Home Buying in Merced>Question Details

Constance Fa…, Other/Just Looking in Merced, CA

How do I find a buyer's agent? I've been really disappointed by the agents that have put in recent offers for

Asked by Constance Farris, Merced, CA Sun May 4, 2008

me. It seems to me that there are no buyer's agents out there anymore. Since realtors are paid a commission based on the sales price, the higher the sales price, the more money they make; hence no incentive to get a good deal for the buyer. I've spoken to several agents and told them I am a serious player, have good credit score, pre-approved, can do a 30 day close and asked if they will assertively represent me. They all chicken out, don't return calls on offers I've made until I "lose" the property - to give the bad news. This is crap! I want an agent who is looking out for my interests. How do I find one???????

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Connie, I sense your frustration and am sorry to are experiencing such difficulty. Please take heart, there are still very good, conscientious Realtors out there that can work for you. Most good agents aren't driven by how much money they will make on a specific deal, but rather the satisfaction of helping you through a stressfull and complicated process. There are several ways to find a good buyer agent; first you could go to the Accredited Buyer Representative (ABR) website. Realtors with the ABR designation are specifically trained to represent the buyer. You can search for an ABR agent at this web address: http://www.rebac.net/MembershipDirectorySearch.aspx. You can also look for local agents who display the ABR designation after their name in your local Realtor listings. Friends are good references as well - if you know someone who recently bought real estate and they were specifically satisfied with their agent that could be a good source for you.
1 vote Thank Flag Link Mon May 5, 2008
Connie, I know how frustrating this is...it is frustrating for me as an agent as well.

Your agent should be watching out for your best interest and work hard to get you the best deal. With so many multiple offers coming in on REOs. I have put in offers for a buyer with a sizable downpayment, credit scores in the 800s and he has lost out on a few properties.

He started out low-balling (I didn't have a problem with that). Then when they realized how the market was working he began to make offers that were at listing price and even above. Some of the properties had 17 offers...we perservered until we found an option that would work for him.

You do need someone who will make those phone calls and follow up for you. That is your agent's job and they should be willing to do it!

Ask around for referrals from co-workers and friends and call a few different brokers to find someone you can work with.

All my best!
Web Reference: http://www.DotChance.com
1 vote Thank Flag Link Wed May 7, 2008
I've made full price offers and told that someone else "bid higher" after having been told that I was the first offer they received. I would understand it better (and do understand) if I low ball & lose. Anyway, I've got two offers in right now - one a short sale and one a foreclosure that's been listed for 300 days.
We'll see. Thank you everyone for all your great comments and suggestions. I do appreciate it.
1 vote Thank Flag Link Wed May 7, 2008
Hi there Connie, I work mainly with Buyers who are looking for Investment properties and buyers who really want a great deal. I have proven ystems that can help you attain the home and save you thousands.
I am not afraid of writing offers for my clients even if they are well below the asking price

I would be happy represent you and keep you best interests # 1
Kind Regards
Michael Barron
Realtor
First Team Real Estate
http://www.ntustinhomes4sale.com
(714) 552-6817
1 vote Thank Flag Link Mon May 5, 2008
Connie, I feel for you. I am not a Realtor, but I am in Managment at a Brokerage with over 300 Agents in it. I believe I have some of the finest men and women in the business in my Fresno and Merced offices. It would be my pleasure to introduce you to a Realtor you would be proud to have represent you. The Coach 209-758-3113 or thecoach@prucalifornia.com
Web Reference: http://askPCR.com
1 vote Thank Flag Link Sun May 4, 2008
Connie,
If you want to send me your information I will find you an agent out in the valley. What city are you wanting to live in? What size home are you looking for? How many bedrooms & bathrooms? I have Realtors that work out that way all the time and they are not afraid to be assertive. You are in a good position out there where there are plenty of properties looking for buyers.
I would be glad to refer you to excellent valley agents.

Charles Coachman
1 vote Thank Flag Link Sun May 4, 2008
Ask your lender for the name of a good agent.
0 votes Thank Flag Link Wed May 7, 2008
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