J Douglas Mo
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J Douglas Montgomery answered:
Randy, the most important concept for you to understand is that there are buyers agents and sellers agents. I would strongly suggest that you hire a buyers agent to represent you. There is a fee involved but a portion of that can be paid as part of the cooperating broker commission in the transaction, especially if the property is listed in MLS. The CBR representation is national, you can go to their website and look for someone who has taken the training. Also ask for references. A buyers agent has a fiduciary responsibility to you as the buyer and therefore will tend to be much more thorough finding out information on any house or neighborhood for you and your family. Dont worry about the title being held by Aurora, the property is listed so appropriate listing contracts must have been signed. Also dont be afraid to go directly to the owner of the company and let them know your dilemma with the agent if you like the property that much but remember that they will most likely be representing the Seller of the property. Hope that helped.
Douglas Montgomery, Broker-Owner HomeNY Corp. - Thu Oct 23 2008, 05:29
CBR. Certified Buyers Representative
Vice Chair Long Island Board of Realtors Professional Standards, 2008
Libor Mediation Committee, 2007