Written Agreements Benefit Buyers
Most consumers know that
if they want to “hire” a real estate broker/agent to sell their home and
represent their interests, they must sign a contract. Realtors® are not
allowed to list a property without one. The contract clearly spells out
the terms of the agreement including length of time, compensation and
each party’s responsibility.
While buyer agency is not a new
concept – it has been legal in MA for 15+ years and a few years ago the
law that governs agency relationships was updated to further ensure
consumer protection, many buyers and some agents still don’t understand
the benefits of a written Buyer Agency Agreement/contract.
Buyers often call me to ask for help finding a home and many tell me
they have had disappointing experiences with "their buyer agent." When I
ask if they had a contract with the agent, they answer is almost always
“no”. Well, of course they are disappointed! How did the
agent know what the buyer expected? And were the buyer's expectations
realistic?
The benefit of a contract is that both
the buyer and the agent know what to expect and that each is
accountable. The buyer knows which geographic areas the agent covers,
they know how the agent is going to be compensated, and that the agent
is legally obligated to act in the buyer’s best interest.
Buying a home is a process not an event - there is a lot more involved
than finding a picture on the internet or going to open houses to
"look." Successful negotiations are based on trust, confidentiality, and
mutual respect. Buyers, you are entitled to have a qualified
broker/agent on your side to ensure you get the representation you
deserve and a written agreement is the first step.
While any agent can call themselves a
buyer's agent, an ABR, Accredited Buyer's Representative has additional
training and is part of a network that continues to provide education
and new tools for representing buyers.
Before you start looking for a house
find a qualified buyer agent/broker who will listen to you and respect
your needs; one who knows the market in the area, knows how to
negotiate, has a network of resources - lenders, home inspectors,
attorneys, movers, etc.; and who will educate you so you can make the
best decisions about your new home. Real estate is about relationships
so make sure you have an agent who knows and cares about your
well-being.
------------------------------------------------------------------------------
Marilyn
Messenger is an Accredited Buyer's Representative (ABR), Certified
Residential Specialist (CRS) licensed real estate broker associated with
Andrew Mitchell and Company in Concord MA. She has been representing
home buyers in Sudbury, Maynard, Wayland, Stow, and the towns west of
Boston since 1993. If you are thinking about buying a home, contact
Marilyn at 508-596-3501.
Search for homes
Connect with Marilyn's real estate profile on Google+
- See more at: http://www.marilynmessenger.com/Web/AR438531/CustomContent/index/5492216#sthash.rRphUgHr.dpuf
Written Agreements Benefit Buyers
Most consumers know that
if they want to “hire” a real estate broker/agent to sell their home and
represent their interests, they must sign a contract. Realtors® are not
allowed to list a property without one. The contract clearly spells out
the terms of the agreement including length of time, compensation and
each party’s responsibility.
While buyer agency is not a new
concept – it has been legal in MA for 15+ years and a few years ago the
law that governs agency relationships was updated to further ensure
consumer protection, many buyers and some agents still don’t understand
the benefits of a written Buyer Agency Agreement/contract.
Buyers often call me to ask for help finding a home and many tell me
they have had disappointing experiences with "their buyer agent." When I
ask if they had a contract with the agent, they answer is almost always
“no”. Well, of course they are disappointed! How did the
agent know what the buyer expected? And were the buyer's expectations
realistic?
The benefit of a contract is that both
the buyer and the agent know what to expect and that each is
accountable. The buyer knows which geographic areas the agent covers,
they know how the agent is going to be compensated, and that the agent
is legally obligated to act in the buyer’s best interest.
Buying a home is a process not an event - there is a lot more involved
than finding a picture on the internet or going to open houses to
"look." Successful negotiations are based on trust, confidentiality, and
mutual respect. Buyers, you are entitled to have a qualified
broker/agent on your side to ensure you get the representation you
deserve and a written agreement is the first step.
While any agent can call themselves a
buyer's agent, an ABR, Accredited Buyer's Representative has additional
training and is part of a network that continues to provide education
and new tools for representing buyers.
Before you start looking for a house
find a qualified buyer agent/broker who will listen to you and respect
your needs; one who knows the market in the area, knows how to
negotiate, has a network of resources - lenders, home inspectors,
attorneys, movers, etc.; and who will educate you so you can make the
best decisions about your new home. Real estate is about relationships
so make sure you have an agent who knows and cares about your
well-being.
------------------------------------------------------------------------------
Marilyn
Messenger is an Accredited Buyer's Representative (ABR), Certified
Residential Specialist (CRS) licensed real estate broker associated with
Andrew Mitchell and Company in Concord MA. She has been representing
home buyers in Sudbury, Maynard, Wayland, Stow, and the towns west of
Boston since 1993. If you are thinking about buying a home, contact
Marilyn at 508-596-3501.
Search for homes
Connect with Marilyn's real estate profile on Google+
- See more at: http://www.marilynmessenger.com/Web/AR438531/CustomContent/index/5492216#sthash.rRphUgHr.dpuf
Most consumers know that if they want to “hire” a real
estate broker/agent to sell their home and represent their interests, they must
sign a contract. Realtors® are not allowed to list a property without one. The
contract clearly spells out the terms of the agreement including length of
time, compensation and each party’s responsibility.
While buyer agency is not a new concept – it has been legal
in MA for 15+ years and a few years ago the law that governs agency
relationships was updated to further ensure consumer protection, many buyers
and some agents still don’t understand the benefits of a written Buyer Agency
Agreement/contract.
Buyers often call me to ask for help finding a home and many tell me they
have had disappointing experiences with "their buyer agent." When I
ask if they had a contract with the agent, they answer is almost always “no”.
Well, of course they are disappointed! How did the agent know what the
buyer expected? And were the buyer's expectations realistic?
The benefit of a contract is that both the buyer and the
agent know what to expect and that each is accountable. The buyer knows which
geographic areas the agent covers, they know how the agent is going to be
compensated, and that the agent is legally obligated to act in the buyer’s best
interest.
Buying a home is a process not an event - there is a lot more involved than
finding a picture on the internet or going to open houses to
"look." Successful negotiations are based on trust,
confidentiality, and mutual respect. Buyers, you are entitled to
have a qualified broker/agent on your side to ensure you get the
representation you deserve and a written agreement is the first
step.
While any agent can call themselves a buyer's agent, an
ABR, Accredited Buyer's Representative has additional training and is part of a
network that continues to provide education and new tools for representing
buyers.
Before you start looking for a house find a qualified buyer
agent/broker who will listen to you and respect your needs; one who knows
the market in the area, knows how to negotiate, has a network of resources -
lenders, home inspectors, attorneys, movers, etc.; and who will educate you so
you can make the best decisions about your new home. Real estate is about
relationships so make sure you have an agent who knows and cares about your
well-being.
------------------------------------------------------------------------------
Marilyn Messenger is an Accredited Buyer's Representative
(ABR), Certified Residential Specialist (CRS) licensed real estate broker
associated with Andrew Mitchell and Company in Concord MA. She has been
representing home buyers in Sudbury, Maynard, Wayland, Stow, and the towns west
of Boston since 1993. If you are thinking about buying a home, contact Marilyn
at 508-596-3501.
- See more at:
http://www.marilynmessenger.com/Web/AR438531/CustomContent/index/5492216#sthash.WTOHYzgD.dpuf
Most consumers know that if they want to “hire” a real
estate broker/agent to sell their home and represent their interests, they must
sign a contract. Realtors® are not allowed to list a property without one. The
contract clearly spells out the terms of the agreement including length of
time, compensation and each party’s responsibility.
While buyer agency is not a new concept – it has been legal
in MA for 15+ years and a few years ago the law that governs agency
relationships was updated to further ensure consumer protection, many buyers
and some agents still don’t understand the benefits of a written Buyer Agency
Agreement/contract.
Buyers often call me to ask for help finding a home and many tell me they
have had disappointing experiences with "their buyer agent." When I
ask if they had a contract with the agent, they answer is almost always “no”.
Well, of course they are disappointed! How did the agent know what the
buyer expected? And were the buyer's expectations realistic?
The benefit of a written contract is that both the buyer and the
agent know what to expect and that each is accountable. The buyer knows which
geographic areas the agent covers, they know how the agent is going to be
compensated, and that the agent is legally obligated to act in the buyer’s best
interest.
Buying a home is a process not an event - there is a lot more involved than
finding a picture on the internet or going to open houses to
"look." Successful negotiations are based on trust,
confidentiality, and mutual respect. Buyers, you are entitled to
have a qualified broker/agent on your side to ensure you get the
representation you deserve and a written agreement is the first
step.
While any agent can call themselves a buyer's agent, an
ABR, Accredited Buyer's Representative has additional training and is part of a
network that continues to provide education and new tools for representing
buyers.
Before you start looking for a house find a qualified buyer
agent/broker who will listen to you and respect your needs; one who knows
the market in the area, knows how to negotiate, has a network of resources -
lenders, home inspectors, attorneys, movers, etc.; and who will educate you so
you can make the best decisions about your new home. Real estate is about
relationships so make sure you have an agent who knows and cares about your
well-being.
------------------------------------------------------------------------------
Marilyn Messenger is an Accredited Buyer's Representative
(ABR), Certified Residential Specialist (CRS) licensed real estate broker
associated with Andrew Mitchell and Company in Concord MA. She has been
representing home buyers in Sudbury, Maynard, Wayland, Stow, and the towns west
of Boston since 1993. If you are thinking about buying a home, contact Marilyn
at 508-596-3501.
