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What Seller's Agents Can't Do For You as a Home Buyer
The nation's smartest homebuyers know that the best way to buy a home is to have their own professional representation.
Think about it: Seller's agents are legally obligated to work toward getting the seller the highest price and best terms of sale. So,
Can the seller's agent prepare a market analysis for you that would prove the seller's asking price is too high? NO. Can the seller's agent suggest that the seller may take an offer well below the list price? NO. Can the seller's agent say you should ask the seller to make repairs, or that the seller should pay for your home warranty and/or your closing costs? NO. Can the seller's agent negotiate on your behalf and try and get the seller to accept a price and terms that are a better deal for you than for the seller? NO. Will the seller's agent show you ways you can protect yourself while writing a contract and point out ways you can get out of the contract during the transaction? NO. Can the seller's agent guide you through canceling the contract and work to protect your interests while doing so? NO. By law, a seller's agent cannot. A seller's agent has contractual ... more
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