How a Portland Exclusive Buyers Agent SELLS!
Real estate terminology is about as clear as mud.
And for this very reason, people wonder how I can be an Exclusive Buyers Agent and also a top SELLING agent in Portland.
Question: How can I be an Exclusive Buyers Agent AND a Selling Agent?!?
Answer: Simple. I am the Portland agent who brought the buyer to the closing table AKA the "SELLING AGENT".
Don't Confuse "Selling Agent" With "Seller's / Sellers' Agent"
The Selling Agent is always the agent that SOLD the property. Now, the property could be SOLD by the listing agent to the Buyer as a Disclosed Limited Agent, aka "Dual Agent." In that scenario, the listing agent could also be the selling agent. But, when I sell the property and work on behalf of my Metro Portland Buyer clients . . . I am the SELLING AGENT!
A Property is Only SOLD if it has a Buyer
The listing agent works for the Sellers. The listing agent can only SELL the property if there is a Buyer. If not, the house remains UNSOLD.
Does The Listing Agent Bring In The Buyer?
In the majority of sales, the property is sold through a co-op arrangement. The listing agent is representing the sellers and a buyers agent is representing the buyers. When the deal closes it will be the BUYERS AGENT who is recorded as having made the sale, i.e., the SELLING AGENT! The below is from a sale I just closed recently. This is from the RMLS which records data of all the property that has been listed by an agent in the Metro Portland area. As you can see, the S/AGT: Carla Muss-Jacobs is recorded. The "Selling Agent" is none other than yours truly . . . and I am an Exclusive Buyers Agent. I haven't listed property or represented a seller for over 9 years. The SELLING AGENT is the AGENT that BROUGHT THE BUYER TO THE CLOSING TABLE.
What Can A Portland Buyers Agent Do For You?
They CAN NEGOTIATE FOR YOU!
As you can see, the property above in which I represented the buyers, SOLD for $35,000 LESS then the ORIGINAL List Price.
Not only that, but I negotiated $10,000 of Buyers Closing Costs to be paid by the Sellers.
I know . . . not bad.
Ask YOUR "dual agent" if they're going to be able to "COMP" housing prices for you and tell you the Sellers must be smoking something from 2006.
HA HA HA HA HA HA
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