Exclusive Representation
Being Represented by an Agent that 100% looks out for your interest is something you can secure with me. There are many "moving parts" when buying in the Outer Banks. Topics like Flood Insurance, Wind and Hail Insurance, Rental Agency dynamics if you will be renting to vacationers, Home Inspection processes, and the all important negotiation process understanding and savvy to the particulars about a unique area home sale deal, like here in the OBX, a buyer gets from an EXPERIENCED Outer Banks Buyer's Agent.
It is important to mention that Buyers do not always realize that when they call or write a Listing Agent about a listing that agent represents the seller. So, keep this in mind when sending emails, calling agents and visiting Open Houses. Ask the question EARLY of if the agent you are speaking with is representing the seller. Whoever it is you are speaking with they have to be fair and balanced. But, your comfort of choosing a position of working with an agent that works for YOU ONLY may be something you would rather experience. It is always up to you.
When folks contact me about a particular property, first thing I do is let them know if it is my listing or not. If it is not my listing and it is in the MLS, that property is represented by another agent and he/she is looking out for the seller. You need to be aware if you contact the Listing Agent that they represent the seller. I can give you 100% Representation and have only your interests in mind...not the seller's.
There have been changes in the industry of late. Commission has ALWAYS been negotiable and while, traditionally, Sellers offer compensation to the Buyer Agency side they are NOT REQUIRED to give any compensation! The best strategic move to insure a seller gets all the buyers out to their home when they are selling should be disussed with the Listing Agent who understands the local "feel" for what works best for the seller which may include paying compensation to the buyer side. You as a Buyer, as well as Sellers, should know that Buyer's Agents must have an Agency Agreement in hand with the client they are working with BEFORE they show a property. This agreement includes covering the compensation the agency/agent requires to perform services. That figure or percentage of the sales price is between the Buyer and the Agency/Agent. It may occur that this compensation will be partially or fully paid by the Seller. An important data point to share is on the National level it has been tracked how sellers are or are not providing compensation to a buyer's agent. It has indicated that more than 90% of sellers are structuring their Listing Agreement with the listing agency to, INDEED, compensate the Buyer Agency/Agent. As an active agent here in the Outer Banks I have yet to see ANY seller not provide some level of compensation to the Buyer Agency side. If a seller does not meet the agreed amount a buyer has agreed to on their Buyer Agency Agreement it may mean the buyer will have to provide compensation, all or part, to the agency/agent they signed up with.
CONTACT ME TODAY to get started, 100% Represented with only your interests in mind!
You may have questions about Representation. This industry is "form rich" for the right reason of consumer protection. So, when you need the appropriate information in the required version of the form for you as a Buyer or Seller we can go over these in detail BEFORE we do the work so you see how you are protected.I'm here to help YOU!
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