Question Details

Julia P Flem…, Other/Just Looking in Dallas, TX

When moving between states, I would expect any realtor I am paying to be willing to find information for me.?

Asked by Julia P Fleming, Dallas, TX Tue Jan 20, 2009

As well as to be familiar with an area in which I am looking and having a feel for that market. I can't find anyone like that. I will be trying to do this by myself for awhile since the difference between the appraisal done in July and what I am told I should ask for my home now is a whopping $65000. To take a loss that great means I really expect the realtor working with us to find a home to do a LOT more than open a door.

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Answers

2
Hi Julia,

You may want to seek out a full service broker that closes more than 2-3 transactions per year (97% of licensed realtors will close 3 or fewer transactions per year). It’s also important to remember that the seller always pays the realtor(s) commissions whenever you buy a home. Most top performing agents will require some sort of commitment from you (Example: Buyer Broker Exclusive Employment Agreement) that says you will use them as your agent when you buy. If you’re not willing to commit to any one agent, don’t expect the agent to be to very motivated to spend weeks or months of their time driving around, researching properties, writing offers, negotiating price and terms (all at their expense) to help you find the perfect home. Remember your buyers agent doesn’t earn a dime until you actually close on a home. That said, we always provide our buyers with a written cancellation guarantee, if they aren’t 100% satisfied with our services they can cancel our buyers agreement at any time.
0 votes Thank Flag Link Wed Jan 21, 2009
Julia,

Unless you signed a contract with an agent you are not obligated to be committed to this individual. Our advice is to consider using the skills of other agents until you find the right match.

It is very common for buyers in your situation to desolve their relationship with an agent and move on. Seek a full service company and a full time agent for the best results.

Good luck
0 votes Thank Flag Link Wed Jan 21, 2009
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