With trepidation, I say, "Not necessarily." Why trepidation? Because there is much controversy regarding something called dual agency. This condition exists when one real estate agent represents both the seller and the buyer in a transaction. There are some who argue quite persuasively that one agent cannot properly carry out their fiduciary duty to either party when they represent both.
How can a real estate agent keep the seller's best interests at heart when the buyer is trying to get a good deal on a property? Or represent the buyer's best interests when the agent knows their offer is higher than the lowest amount the seller will accept? See the problem?
When you are cruising down the street and you spot that perfect house, you might want to think twice before you call the number next to the listing agent's name. If you are already working with an agent, call him or her. They'll be glad to show you the house. If you aren't working with anyone already, you might be better served just calling the general office number which will also be on the sign. At least then you will probably not end up talking to the listing agent.
If you do get the listing agent to show you the house, ask him or her how they will be representing your interests in the transaction. If they're honest, they will say that in this situation they really will just be functioning as the transaction facilitator, carrying messages between the two parties until an agreement is reached.
I have mixed feelings about dual agency. After all, it is the buyer and seller who ultimately have to reach an agreement. And they don't always listen to the advice of their REALTOR anyway. Bottom line is that you have to trust that the agent is honest and has integrity. I'm not sure you can determine that if you've met them for the first time by calling their number on the sign.
In my opinion, it's one of the many good reasons to develop a relationship with a real estate agent who represents buyers exclusively when they decide to buy a home. That agent represents you and only you and will negotiate on your behalf. And now that I've made all the listing agents out there mad -- I'm signing off!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You're at Home with Heather
Shreveport and Bossier City, Louisiana Real Estate
Shreveport Home Connection
Coldwell Banker J. Wesley Dowling & Assoc. LLC
Serving your real estate needs in Shreveport, Bossier City, Benton, Haughton, Keithville, Stonewall, Blanchard, and Barksdale AFB
Licensed in Louisiana