Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Do I Need a Buyer's Agent When Purchasing My Franklin TN Home?
Yesterday, I received a call from a buyer who found me through a market report I had written for Franklin TN. I specifically mentioned the importance of working with a Buyer's Agent in that report. His question was, "Do I need a buyer's agent to purchase a Franklin TN home?"
Hopefully the following information will answer his question and clarify any misunderstandings a buyer may have regarding Buyer Agency.
What is Buyer Agency?
In the late '90's real estate laws changed to protect buyers from the common-law practice of caveat emptor ("let the buyer beware"). Prior to this change, all real estate agents worked for the seller. Even if, they were using an agent other than the listing agent.
While sellers benefited from this arrangement, buyers began to question whether their financial interests were being protected. Buyers demanded accurate, factual information, as well as, objective advice. Their demands resulted in a change to agency law and the Buyer's Agent was born.
While Buyer Agency was created to protect the fiduciary interests of home buyers, many still contact the listing agent when purchasing a home. Primarily, because buyers think they will be able to negotiate a better price for the home if they use the listing agent. Actually, that is rarely the case.
Can't I save money by using the Listing Agent?
The listing agent has been hired by the seller to represent the seller's fiduciary interests. The listing agent's commission is negotiated at the time the listing agreement is signed. It is common practice for the listing agent to split that negotiated commission with the Buyer's Agent. However, if the listing agent brings the buyer, then he receives the full commission or both sides of the transaction.
Buyers mistakenly think that commission split will be passed on to them. It is not. Even worse than that, a buyer may actually pay more for a property by using the listing agent. Remember, the listing agent works for the seller. His responsibility is to get the highest sales price for the seller.
By using a Buyer's Agent, you are assured that individual does not work for the seller. The Buyer's Agent works for the buyer. His responsibility is to negotiate the best price and terms for the buyer.
Are there other things I need to know about Buyer's Agency?
There are many contingencies that can be put in place to protect the buyer. The Buyer's Agent will make sure all these contingencies are in place and satisfied prior to closing. He will also provide comparable sales data to assist in determining a purchase price so the buyer doesn't pay more than he should for a property.
What about new construction and For Sale by Owner homes?
It's important to remember the on-site agent works for the seller/builder. He will not provide the buyer with the most recent comparable sales data. The on-site agent's job is to get the most amount of money for the home to increase the seller's profits.
You also want to use a buyer's agent when purchasing a For Sale by Owner (FSBO) for many of the same reasons stated above. In most cases, For Sale by Owners will pay the Buyer's Agent for his services.
Most importantly, the Buyer's Agent will oversee every element of the new construction and For Sale by Owner transaction.
Who pays the Buyer's Agent?
All of this service is provided to the buyer for no cost. The Buyer's Agent represents the buyer but he is paid by the seller. Some brokerages may require a small administrative fee be paid by the buyer but this should be disclosed to the buyer prior to signing any agreement.
The best way to insure that you are protected is to enter into a signed Buyer's Representation Agreement with your Buyer's Agent. This is a contract between the buyer and the Buyer's Agent which clearly outlines the details of your agency relationship.
If you are looking to buy a home in Franklin TN, make sure you have secured the assistance of a Buyer's Agent. Call Tammie White at (615) 495-0752 today with all your buyer agency needs.
Do I need a buyer's agent when purchasing my Franklin TN home?
Franklin TN Homes Real Estate Blog by Tammie White of Benchmark Realty LLC is a Great Place For Real Estate Agents and Potential Buyers and Sellers to get to know more about Franklin TN Homes as well as other parts of Williamson County.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.