I just read an interesting post here on Active Rain on the private "Member Only" side. It was about a real estate agent bringing in an offer from a buyer and trying to get the listing agent to respond in a professional way.

This is certainly a common problem in many markets, fortunately here in Ann Arbor it is the rare exception. 

But in that post, the agent talks about trying to get the buyer to make a higher first offer. And out of about 50 responses none of the regular real estate agents even questions that effort.

Now it is important to understand that every negotiation and every transation is different. So there  may be times when it is appropriate for a buyer's agent to suggest a buyer make a higher initial offer. But, in today's market that situation is not the norm.

If you are a buyer and you have NEGOTIATING POWER in the form of OTHER OPTIONS, then your best strategy may be totally different than what all those regular real estate agents naturally want you to do.

I'm not going to reveal the details here because some other real estate agents in our market sometimes read my posts, but, DON'T EXPECT A TRADITIONAL REALTOR TO BE EFFECTIVE IN REPRESENTING YOUR INTERESTS. Most of them still FOCUS ON SELLING YOU A HOME!

 

If you are looking to buy a home and you want a real estate company that will always be on your side, in your corner, and looking out for you, call us.

734-662-6240

Jon Boyd Broker/Manager
The Home Buyer's Agent of Ann Arbor, Inc.
1908 W. Stadium Blvd.
Ann Arbor, MI 48103

We serve the Ann Arbor - Brighton - Plymouth - Novi - Canton - Ypsilanti areas in Southeastern Michigan.

And we can guarantee that you will never be stuck with designated agency, dual agency, or non-agency.

 
This post has been included in Michigan Information

3 Comments on Rant - They call themselves "buyer agents" but they are still missing the point!

SEP
15

Jon,

I don't know anything about Ann Arbor (it just sounds so pretty!) but when I represent a buyer, I am trying to help them buy the right home for their needs.  Sometimes the right house isn't out there yet.  Maybe to get the house they want, they have to build.  That's their decision, I'm just there to make the search, and hopefully the decision, easier.

Have a great week!

9:18am • #1

It blows my mind that people call themselves Buyer's Agents, negotiating specialists, etc.  and they have been in the business a few months, a few years.  I also don't see any designations behind their names...don't say your the best when clearly we know your aren't.  URGH... 

9:19am • #2
155,756 Points Outside Blog

Every market is lower.  Most home that are listing at current market price (based on recent comps) go for list price or higher.  Our inventory has been reduced to a sellers market.

9:23am • #3

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Jon Boyd Ann Arbor Real Estate Buyer's Agent

Ann Arbor, MI

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Home Buyer's Agent of Ann Arbor

Office Phone: (734) 662-6240

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Insights on home buying in the Ann Arbor Michigan area, including Saline, Plymouth, Canton, Chelsea, Dexter, Brighton, Ypsilanti, Belleville, Howell, and Whitmore Lake


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