How To Choose An Agent

Since a real estate agent can play a significant role in your home purchase, selecting the right realtor cannot be overstated. A real estate agent can determine the number of homes you view, the real estate guidance you receive, the price you pay, and the quality of homes you view.

Because there are different kinds of agents, buyers need to determine the right type of agent for them.

EXCLUSIVE BUYER’S AGENCY – (100% FOR BUYERS): This is the type of agent you want ... if you can find one. Unlike listing agents, an exclusive buyer's agent will indiscriminately search for properties listed with all companies and negotiate only on behalf of the homebuyer to get the lowest price possible.

EXCLUSIVE SELLER’S AGENCY – (100% FOR SELLER): When an agent advertises a home for sale, the agent is working 100% for the seller.

DESIGNATED (MIXED) AGENCY – (50/50 DEAL MAKERS): Most real estate companies today are "deal makers." These firms work for both seller and buyer which could bring about conflict of interests and, in such cases, the buyer assumes the most risk.

The best type of agent for a buyer is the exclusive buyer's agent.

Ferreira Realty & Associates