The Basics - Greensboro, NC Real Estate / Part 1 - Buyer Agency

Buyer Agency Explained (Again)...

I feel like I say this a lot, but it's worth repeating.  As a 1st time home buyer in the market to purchase a home in Greensboro, NC or the surrounding areas, you may not be aware that having a highly trained Realtor at your side through the process is generally going to be absolutely FREE!  That's because the seller pays the real estate commission.  A good buyer's agent will:

1. Represent your best interests.  A good agent should be an asset in your home hunt, not simply a salesman!
2. Work at your pace.  It shouldn't matter if you are just getting your feet wet or if you're ready to sign an offer - the Realtor should understand where you are in the process and act accordingly.
3. Be objective.  A good Realtor will help you assess a potential real estate investment / purchase to look at it without emotion (although purchasing a home should be very exciting and enjoyable, you want to make an informed decision).

So, to re-cap, buyer representation or 'buyer agency' is *almost always free!  Why not call an agent (preferably me) and let them start earning their commission early on, and at the same time you'll get the most benefit from their expertise by having a Realtor by your side in the beginning of the home buying process rather than at the last minute.

*Buyer Agency Agreements could include provisions where the buyer would be asked to compensate the agent for any number of reasons such as: 1) The seller is offering less than the buyer's agent expects to receive or 2) The buyer decides to purchase a FSBO (for sale by owner) that will not agree to compensate your Realtor. 

P.S. I've represented lots & lots of buyers, and it has never cost any of my buyer-clients a dime to work with me!

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By Zane Gerringer