Buyer agent

ottabc

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Is it good to work with a buyer agent? Last time bought a house, tricked by the selling agent.

Thanks in advance for the comments.
 
It is always good to have someone work for you free :)

Try this one, he is super nice;

Italo Medugno

Tel: (613) 728-2664
 
It always good to get advices from someone, but you have to be aware that if the person, you are seeking advices from, has a conflict of interest with the matter. Advices from the person who benefited from the deal are generally biased. Buyer's agent is actullly get paid by the seller. There exists a conflict of interest in this situation.
 
Talked to one agent from Ramax. There is this document called buyer agency, if I sign it the agent will work for me. Is there still any conflict of interest there? It seems that it is free to work with the buyer agent at no cost, whether buy new or old homes, they get paid by sellers, builders, grapevine sellers. It sounds too good to be true.

I bought my home from the agent on the sign outside the house when it was listed for sale. I thought I overpaid. When I found out that she was working for sellers, I got pissed off. I don't know what the real estate business is working, it is very complicated. All agents are smiling and nice, but they are very good at making money.
 
只要Buyer and Seller的Agent不是同一个人,那么Conflict of Interst就小了很多。我在刚开始买房时,Italo提供了很多帮助。比如说:房子小区的买卖价,地税,etc...如果你看中了一处房子,他也会帮你分析房主或卖方的底线。如果你认为房价合适,当然就可以下Offer了。:p
 
最初由 xyz139 发布
只要Buyer and Seller的Agent不是同一个人,那么Conflict of Interst就小了很多。我在刚开始买房时,Italo提供了很多帮助。比如说:房子小区的买卖价,地税,etc...如果你看中了一处房子,他也会帮你分析房主或卖方的底线。如果你认为房价合适,当然就可以下Offer了。:p

It looks like you have very nice agent. But I am not so lucky to get a good agent. She always pushed me to buy houses. So it ended that I kicked her out and bought a house by myself.I think the advantage to get a buyer agent is that they can access some internal information ahead of time. So if there are some really good house for sell in the MLS,they will be sold quickly before they are posted in MLS. Once I called an agent to say I want to see a house on the day it was posted on MLS, but I was told it was conditionally sold.
 
xyz139: Looks like you had good buyer agent working for you


ottabc: A buyer agent get paid from sellers, the seller's money is from the buyers. Sellers factor-in this agent commission expense in the house listing price. At the end, it is the buyers who paid for their buyer agents' commission.

The conflict of interest issue arises when the buyer agents want a quick deal and get the commission from the sellers. This generally exists becasue their time is money; If they have to spend more time on you, they will lose their other potential opportunities. The will tend to push the buyers to rush in, and close a quick deal. A quick deal does not mean a bad deal, but the issue is that has the buyer's agent helped the buyer to explore all the options in term of value, location, and hidden problems.

They are also advantage of using buyer's agents, becasue most of them will have lots of information regarding buying a house. This will reduce the time you spend in researching information

It is good to hire a buyer agent as long as you know what they are after. Most buyer's agents want you to sign an agreement, and there are some terms of conditions will limit your freedom of getting rid of him/her. However, these terms or conditions are subjectd to negotiation
 
没错。虽说大部分的buyer agent希望快一点closing,我们作为消费者仍有最后的决定权和说“不”的权力。一所房子的价值对不同人是有一定差异的。对于一个免费为你“工作”的人,为什么不利用一下呢?没错,buyer agent 也从sales 里分了一杯羹,可如果你不满意价钱你也不可能去买的。只要你在你认为合适的价钱上买了你喜欢的房子,你又何必去管别人怎么“分钱”呢?

但有一点要记住:不要对pushing的agent“投降”。 对于一所房子,你一定要有自己的“底线”。如果不喜欢这个agent就换一个!你要和这个agent看几所房子以后感觉这个人还不错的情况下再和他(她)签和同。
 
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