Buyers: Do You Want to Know the Secret to Getting a Better Real Estate Deal?

By
Real Estate Agent with Hurd Realty 312675

I've said it before and I'll say it again, "Why would you want to negotiate such a huge, complicated and expensive transaction on your own, when using a buyer's agent to represent you costs you nothing?". Okay, so I haven't said it this exact same way before but please don't buy a house directly from the seller, builder or listing agent unless, of course, you were a Realtor in another life. There are just too many ways in which THEY are looking out for THEIR own or their client's interests, and not yours. A buyer's agent is always looking out for you, first and foremost, and putting your interests ahead of theirs.

Sure, you may think you've gotten a better deal by cutting someone out of the transaction, but have you? Maybe the builder says he'll reduce his price by $10,000 (equal to the real estate commission) but what's $10,000 over 30 years if he/she nickel and dimes you on everything else? Or the For Sale by Owner locks you into something you overlooked on his/her contract? And that Listing Agent, even though he/she is now not a designated agent for either of you, was originally working with the seller and knows things...

By all means interview several Realtors, get referrals from trusted friends, family and co-workers, surf the Internet but do not purchase a home without representationWould you go to court without a lawyer? 

Need good real estate representation in Johnson City Tennessee or anywhere in Northeast Tennessee? Contact me, I'm looking out for you and your best interests and no one else's. 

 

Copyright 2009 by Kelsey Barklow. All rights reserved.

Comments (7)

Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Kelsey--I can't agree more.  Why would anyone not want the buyer working for them?  Thanks for visiting my blog a little while ago.  Thanks for the tech suggestions.  Guess I haven't taken the time to figure out the great tech ideas yet.  I try one every so often if it works fine it not I move onto other less frustraing things.  Mary

Ps  How do I link Twitter & Facebook, etc.  Is there a post somewhere with directions?  Thanks for your help. 

Apr 24, 2009 05:56 AM
Kelsey Barklow
Hurd Realty - Johnson City, TN
423/948-9154

Hey Mary,

Blog posts on how to send your posts to Twitter and your Twitter posts to Facebook:

http://activerain.com/blogsview/713957/ActiveRain-and-Your-NEW-Twitter-Settings

http://activerain.com/blogsview/714142/Activerain-added-Twitter-Feature

 

I did it myself so it must be easy! Thanks for your reply.

Apr 24, 2009 06:14 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Lawyer analogy about representation is the one most descriptive to me. It usually makes the point. Thanks.

Apr 26, 2009 02:58 AM
Jenny Kotulak
RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON
Broker - Oakville Ontario Real Estate

Hi Kelsey,

What other kind of business offers professional service for free?  And our license says we owe our duties to this person who doesn't even pay us????  Who WOULDN'T want to take advantage of that?? 

Apr 26, 2009 04:16 PM
Kelsey Barklow
Hurd Realty - Johnson City, TN
423/948-9154

Thank you Mary, Wayne and Jenny for commenting on my rant post. This one stemmed from a customer who finally answered my call and told me that he was buying directly from the builder. Huh!

Apr 27, 2009 09:49 AM
Cindy Edwards
RE/MAX Checkmate - Johnson City, TN
CRS, GRI, PMN - Northeast Tennessee - 423-677-6677

What a great post.  I couldn't agree more!!!

Apr 29, 2009 10:08 AM
Todd Clark
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I once heard a stat that when people go to buy a car, that 90% end up paying more than they wanted to when they walked in and on average pay 5% more than the original price advertised for the same car... You want to negotiate your own transaction that is 10 times more expensive?

 

May 03, 2009 07:20 PM