Buyer representation when buing a home in Charleston

Posted By Marshall Walker @ Jan 3rd 2010 3:00pm In: General

I just wanted to remind you that purchasing a home through the listing agent can leave a lot to be desired, you will not be adequately represented as the sellers agent will be representing the seller (first and foremost) through his brokerage.

  Lets be blunt though - many buyers feel that if they buy direct through the list agent that they will get a better deal - right? Perhaps...but many list agents will jump at the chance to make a double commission...in fact most brokerages will refuse to lower their commissions if they are representing both buyer and seller. ( keep in mind that the brokerage may have enormous liabilities in a dual agency sale)

  Second thing to remember that in a dual agency transaction the list agent actually represents both parties in a diminished capacity as SC State law says that the agent can no longer advise either party in a way that will benefit one over the other. (less work- more pay) However this means asking the seller prior to presenting an offer for the permission to represent both parties - basically withdrawing some of his representation and asking for more pay.  

So - remember - most sellers have already agreed to pay a buyers agents commissions in a transaction - it makes little sense to allow yourself to be self represented in the biggest purchase that you will ever make....

Call me for a buyers consultation today!   I represent home buyers when working for you, not home sellers.

Contact me if I can be of assistance or if you would like to view any homes for sale.

 

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2072 ROOKERY LN
2912256 - Residential
Charleston, SC

Dream Pool Home with TRUE Gourmet Chef's Kitchen including granite counters, custom backsplash, stainless steel and gas appliances!! Open floor plan with 2 master bedroom suites,lots of living and entertaining space, hardwood floors, natural gas plumbed fireplace and amazing front porch. Beautiful molding throughout the home including custom built ins, wainscoting and crown molding. Fully fenced in backyard that is landscaped and hardscaped including a custom in-ground salt sport pool by Atkinson, flagstone decking, custom built pergola and firepit. Home backs up to the beautiful Charleston greenway with over 7 miles of walking and biking trail. Enjoy the neighborhood day dock for shrimping and crabbing. The large garage has ample room for the true woodworker or hobbiest! This home is a must see in a quaint, quiet and custom built neighborhood that is close to lots of amenities. Hits the dream list HUGE kitchen, HUGE backyard, HUGE garage.


 


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