We all know that choosing a Yamhill County Realtor to represent you during a real estate transaction is an important decision, but what is all the fuss about a Buyer’s Agent?
To start with, here is an overview of the main functions in the real estate industry:
- Listing and marketing property for a seller
- Assisting a buyer to find property
- Property Management for investment properties
- Property Appraisals
Appraisers have their own licensure as do property managers. One cannot do both or also be a real estate agent at the same time.
Historically, real estate agents represented only the seller who paid the commissions but they had ethical responsibilities to the buyer (disclosure, honesty, etc.). Traditionally, agents worked with buyers and sellers and often with both sides of a transaction.
Because of the increasing complexity of real estate, the greater demands on agents, and recognition that agents have become more sophisticated and able to take on more responsibility, real estate law changed in 2002. All agents had to increase their education and pass tests to become licensed as full brokers, not just agents of a Principal Broker.
It is for those same reasons that we believe there is an advantage to separate the responsibilities for representation of sellers and buyers.
Some states have made this a legal requirement. While we do not think this is necessary, we think it is a wise practice. Our team was named because we believe we can provide a distinct advantage for buyers by offering dedicated, focused, and expert services for buyers alone. There are almost 200 functions which can be identified as responsibilities for a real estate broker. That is too much for any one person!
The needs and services for a seller are radically different than those necessary for buyers.
We have seen too many cases where a seller’s agent ends up compromising the services a buyer needs and the reverse is also true. For example, a buyer’s agent is on-call virtually around the clock. He or she needs to take personal down-time when the demands are light. But the most common times one is needed are on weekends, evenings, and for several days – all day- when clients are in from out of town. In times like these, who takes care of all the responsibilities for a seller to meet advertising deadlines, set up showings and follow-up? If seller’s agents are serving a seller well, when can they drop everything and work with a buyer for 8 hours a day for 3 days?
We have the advantage of being Buyer Agent Specialists, but we also bring another advantage: team support. Although you will work exclusively with your own real estate broker, the members of our team assist one another to insure you receive uncompromised and uninterrupted service. Beyond that, Bella Casa Real Estate Group fosters a corporate culture of sharing. We all give and we all receive; we are all the richer for it and our clients enjoy the best service available.
For the really tough challenges, many unique to the property you may be interested in, we have an enviable depth of experience and industry memory. The McCreith Team would love to serve your real estate needs. Give us a call, an email, or just drop on by! We look forward to speaking with you!