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who do I contact to see a home?

  • May 27 2010 - Mesa
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Answers (7)

Dear Kjinny:

You may contact the listing agent, but that person is representing the seller. If you use your own agent representing you as the buyers agent, that agent is loooking out for you. The Arizona Department of Real Estate publishes a Buyers Guide that will answer all of your questions. A Realtor can providet this for you or go directly to the Arizona Department of Real Estate.

Regards, Jeff

Jeff Masich, Realtor
HomeSmart Realty
Scottsdale
  • May 28 2010
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Thank you for your question.

Whn buying real estate, you may have several choices as to how you want a real estate firm and its agents to work with you. For example, you may want them to represent only you (as a buyer's agent). You may be willing for them to represent both you and the seller at the same time (as a dual agent). Or you may agree to let them represent only the seller (seller's agent or subagent). Some agents will offer you a choice of these services. Others may not.  I do!

Buyer's Agent

Duties to Buyer:

If the real estate firm and its agents represent you, they must, promote your best interests, be loyal to you, follow your lawful instructions, provide you with all material facts that could influence your decisions, use reasonable skill, care and diligence, and, account for all monies they handle for you. Once you have agreed (either orally or in writing) for the firm and its agents to be your buyer's agent, they may not give any confidential information about you to sellers or their agents without your permission. But until you make this agreement with your buyer's agent, you should avoid telling the agent anything you would not want a seller to know.

Unwritten agreements:

To make sure that you and the real estate firm have a clear understanding of what you relationship will be and what the firm will do for you, you may want to have a written agreement. However, some firms may be willing to represent and assist you for a time as a buyer's agent without a written agreement. But if you decide to make an offer to purchase a particular property, the agent must obtain a written agency agreement. If you do not sign it, the agent can no longer represent and assist you and is no longer required to keep information about you confidential. Furthermore, if you later purchase the property through another agent with another firm, the agent who first showed you the property may seek compensation from the other firm.

Be sure to read and understand any agency agreement before you sign it.

Service and Compensation:

Whether you have a written or unwritten agreement, a buyer's agent will perform a number of services for you. These may include helping you, find a suitable property, arrange financing, learn more about the property and, otherwise promote your best interests. If you have a written agency agreement, the agent can also help you prepare and submit a written offer to the seller.

A buyer's agent can be compensated in different ways. For example, you can pay the agent out of your own pocket. Or the agent may seek compensation from the seller or listing agent first, but require you to pay if the listing agent refuses. Whatever the case, be sure your compensation arrangement with your buyer's agent is spelled out in a buyer agency agreement before you make an offer to purchase a property and that you carefully read and understand the compensation provision.

DUAL AGENTS

You may even permit the listing firm and its agents to represent you and the buyer at the same time. This "dual agency relationship" is most likely to happen if an agent with your listing firm is working as a buyer's agent with someone who wants to purchase your property. If this occurs and you have not already agreed to a dual agency relationship in your listing agreement, your listing agent will ask you to sign a separate agreement or document permitting the agent to act as agent for both you and the buyer.

It may be difficult for a dual agent to advance the interests of both the buyer and seller. Nevertheless, a dual agent must treat both buyers and sellers fairly and equally. Although the dual agent owes them the same duties, buyers and sellers can prohibit dual agents from divulging certain confidential information about them to the other party.

Some firms also offer a form of dual agency called "designated agency" where one agent in the firm represents the seller and another agent represents the buyer. This option (when available) may allow each "designated agent" to more fully represent each party.

If you choose the "dual agency" option, remember that since the dual agent's loyalty is divided between parties with competing interests, it is especially important that you have a clear understanding of, what your relationship is with the dual agent and, what the agent will be doing for you in the transaction.

For more information on agency please go to my website: http://www.alysiamaher.com or email me at alysia@alysiamaher.com

Again, thank you for your question.

Alysia

  • May 28 2010
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Any Realtor from any company can show you any home you want to see.
  • May 28 2010
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The listing agent of the property for sale, a buyer agent or facilitor are ALL capable and licensed to show you a home.  But without seeming biased, the fact is only the buyer agent will protect your interests and provide you with fair representation.  Unfortunately the other two types of agents are limited by their roles in providing a buyer with full disclosure.  The listing agent represents the best interests of the seller. The facilitator is not able to disclose. 

All types of agents must provide you with material facts (for example the roof needs repair or there was some water damage in the basement) however the buyer agent who's role it is to protect your interests, will further investigate the matter and discover perhaps yes the roof needs repair but because of recent rain there was damage to the walls which although not visible needs repair. Costs may be discovered which may be used in negotiations or change your decision all together.

The Buyer Agent protects your interests by managing the process and ALL of the professionals involved in the sale. As well they ensure the physical infrastructure of the home is solid and for condos that the "virtual infrasturcture" such as condo docs, minutes and budget information is sound. 

Make certain to interview your buyer agent before committing to them. They will be interviewing you as well so talk about what obligations are expected. If you engage in a formal or exclusive committment with all the better you know they will be working only for you. But know your exit strategy if it is not working for you!

  • May 27 2010
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Contacting a Real Estate agent that will represent you is in your best interest. A good agent can research the home, arrange for visits and provide you with all the information you need to make a educated decision.  There are many factors to consider, location, price, condition, type of transaction, etc.  Real Estate has become more complicated in the last few years.  A good agent will help you avoid problems.

I will be more than happy to help you find the best home for you.

Joseph Domino
REALTOR®, CSSN
HomeSmart

[contact info removed by moderator]




 

  • May 27 2010
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You should never use the listing agent for the purchase of a home. Their loyalty falls with the seller and you will not get someone who will fight for you or your interests. The only thing a listing agent has to be to a buyer is honest and fair but to the seller they must watch out for their financial interests and get them the most money possible.
  • May 27 2010
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If you want to purchase the home, contact your real estate agent.  Some buyers feel more comfortable using a buyers agent who is different from the the listing agent thus avoiding dual agency, otherwise contact the listing agent.

Do not call different agents as this will only cause confusion by having different agent competing for your business.  From a Realtor's point of view if you shop around for multiple agents you most likely have no loyalty for someone that is helping you, how do you expect real results?

I hope this helps.
  • May 27 2010
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