buyer agent: Why a buyer consultation is even more important today - 02/08/24 07:21 AM
Real estate is changing, it may not be obvious to everyone, but not only has the market changed the last few years with less inventory and rising home prices as well as rising interest rates but the rash of lawsuits is causing agents and brokers to examine how they do business.
Whilst you would never list a home without a listing contract, many agents have worked with buyers without a buyer representation contract. The plethora of lead sites, Zillow, Realtor etc., have caused many agents to turn up at homes to open the door to people they have never met and do … (12 comments)

buyer agent: 6 things to consider when choosing your buyer agent - 01/12/18 10:45 AM
2018 is the year you are going to buy a home.
You are looking on line finding homes, visiting open houses, you have your mortgage lined up, everything is looking good.
Except you haven't chosen your buyer agent yet?
Here are six things you need to consider when you interview different agents or consider when meeting an agent who might be your buyer agent.
1) Do we get on or is this person going to annoy me?
2) Do I trust this person?
3) Does this person have experience?
4) Is this person interested in helping me?
5) Who is this agent working for?
6) Most states have a … (16 comments)

buyer agent: Tredyffrin Easttown Real Estate, What if I can't get a mortgage? - 06/17/17 08:40 AM
Tredyffrin Easttown Real Estate
Frequently Asked Question: What happens to my deposit if I can't get a mortgage?
Even when you have a mortgage pre-approval things can happen to derail a real estate transaction. Many first time buyers worry they will lose their deposit if they cannot get a mortgage. Well, it all depends, and is another reason to select an experienced and strong buyers' agent to represent you so you are protected.
Watch our video that deals with this question:
Depending how your agreement of sale is written matters when a mortgage is refused.
The reason for your failing to get a mortgage might be loss … (3 comments)

buyer agent: He sold homes he did not even own - why you need a buyers agent? - 04/29/17 05:55 AM
Why do you need an agent when you buy a home?
 
He sold homes he did not even own!
Can you imagine buying a home only to be told later you don't own it. Or being arrested for breaking and entering when you rented a home but the landlord did not really own it.
Why do you need an agent when you buy a home? There are lots of reasons, but let's take this case which hit the news here recently. And I know as people read this they will say I would know there was a catch, it was too good to be … (53 comments)

buyer agent: Do you know who is representing you? - 01/23/17 10:29 AM
Who is representing you?
Listing Agent
Our job as a listing agent is to represent the party we represent, the seller. That may sound obvious but often we encounter situations where other people, consumers or buyer agents think we represent them or should do when in fact we represent our client, the seller.
That representation means we will do our best to obtain the highest price we can in the time frame the seller wants with the best terms for the seller and offering compensation to buyer agents the seller has agreed upon in the listing agreement.
Our fiduciary duty, is the highest level of … (15 comments)

buyer agent: Are you connected? - 01/27/15 05:12 AM
Are you connected?
I was clearing snow yesterday and stopped to listen to the silence from the snow and looked at the oak trees beside our drive. They look pretty stark right now, cold and windblown with snow clinging to their sides. In the summer though they provide us with shade, and all year long there are birds hoping through them looking for insects or building nests. In the Spring they offer a hope of what is to come as their leaves begin to show and unfold, I know if the bulbs and flowers are not yet pushing through the earth they … (8 comments)

buyer agent: Confused - not sure which way to go? - 01/22/15 04:16 AM
Confused, not sure which way to go?

I totally understand, many of our clients feel this way when they first come to us looking to buy a home on Philadelphia's Main Line for a variety of reasons.
They are relocating from  a city where prices frankly are not as high on the Main Line. When we first talk about wants and needs and they tell us their price range we have to educate them that this is a different ballpark, and prices here are not at AAA price points but at major league prices. It sometimes takes a little while, … (3 comments)

buyer agent: Frequently asked question: Who pays you? - 01/12/15 02:06 AM
Frequently asked question: Who pays you?
One of the questions we get often is who pays you? Many consumers are aware that a real estate agent gets paid and it is a percentage of the purchase price of the home but is there a difference if you are a seller or a a buyer? Many buyers still believe they as a buyer are going to pay the commission in some way.
Well in reality as a buyer you do because you buy the home and fund the transaction either with cash or through a mortgage. If you don't buy and close … (0 comments)

buyer agent: Frequently asked question: Can you show me this house? - 01/05/15 02:20 AM
Can you show me this house?
 
The phone rings and when I answer, a voice asks "Can you show me this house?" This one seemingly simple question releases a waterfall of other questions so the answer initially is "Well it depends". 
First, are you working with a real estate agent with whom you have a written buyers agency contract and what are the terms of that contract? Does this contract restrict you from working with other agents in my area. I am not allowed to interfere with a relationship you may already have with another agent by PA real estate law. However, if you … (8 comments)

buyer agent: What does it matter who or what your agent is? - 07/28/11 05:27 AM
Do you ever take notice of who or what you real estate agent actually is, go on, I'll wait take a look at their business card again, how do they describe them self?
Salesperson - Realtor - Associate Broker - Broker - Consultant - Real Estate Agent
Are they part time or full time? Did you ask? How many transactions did they do last year? Do you think it is important to know a little about your agent before you sign a contract with them?
Salesperson - someone who has 60 hours of education and passed the state and national real estate exam … (0 comments)

buyer agent: Are you stuck? - 06/28/11 04:38 AM
Are you stuck? Stuck in the same old way of doing things, marketing a home, getting listings. Many real estate agents today are complaining that things are tough, but they are not changing their business model or even their methods of marketing.
Today you need to be realistic and know that our consumers are changing the way they search for and look at homes.

As agents we need to adapt and change as well, this may mean changing everything you know about real estate. It may mean kicking off the traces and doing something different. For some it may mean … (2 comments)

buyer agent: Are you really going to save by negotiating with the listing agent? - 06/22/11 07:57 AM
Many buyers today believe that they can save themselves money by negotiating with the seller through the listing agent rather than have a buyers agent. I wrote yesterday that I felt buyer agency is a sham not because I don't believe in buyer agency because I do, but because the agent is paid by the seller, and until the buyer pays for their own agent the idea of agency is a sham.
Likewise I think buyers don't understand that the listing contract is drawn up before any buyer is ever in the picture. That listing contract states what percentage the home is being … (2 comments)

buyer agent: Buyer agency and why it is a sham! - 06/21/11 04:15 AM
Buyer agency is a sham! Until your buyer client pays you directly it is a sham. Why would any intelligent person want to be in negotiations and have their negotiator be paid by the opposition. Would you want your quarterback or pitcher paid by the other team? Of course not, but everyday consumers are allowing themselves to be represented by someone who is paid by the other side.
Would it make a difference if the buyer paid the agent directly. Of course, for one the agent is going to have to make sure they evaluate what services they are offering and why … (9 comments)

buyer agent: Why would you want to be unrepresented? - 04/09/11 08:59 AM
I got a call this week from a buyer who wanted to see a property of which she thought I was the listing agent. I was not and when I explained this to her she wanted the phone number of the listing agent. I asked her if she was looking at other homes and that I could set up all the appointments for her and represent her when she bought a home.
She politely declined saying she wanted to deal with the listing agents because she wanted to negotiate. I informed her that I could help her with negotiations and that as … (5 comments)

buyer agent: Client Testimonial - 01/08/11 02:33 AM
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buyer agent: Time flies to get the First Time Buyer Credit! - 07/30/09 03:29 AM
   Time is flying fast to obtain the First Time Buyer Credit. Whilst there is plenty of inventory many buyers are being demanding making low offers and asking for seller assists or not making any choice, overwhelmed at the selection of homes on the market.
But, if you think it through you have to act soon. Most settlements take 45 days to settle from offers being made. Yes they canbe done more quickly but with the recent problems with appraisers, and mortgage underwriters taking their time to give mortgage commitments you need to act soon.
The credit disappears unless renewed by congress November … (0 comments)

buyer agent: So how good is your Real Estate Agent? - 05/20/08 08:44 AM
When choosing an agent to represent you what should you be looking for? Professionalism, integrity, skill yes they should exhibit all of these but what else?
Is your agent working at this full-time? Do they know the market and the price bracket you are budgeting? What I mean by this is that one township can have very different markets at different price points. For example in our own township the statistics show that homes priced below $400,000 are in short supply and the market is still a seller's market as there is a shortage of homes in this price range. But homes priced … (3 comments)

 
Nick Vandekar, 610-203-4543, Selling the Main Line & Chester County (Realty ONE Group Advocates 484-237-2055)

Nick Vandekar, 610-203-4543

Selling the Main Line & Chester County

Downingtown, PA

More about me…

Realty ONE Group Advocates 484-237-2055

Address: 92 Lancaster Avenue, Devon, PA, 19333

Office: (484) 237-2055

Mobile: (610) 203-4543

Some thoughts and ideas about Tredyffrin Easttown, Main Line and Chester County Real Estate that might help you when you buy or sell.



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