who won't allow you to have representation! As a buyer in North Carolina, you have the right to real estate representation during the buying and/or building processes.
I have a wonderful set of clients who are looking to buy. I found a nice home that meets their needs to a "tee." I know it is perfect because I interviewed for the listing. The house is right for them. I received a call from the sellers telling me that they were not going to list the home. They had decided to go FSBO. My first thought was, "Great!!!" My second thought was how perfect the home still is for my buyers, so I called to schedule a showing and make sure the co-broke was not a problem. They said they would co-broke but my commission would be added to the price they are asking. Fine, it is a llittle high when you add the commission above the listed price but I talked to my buyers and they WANT my representation so it was all good.
Then I received another call from the sellers; they do not want agents to show the home. My buyers are happy to add the co-broke fees to the list price but the sellers do not want to work with any Realtors.
My question would be, what are they trying to hide? Buyer representation is a right in NC. As a buyer and as an agent, I would urge caution in proceeding in a transaction where a seller tells you they do not want you to be represented. I, personally, know that this seller has plenty of "professional" advice from a builder in their family.
I have also seen several builders lately, who are offering programs and incentives to urge buyers to not have representation. Buyer representation costs have always been built into the prices of homes in our area. The builders, generally, do not have dual pricing (one price with commission and one price without). Why would anyone want to encourage a buyer to "fly blind" through what can be a difficult process.
Buyer representation offers a level playing field in the realm of real estate. The buying and building processes aren't always difficult, however, issues can and do crop up on a fairly regular basis. As with any other field, you work through the issues as quickly and conveniently as possible to move on. It is in any buyer's best interest to have a professional working on their behalf, someone who knows what to look for and how to handle to handle the transaction through to close. My job as a buyer agent just starts when we get to contract. The days between contract and close are when my job becomes crucial. That is where I earn my comoensation.
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