Home Buying in Quartzsite>Question Details

Trish, Home Buyer in Quartzsite, AZ

how would a buyer find an agent who is looking out for their interests and not primarily the seller's interests?

Asked by Trish, Quartzsite, AZ Fri Apr 15, 2011

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12
Hi Trish,

You can always use an Exclusive Buyer's Agent.

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PAUL WELDEN, PLLC
Exclusive Buyer's Agent Realtor®
HomeSmart Realty
480.241.0081
1 vote Thank Flag Link Fri Apr 15, 2011
As long as a buyer's agent is paid a percentage of the selling price then there is no way to get the agent to work for the buyer's interest. The higher the price then the more money the buyer's agent will make.
0 votes Thank Flag Link Fri Jul 29, 2011
SIGN A BUYER AGENCY AGREEMENT with a Licensed Agent who is also a REALTOR. Do this BEFORE you start looking at homes and calling on signs.

This ensures you that the agent you hire is working for you. Only for you.

SIGN the Buyer Agency Agreement.

This employs the agent to work EXCLUSIVELY for you. If not, they can get a complaint against them from their Realtor Association and could lose their status as a Realtor, in addition to MAJOR fines for Ethics Violations.. They could also lose their State License.

Important Note: NOT ALL LICENSED AGENTS are also REALTORS. You need a REALTOR. They are licensed agents who are also members of the National Association of Realtors and as such they have agreed to go above and beyond to work ethically in all situations. We take our Pledge and Code of Ethics very seriously and we know that you as a buyer put your trust in us to work on your behalf.

HERE IS A LIST OF REALTORS in Quartzsite AZ: http://www.realtor.com/realestateagents/Quartzsite_AZ/realto…

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Nate Wolf was recently named a FIVE STAR REALTOR by Charlotte Magazine. He is a top producing real estate sales broker, representing both buyers and sellers. He is a member of the National Association of Realtors, The Charlotte Regional Realtors Association and the Carolina Multiple Listing Services. He is licensed in multiple states and serves all areas of Metro Charlotte from Lake Norman to Lake Wylie and Uptown / Center City to SouthPark and Ballantyne.

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Web Reference: http://www.natewolf.com
0 votes Thank Flag Link Fri Apr 15, 2011
You will need to find a Buyer's Agent to represent your interests and not the seller's. All listing agents represent the sellers and owe fidicuary responsibility to them. Listing Agents will work to get the highest price they can for their sellers.

A Buyer's Agent works for you and owes fidicuairy responsibility to you, not to the sellers. A good Buyer's Agent will help you find the right home, help you by negotiating the best possible price and terms for you, and help you with the inspections and paperwork to and through settlement.

You should search online for active real estate agents in your area. A few good places to locate these active real agents are here on Trulia, Zillow.com and ActiveRain.com. You can also ask family members and friends for referrals.

Good luck in your search.
Web Reference: http://Lew.BestChoice.net
0 votes Thank Flag Link Fri Apr 15, 2011
Follow Paul's lead and hire an agent on your own as an exclusive buyer's agent.

Matt Puzz
Licensed Loan Originator
Amerifirst Financial, Inc.
1910 S. Stapley Drive #209
Mesa, AZ 85204
Direct: 602-410-9333
Office: 480-682-6617
Fax: 480-344-3687
NMLS# 213777 AZ LO-0915068
Apply Online: http://www.mattpuzz.com
Web Reference: http://www.mattpuzz.com
0 votes Thank Flag Link Fri Apr 15, 2011
Trish, aks for references from friends and also the agents you meet. If after a day of previewing homes you are not comfortable with that person, move on. A few signs I advise you to look out for would include ;
if every home is "perfect for you" according to the agent, run away.
If the agent does not return calls promptly, move on.
Ask about the homes the agent has sold in the past, where when at what price.
Ask them why they got into the business, how long they have been and what they like about it. The agents who love what they do are likely more interested in making great transactions with happy clients. Ask lots of questions, if they shoot from the hip and after checking you find they were wrong, again move on.
0 votes Thank Flag Link Fri Apr 15, 2011
It is best to not use the listing agent to represent you, there is a natural conflict of interest there. Be sure that you have an Agency Disclosure and have the conversation about how you want to be represented.
0 votes Thank Flag Link Fri Apr 15, 2011
Trish,

You should focus your interests on identifying a buyer's agent and avoid relationships that involve working with the seller's listing agent. We recommend attending open houses to meet the agents more than get to see the homes. By attend open houses you can get a feel for how the agent thinks on their feet, their knowledge of the local real esate market, and whether or not you feel working with them would be a good fit.

At some point, there is nothing wrong with sharing your concerns with the agent. This may open doors and clear the way for you to make a decision.

Best regards,

Bill
0 votes Thank Flag Link Fri Apr 15, 2011
All Realtors (R) pledge their allegiance to the Code of Ethics which means they agree to put a clients' interest before theirs. Not all licensees are Realtors (R) - that is one thing you may look for when selecting an agent to work with. Other things you can ask for are a 'buyer's broker' agreement which outlines the brokers duties to you as a client. In addition to this you may also look for agents who carry designations such as an ABR or Accredited Buyers Representative.
0 votes Thank Flag Link Fri Apr 15, 2011
Hi Trish,
Not sure why an agent representing a buyer would look out for the interest of the other party. Unless you decide to use the agent of the seller and they will represent both parties. I'm sure if you ask your friends, family or co-workers (if any) they can refer you to a trustworthy real estate agent.

Chris
0 votes Thank Flag Link Fri Apr 15, 2011
Consider interviewing in person a few local agents, or as many as needed, from different realty companies, then choose the one you like best; ask about scheduling around your needs, who will choose the properties to be seen, can you expect updates on new listings and recently sold properties, and how often will communication occur, etc. Ask about current sales in your areas of interest, negotiating strategies, etc.; choose your agent with care.... do be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously.
0 votes Thank Flag Link Fri Apr 15, 2011
You should ask friends and family for a recommendation. You can also look on this site, in your area and look at reviews of the agent. If you have your own agent and you do not use the same agent as the seller, then your agent should be working for your benefit and interests. Referrals are a very good place to start. Ask people you trust, who they trust. Good Luck in your search.
0 votes Thank Flag Link Fri Apr 15, 2011
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