{"id":67,"date":"2014-06-03T10:20:00","date_gmt":"2014-06-03T10:20:00","guid":{"rendered":"http:\/\/dev.gahomesdigest.com\/blog\/should-i-use-listing-agent-to-buy-a-house.html"},"modified":"2014-06-03T10:20:00","modified_gmt":"2014-06-03T10:20:00","slug":"should-i-use-listing-agent-to-buy-a-house","status":"publish","type":"post","link":"https:\/\/search4.homes\/should-i-use-listing-agent-to-buy-a-house\/","title":{"rendered":"Should I Use Listing Agent To Buy A House?"},"content":{"rendered":"

Should I Use Listing Agent To Buy A House?<\/h1>\n

\"ShouldWhen the market shifts like it has and inventory becomes low or when a buyer thinks they might get some sort of advantage, financial or strategic, they ask,\u00a0Should I Use Listing Agent To Buy A House<\/strong>? \u00a0This is definitely a yes or no question. \u00a0Instead of giving you an answer, if you are seeking this question, chances are good you’re trying to validate your reason for or against it anyway. \u00a0 Here’s some questions and thoughts to answer the question of\u00a0Should I Use Listing Agent To Buy A House?<\/p>\n

    \n
  1. Is it possible the listing agent to get the highest possible price on the home, while at the same time get you the lowest possible price?<\/strong>\u00a0\u00a0– \u00a0The listing agent’s job is to sell the home for the most money possible (one exception may be a short sale). \u00a0 Can they maintain a fiduciary responsibility<\/a> to both seller and buyer with this goal in mind?<\/li>\n
  2. What happens to the commission?<\/strong>\u00a0\u00a0A listing agent is often paid an amount then splits that amount with a buyer’s representative. \u00a0If a buyer decides to go direct to the listing agent, what happens to the commission. \u00a0In some cases, a listing agent cannot change the amount. For example on some short sales and bank owned homes the commission just goes back to the bank, negating the potential rebate to clients.<\/li>\n
  3. How much do you care about paperwork, contingencies, etc?<\/strong>\u00a0\u00a0– A listing agent’s job it to represent the seller first and foremost. \u00a0Most states require that the default of a “dual agent” be to the seller. \u00a0 Are you capable of knowing all the contingencies in a real estate transaction and do not need to rely on a listing agent violating their legal responsibility to watch out for the seller’s best interest?<\/li>\n
  4. Who protects\/fights for the earnest money?<\/strong>\u00a0– In a real estate transaction that fails to close, there’s usually an earnest money dispute or disbursement. \u00a0The agents in Georgia are usually tasked for building the initial case for who gets the money. \u00a0So can the listing agent fight for you just as hard as they can fight for the seller, who they represent.<\/li>\n<\/ol>\n

    Although the allure of the inside track is enticing, ultimately the listing agent is forced to be a double agent. \u00a0 So the answer of\u00a0Should I Use Listing Agent To Buy A House?, is a resounding no. \u00a0That’s why we have a team of agents so we can represent you buying a home and selling a home without crossing the line.<\/p>\n

    Related Real Estate Resources:<\/strong><\/p>\n