Fact: 56% of all Homebuyers go to the Closing Table Completely Un-represented.
Why? When the services of our Buyer's Agents are FREE!
You’re thinking about buying a new home! You drive by a home that looks like a good possibility for your family. Are you like most people……and call the number on the sign? But always be careful when you are working with real estate agents. Know the difference!
Which lawyer would you choose? If someone filed a lawsuit against you, would you go to their attorney and ask him or her to represent you? Probably not! Your best interests would be served by hiring your own attorney. It’s much the same with home buying. It’s the single largest investment most of us will ever make. Our goal is to make sure you have purchased this home for the best possible terms and price.
But somehow, we have been trained to call the phone number on a real estate sign when we want to purchase the home. Without stopping to think that the listed agent has a legal contract with that seller to obtain the best possible price and terms for the property. When you call that agent, you are putting yourself in the position of not having any representation at all.
State law requires a stated level of representation for every agency relationship. I’ve listed the difference between Traditional Agents that have been designated by their broker to represent a buyer……..and Buyer’s Agents (Advocates) that give buyers 100% of their attention and loyalty. ….going far and above what is expected. It pays to be educated when working with Nashville real estate agents.
“A conflict of interest is more likely when a real estate firm that represents sellers assigns you to one of it’s agents as a buyer’s agent. That’s why many people believe an ‘Exclusive Buyer’s Broker’ is preferable. If there aren’t any in your area, and you have to use a listing broker, make sure they disclose when they are showing you properties they have a financial interest in.”
-Stephen Brobeck, Executive Director of the Consumer Federation of America |
An interesting decision from the Oklahoma Supreme Court
In the case of Snyder v. Oklahoma Real Estate Commission in June of 1999……the Oklahoma Supreme Court said……. “Sellers’ agents and dual agents do not and cannot by law give the buyer the same degree of loyalty as an agent who acts on behalf of the buyer. Sellers’ agents owe their allegiance to the seller. Dual agency invites a conflict of interest. A buyer who relies on the seller’s agent or on dual agency does not receive the same degree of legal protection as that afforded by an agent acting solely on behalf of the buyer.”
Think about these Promises:
- We give you 100% of our attention and loyalty.
- We always negotiate for the lowest possible price for you.
- We always negotiate for the best terms and financing for you.
- We keep your negotiating strategy confidential at all times.
- We inform you of any information that will enhance
your bargaining position.
- We never charge a fee for our services to you.
- BUYERS are our only Business!
99% of the Real Estate Companies cannot and will not agree to all of these promises…….because they represent Sellers.
Any agent that takes listings or works for a company that takes listings CANNOT be a true buyer’s agent.
Buyers have been mislead for too many years……thinking that this is just the way Real Estate is handled.
Things have changed! Let us show you a better way of working with Nashville real estate agents! Please visit our glossary for any unfamiliar real estate term!
We're ready to help you today! It's easy to reach us toll-free at 866.359.2800 or at the office 615.826.0305. Or if you prefer to e-mail us....we will look forward to hearing from you.
Getting acquainted will help us to better understand your needs.
Remember - You've got a friend in Nashville! We are Buyer's Agents - working ONLY FOR YOU in Nashville Real Estate.
