Did that answer your question?
That being said, sometimes you can still end up in a dual agency scenario (your agent works for a broker that is actually responsible for the transaction) even when you have taken the above steps as many of the agencies in the area are corporately owned and by definition, that can ironically make a transaction with two different offices a Dual Agency transaction.
By law, your agent is supposed to supply you with the Consumer Information Statement (CIS) that helps to explain the different types of "agency."
Lastly, you should have an increased chance of preventing this situation if you use a Keller Williams agency as there are each independently owned and operated (as a franchisee).
In the end, you need to be comfortable with the person you chose to represent you as that is what is truly most important and you never know, your agent may have the perfect listing for you!
in this market is is best to use a buyers agent that will show you comparable sales and know the local market that you are looking for a home.
I have not heard that Maplewood or any other town in NJ Commonly use a specific type of agent.
It is just that most buyers are never educated in the process or care to understand it.
Buyers should always use an agent regardless of where they buy in NJ. In nearly all situations in NJ real estate transactions the seller pays the commission for the buyer's agent. So it costs the buyer nothing to work with an agent.
I strongly recommed to all my buyers that they read and sign a "Buyer Agency Agreement". It is a contract that informs the buyer of their rights and obligations as well as my obligations as the buyer's agent. An informed and protected buyer is the best buyer.
Good luck in your search for real estate.
Prudential New Jersey Properties
West Essex office
Mobile: 973-521-1061 (voice or text)
It's the buyer's choice, some don't and many do...
You have to know that the sellerâ€™s agent is only looking out for the seller.
Understanding this, it is important to realize that what you say to a sellerâ€™s agent may compromise your ability to negotiate the best deal for you. If, for example, during an open house, you casually mention to the sellerâ€™s agent that your family must be relocated by the end of the month to accommodate the start of a new job, the sellerâ€™s agent, by law, must â€œpromote the interests of the sellerâ€ by letting the seller know about your situation. As a result, the seller is now aware that you are somewhat desperate and must move quickly, thus compromising your ability to negotiate the best deal.
Remember, the sellerâ€™s agent is "promoting the interests of the seller... and protecting the sellerâ€™s confidences..." Usually, the interests of the seller consist mainly in getting the best price for their home within a given time period. Even if the sellerâ€™s agent knows the seller has enough equity and is willing to accept $10,000 less than the asking price and, in fact, the home may not be worth what the seller is asking, the sellerâ€™s agent cannot, by law, disclose that information to you. Without a real estate professional working hard on your behalf by providing you with experienced and accurate market information, you may end up paying more than necessary to purchase that particular home.
I would be more than happy to further discuss this with you.
Best of luck,
Edith Miller Angelo
Buyers generally utilize the services of a buyer's agent. I am an Accredited Buyer's Representative with the ABR designation. You get the most bang for you buck when represented this way: no information is withheld, something that can occur when using the services of a Disclosed Dual Agent when either being serviced by the seller's agent, directly, or an agent from the same office or brokerage firm.
Licensed Realtor in NJ and GA