Should you call the Real Estate Agent that is listed on the Lehigh Valley Home For Sale Sign? Let's examine what this means. Then you can make the decision.
A home owner calls a real estate agent. They meet and discuss the home it's condition and pricing. The seller then hires the agent to sell the house. They sign a contract ensuring confidentiality. Physical defects with the house (i.e. the basement gets water) must be disclosed but the agent is contractually bound not to disclose seller motivation or financial information unless the sellers gives direct permission.
When the Home Buyer directly calls the listing agent, that agent could possibly be put into a Dual Agency position. The agent could now be legally representing both the Lehigh Valley Home Buyer and the Home Seller. This is fine as long as circumstance don't lead the buyer or the seller to believe the agent has a better relationship with the "other side". It could blow up if either party feels they were misrepresented.
Another option is that the Home Buyer could have their Own Real Estate Agent. If the Home Buyer sees a sign in front of a house, they call "their" agent who schedules the showing, shows it to them, and then delves into any questions/motivations about the property.
When a Lehigh Valley Home Buyer works with a Buyer's Agent (their agent), that agent is contractually bound to confidentiality about the Buyer's motivations and finances. The agent doesn't have a vested interest in selling the "dream house" listed by the other agent and should treat each property with neutrality. Even though home buying can be very emotional, in actuality it is a large financial transaction.
Does using a Buyer's Agent cost more money? The real estate fees and costs are built into the commission on the home sale. Whether calling the agent on the sign or calling your own agent the fees are typically the same. (it must be disclosed if they are not)
You can call the number on the sign or work specifically with a Home Buyer's Agent. The decision is yours!
Visit www.LehighValleyHomesOnline.com for more information.
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