent to represent you. That way it is very clear who represents you, and there is no misunderstanding about who gets the commission. Additionally, an agent who represents only you has only your best interests in mind, versus a dual agent who is representing both you and the seller.

If you are ready to hire an agent to help you buy a home, please consider me for the job. I can show you any Santa Cruz home for sale and am happy to find homes that fit your budget and lifestyle. Call me today at 831.662.6522 or email me at Lauren@LaurenSpencer.com to get started.

For additional information please visit my home page at www.MySantaCruzRealEstate.com.

Links:

Seller’s Agent

Dual Agency

Buyer’s Agent

 

Posted by Lauren Spencer on

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