EVERY MEMPHIS HOME BUYER SHOULD HAVE A BUYER'S AGENT

Every Memphis Home Buyer Should have a Buyer’s Agent
Most everyone is really in the dark as to what role an agent plays in a real estate transaction. I know, I know…it’s not like people are buying houses every other day, and they tend to forget how their last buying (or selling) experience went. They may remember more about it if it was a disaster rather then if it was a smooth easy ride. In any case, having an agent to represent you to help you find and negotiate for your property is a very good idea. Although the listing agent in Tennessee can also represent the buyer and facilitate the transaction for both buyer and seller, they still have their loyalties tied to the seller since their listing agreement came first.
Now trust me, I would much rather sell my own listing. If no other agent is involved, there is no commission splitting. I would of course perform all my duties for both the buying and selling side in a diligent and professional manner and be much happier with my commissions.
But you should know that everyone should have their OWN representation to look out for their interests. There is not a charge to the buyer to have this representation and hopefully you will have picked out a knowledgeable agent to help you with each and every step in the transaction process in a professional and respectful manner. Your buyer’s agent is paid from brokerage fees that are charged to the seller.
If you do decide to have your own agent, and then if you should find any homes that may interest you while either out looking on your own or looking through a homes magazine or in an open house, please show YOUR agent the courtesy to phone him or her and let them find out any information you need about those properties. Once you go around your own agent and contact the listing agent of a property, those listing agents begin to feel like they “own” you as their client. If you must or have to contact another agent either by phone or at an open house, you should tell them right at the beginning that you are working with an agent to help you purchase. That way, they know where they stand and may not pester you as much as well.
Once you have found the home that will work for you, putting in an offer with your own agent makes much more sense. That agent can help you as if he were the captain of YOUR team and try to score big for you. If you decide to put an offer in with the listing agent, they already have an impression from the seller as to just how low they might go in price or what they will or will not fix in the house…. but that may be a false impression put in their minds by the seller…and unless an offer is put in and fashioned after YOUR interests, then how would you ever find out just what is the best price on that home? So it may not be that the listing agent would intentionally deceive, but only lead you down the wrong path because they too were told only what the seller wanted them to hear. If you have “neutral” representation or someone on YOUR side, (Not the seller’s side) then you may have a better chance of attaining the best transaction price and extras that is possible.
Remember, purchasing and owning a home may the one of if not the biggest investment you will have for you and your family. You deserve the best representation you can get….and if it’s free…why not have it?If you would like professional buyer representation for your next purchase, why not contact Connie Chambers or Don DeBaer. Visit their web site here http://www.bluffcityrealestate.com/ for complete information about their services.