Today’s home buyer should always question their “so called” real estate agent’s loyalty, competency and advocacy. Home buyers need to be aware of their agent’s duties and what the law says they must the home buyer.
Why Dual Agency should be illegal
Do you see why you should hire your own agent and not use the same agent that is already representing the Seller? You may be wondering how much it will cost you to get your own agent. You do not have to pay the Exclusive Buyer’s Agent a dime until you close. Then and only then is the agent paid out of the proceeds of the sale*.
Why Dual Agency should be illegal
Ø The number one goal of the real estate agent is to sell the home at the HIGHEST possible price.
Ø The number one goal of any home buyer is to buy the home at the LOWEST possible price. So if you are buying a home, call an exclusive buyer's agent. They will have a responsibility to represent only the buyer.
Do you see why you should hire your own agent and not use the same agent that is already representing the Seller? You may be wondering how much it will cost you to get your own agent. You do not have to pay the Exclusive Buyer’s Agent a dime until you close. Then and only then is the agent paid out of the proceeds of the sale*.
*The information provided herein is specific to the state of Texas and may vary in other states. Disclaimer: User assume all risk and responsibility for his/her decision to use the information provided by herein. The information provided here by Russell-Realtor’s is not legal advice and you should always consult your attorney. Russell-Realtor and all related services are offered "as is" and Russell-Realtor.com disclaims any express or implied warranties including, without limitation, any warranties of merchantability, fitness for a particular purpose, and non-infringement.
Posts
