A question i hear every now and then is "should a buyer use more than 1 agent to look at houses." Every now and then while showing houses for sale in or around Manchester NH i run into this. This week i ran into into it twice... both buyers were looking for short sales or bank owned homes.

The buyer said "they were using multiple agents to find bank owned homes or short sales that way they had more agents working in their behalf so they could have access to more homes."



After shaking my head in dibelief... My answer was "You can have 10 agents all using part of their time, effort and resources looking for houses for you, with all of them knowing deep down you may buy through someone else which often results in them not giving it their all."
 
"Or... you can get 100% of an ONE agents time, resources and knowledge assisting you with every aspect of buying a home. '

In most cases you can hire a buyer agent at no cost to you, the buyer agent gets paid their commission from an amount listed in MLS by the listing agent and gets paid at closing.

They can assist you in getting prequailified for a loan, they can provide listing sheets on potential homes, show you the homes you want to see, assist you with negotiations, getting you the best deal on price and terms, assisting you with the home inspection, appraisal and closing the loan.

The service of one agent giving their all, is worth more than 10 agents each giving you 10%.


After a couple of questions regarding Bank Owned homes, i realized they really did not know much about them. I let the couple know that this is a prime example of those other agents who had shown them homes but not even assisted them with what they were looking for or what the process involved. I handed them a copy of my popular blog with tips on buying foreclosed homes.  To my surprise the buyers reply was, "this seems like a lot of work, maybe a short sale would be easier to buy". Thinking to myself "uuuugggghhhhh" i then let them know as brief as possible what a short sale was. They told me "no other agent ever let them know that."  The wife asked me if i had a hand out for short sales as well, i said i sure did and handed them a copy of my blog on tips for buying a short sale..

 




The buyer then told me that they had learned more in a half hour with me than in 3 months of looking for homes "with so many other agents" she boasted. i looked at them eye to eye and said this is why you need one agent giving you their all, instead of getting rushed through houses by agents you never hear from again. When shockingly the husband blurts out "most houses we were given a code to, no one let us in." another long sigh by me......




If you are looking to buy or sell a home in New Hamhpshire, please call us first. We strive to provide the best in personal and professional service through each step of the buying and selling process.  

We offer * FREE *  BUYER REPRESENTANTION - ask us how we can help you buy a home here in New Hampshire. (*please contact us for details and conditions*)

PLEASE SEE SOME OF MY MOST POPULAR BLOGS

  1. TOP 5 TIPS For Buying a Bank Owned Home
  2. TIPS AND ADVICE For buying a Short Sale
  3. Should a Buyer Use more than 1 Agent to help then buy a home?
  4. Can I Purchase a home that is in FORECLOSURE?
  5. Are Buyers waging WAR on SELLERS?
  6. Do you owe more than your house is worth?
  7. Can a Listing Agent submit an offer to a Seller that is "TOO LOW?'
  8. THE TOP 5 MYTHS about Todays; REAL ESTATE MARKET
  9. THE TOP 5 WAYS to know if "NOW IS THE TIME TO BUY A HOME."
  10. THE "SECRETS" to getting a SHORT SALE approved
 
 
ONE OF NEW HAMPSHIRE'S LEADING AGENTS FOR SHORT SALES AND BANK OWNED HOMES...

If you are Looking for a Real Estate Agent you have come to the right place. Scott Godzyk is a Full Time and Local agent ready to serve all of your Real Estate needs through each step of the buying or selling process. We are proud to be locally owned and operated.

If you owe more than your house is worth, If you are behind in your payments, I may be able to help. Call me to find out how you may be able to sell your home at no additional cost to you.

Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Ssles, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.

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This post has been included in New Hampshire Real Estate News Hillsborough County, NH Real Estate News Manchester, NH Real Estate News
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8 Comments on Should a Buyer use more than 1 Agent to Buy a Home?

OCT
21
2011
1,442,083 Points 26 Featured Posts Outside Blog Called Shot Master

Very good post and a very common situation.  Many buyers and investors do not understand the process.

IMG_5919 Life is good!

Roy and Dolores Kelley Photographs
10:10am • #1
704,009 Points 56 Featured Posts Outside Blog Called Shot Master

Thank you for your comment Roy, it sure is common, almost too common... It is rewarding though to be able to take the time and have a buyer listen to me and be so thankfull for taking the time when no one else did. It is a misconception some buyers have.
10:15am • #2
NOV
01
2011
236,159 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Scott,
Thanks for sharing.
It's common for buyers that are using multiple agents to be unprepared and very confused.
I hope they understand the value that you will provide to your clients.
Have a wonderful week!
11:20pm • #3
NOV
03
2011

Great Post Scott,

Hope you clients appreciate you.

10:27am • #4
DEC
03
2011
167,607 Points 4 Featured Posts Outside Blog

Why do people have such a hard time getting this principle?    It's so logical - 100% of one is far better than 10% (if that) of ten.   I wish I had a nickle for every time I've said it.  

I love the "lost-confused-unsure" etc photo.   Would you consider  letting me share it since I'm in a completely different market?   I'd of course be sure to give you credit.  
11:26am • #5
DEC
26
2011
1 Featured Post Hit Router

Scott you cannot blame the customers who do not have a clue on the process and who are confused the more by unprofessional agents who hand them keys to go and do their jobs. They need to be called out and fired from the profession.
9:52am • #6
FEB
25
2012
1 Featured Post Outside Blog Attended Rain Camp

Hi Scott,

 

Nice posting, I particularly like the list of your most popular posts:)
11:02am • #7
FEB
26
2012

Nicely put.  I think that some buyers are afraid to make a "commitment" to an agent and think that they'll get a better deal if they "cut out the middle man" because they don't know how it works.  I've also experienced that sometimes these buyers are the controlling type who may make your life miserable in the long run by insisting on doing things their way and not the way of the professional.  The ones who I've offered to show a presentation to who have turned it down are the ones who I feel I'm better off without.  We have to stop running out and showing properties to buyers we don't know and who may not even be qualified to buy.
10:26am • #8


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Scott Godzyk, One of Manchester NH's Leading Agents

Manchester, NH

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Godzyk Real Estate Services

Address: pob 4783, Manchester, NH, 03108

Office Phone: (603) 661-2121

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Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Sales, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.


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