Are you considering purchasing a Newport Beach home for sale? If you are, there are many reasons why you should have your own buyer representation. Do you think by going to the listing agent you will be saving money? If that is the case, then think again! Buying a Newport Beach home for sale may be your single largest investment ever, and having your representation is paramount.
It is essential that you have your own buyer representation to help you navigate through the home buying process. It can be very complex with many steps, and your Newport Beach buyer's agent will help you with your own representation.
What if you were in the middle of some type of legal dispute? Would you use the same attorney as the opposing side?
First, the Listing Agent has the contract with the seller, and therefore the Listing Agent's fidicuary responsiblity is to the seller. The seller is the one who is compensating the listing agent. And keep in mind that relationship between the Listing Agent and the seller existed before you the "buyer" came along.buying a
If you think you are going to save money by directly going to the Listing Agent, you might want to reconsider that thought. The commission is set at the time the listing agreement is signed. What does that mean to you - then the Listing Agent will "double end" or get paid on both sides of the transaction.
Second, having your own buyer representation means that your buyer’s agent has their fidicuary responsibility to the buyer. The Newport Beach buyer's agent will negotiate in your behalf, ensure that you are paying Fair Market Value for the property.
Also, as a buyer you will not be aware of the relationship between the Seller and the Listing agent, or even if the Listing agent
The Message to Buyers is Clear
Agents all across the country agree that having your own buyers agent is critical when buying a home:
Atlanta | Charlotte | Las Vegas | Los Angeles | Nashville | Portland OR | Wellington FL
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