Do I Need a Buyer's Agent to Represent Me?

I was meeting someone for the first time yesterday. When we met at my office I went over agency and the Real Estate brochure working with a Real Estate Agent. After I got done I asked them if they wanted me to represent them as an exclusive Buyer's agent.... They said yes...why would anyone not? I thought that was a good question.

If properly explained in North Carolina most people will sign an exclusive agency with a Realtor. Otherwise the person driving you around to show you homes is working for the seller....Do you really want to divulge information about your wants, needs and motivations to soemone who is just going go back and tell the seller everything you just said if you make an offer? I know I don't.

In North Carolina Real Estate transactions are considered a buyer beware state. Thus you need someone looking out for your best interests in the transaction; not the sellers.

Having an exclusive buyer representative gives you the peace of mind of knowing that the Realtor you are dealing with is looking out for you solely. As a Realtor we still have an obligation to the other party to be fair....but our allegiance lies with the buyer.

What is eapecially disheartening to me is the amount of people that will call an agent about a house they have listed and get into personal information about their finances and not know that the agent is representing the seller in this transaction...if that is the hosue you elect to put an offer in on.

I am not advocating going out and signing up with the first agent you speak with. I talk to many people and expalin to them agency. They tell me they are not ready to commit to me. That is fine also. They do not know how well fo a job I am going to do for them. I beleive I need to earn yoru trust and loyalty. But, be careful about an agent who will not send you any homes or give you any information unless you sign a buyer's representation with them.

A home purchase is going to be the largest purchase you make in your lifetime....Make sure your best interests are represented by someone working for YOU.

Dave diCecco
Realtor/Agent
www.davedicecco.com