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You wouldnt let your spouses attorney represent you in a divorce, would you? So why allow the sellers agent to represent you when you purchase property he has listed? Like spouses in a divorce, buyers' and sellers' have different goals. The seller wants you to pay his asking price. You want to offer less. The only way to get the best price when you buy - and to be assured you're shown all the homes that fit your requirements is to have an exclusive agent on your side. You need to be represented by your very own "Buyer's Broker". For years, buyers assumed the agent showing them property was "their agent". They confided in this person and revealed their negotiating strategy, including the maximum price they would pay. They didn't know - and weren't told - that this information would be used against them. Their supposed agent was duty bound to tell the seller everything, and tell them nothing! Even though a "Buyer's Broker" works exclusively for you, the custom in Arizona is for the seller to pay his fees. That way you get the best of both worlds. Exclusive representation at no cost to you personally. Any buyer who let's a seller's agent negotiate a purchase contract for him or her is almost certain to end up paying more for the privilege. Richard K. Olsen, has 24 years experience in Arizona. He has been involved in very large and complex transactions, as well as simple ones. Isn't it time you had a "Buyers Broker" to protect your interests when you buy Arizona property? |
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Last Updated
01/22/10 |
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