HomeTraq University

When you speak to an agent at an open house, call an agent for more information about a house, or ask an agent to show you a home, you might be opening a can of worms for yourself if you don't intend to buy a home through any of these agents.  Don't make the mistake of leading an agent on, even unintentionally, because it can come back to bite you. The real estate agent and brokerage who have a home listed for sale represent the seller and that person's best interests.  The listing agent is contractually obligated to report to the seller all activity & material facts they learn about the local market and potential buyers.   Learn about the easiest, fastest way to tour a home quickly without having to find or commit to an agent.    While all  licensed real estate agent   agents have an ethical responsibility to be truthful and not mislead anyone they also aren't necessarily able to advocate for someone they are not representing.  ...

Many buyers wonder if the listing agent of a home they are interested in will show the home to them. The answer is "yes", as the listing agent is obligated to show his or her client’s home. A listing agent is hired by the seller to work 100% for the seller’s best interests.   Additionally some buyers wonder if they can save some money by going directly to that seller's agent to buy the home.   On the surface, the thought of cutting out the "middleman (a buyer's agent)" may sound like a way to save time and money.   While it may save time, the buyer will NOT save money on that specific purchase transaction.   What many potential buyers DO NOT realize is that  the buyer’s agent commission is determined by the seller.   The listing-side AND buyer-side commission i s set once a property is listed with an agent.  The seller negotiates the total commission they will pay for the home to be sold which includes the portion to be ...