What is a buyer’s broker?
Why do I need a buyer’s broker?
How is this different from the traditional way of buying a home?
Can a buyer’s broker show me any property that is for sale?
What if I wanted to make an offer on one of Southern Winds Realty’s listings?
A. This is an important question! The State of North Carolina calls this “Dual Agency” and permits the agent with full disclosure to represent both parties. Southern Winds Realty however, believes “Dual Agency” can be a questionable practice. Can an agent represent two parties in the same transaction? Although the law says in this case there is “Dual Agency,” Southern Winds Realty has taken steps to ensure both buyer and seller are treated fairly.
Therefore, it is our policy that when viewing one of our properties, the agent acts like a facilitator, meaning that while we still present all the facts such as market reports, homes sold in the area etc., we will just be unable to disclose anything of a personal nature about the sellers. (Ex. divorce, financial difficulties etc.) Likewise, we still notify the sellers that you will be able to secure a loan; however, we will not disclose specifics in regard to amount. Our sellers are advised of this in the listing agreement. In addition, we reduce our fees by 50% to the seller.
In essence, both the seller and the buyer benefit from this arrangement. However, if at any time our seller or buyer does not feel comfortable during the transaction, we will arrange for representation with another agent. Keep in mind that with over 25,000 property listings in the Charlotte region, the chances of this happening are slim. Southern Winds Realty would only show you one of our listing, if it met your criteria in price, features and location.
Why shouldn’t I represent myself, and deal directly with the seller’s (listing) agent?
What will it cost me to use a buyer’s broker?
Why should I consider Southern Winds Realty as my buyer’s broker?
A. Southern Winds Realty’s reputation and integrity is more important than any sale or commission amount. Our philosophy is to keep you as a client forever… which means we must earn your trust and keep it. Through the years we want you to think of us first when it comes to recommending family, coworkers and friends. We have grown through this success and are committed to it.
The decision to look for a home can invite an array of emotions: excitement, inspiration… anxiety. Knowledge is the best weapon against the potential stress of house-hunting. Gathering the right information allows you to ultimately make the most sound and informed choice.
As the home buyer’s advocate, Southern Winds Realty assures that all your needs will be met and all your questions answered. Southern Winds Realty serves to protect your interests and, ultimately, save you money. Consequently, www.southernwinds.com wants to provide you a wealth of information on the home buying process. This resource will constantly change, so please be sure to check back periodically for up-to-the minute information.