When it comes to buying a home or property, who do you call to ask for help? Most people think that real estate agents are at your beck and call, but what they do not realize is that being a real estate agent is another story.
One client wondered why she got yelled at when she called an agent. She knew there was nothing wrong with asking for information regarding a home for sale. But clients should understand that there are certain rules and etiquette policies when dealing with real estate agents.
Do not be misguided but these agents enjoy working with people, however, there are customers who would cross the line at one point. To help you out, here are a few guidelines to remember when dealing with property representatives.
Best Practices When Dealing With Real Estate Agents
- They work on commission basis
You have to understand that only a few real estate agents work on a salary basis. Most of them work and paid on commission– if they fail to close a deal, they don’t get paid. Remember that these agents do not work for free. So better make sure that you really need a real estate agent before you start looking for one.
- Always be on time
For real estate agents, time is money. Be considerate and always be on time when you have an appointment with them. Do not expect these agents to drop everything and show you a house. If you are running late, at least be courteous enough to call and advise of your expected time to arrive.
- Pick a real estate professional
Make a decision whether you wish to work without representation, transact directly with listing representatives, or if you wish to employ your personal representative. If you make a decision to employ your personal representative, be sure to meet with them prior to hiring them. According to a buyers agent, never try to interview two professionals in the same company.
- Do not call the listing representative if you are dealing with a purchasing representative
Listing representatives help the vendor, not the customer. If you work with the listing representative to represent you, that representative will certainly be working on two agencies. If a listing representative shows you the house, expect that they will represent you. Listing representatives do not intend to do the buyers agents’ work. Let your buyers’ agent do the work.
- Sign a contract or agreement prior to working with a real estate agent
Full Potential Real Estate, LLC, suggests signing an agreement to safeguard both parties. It develops a connection between you as well as the representative. This agreement also clarifies the responsibilities of each party. Do not forget to inquire about the distinction between an Exclusive and Non-Exclusive Purchaser’s Broker Arrangement.
If you are not all set to authorize with a buyer’s broker, do not ask that representative to show you houses, or else, an acquiring clause could appear.
- Never authorize forms you do not understand
Do not ever think that it is foolish to ask questions. It is the real estate representative’s duty to answer questions. It is natural that they can easily understand what’s written in forms, but to you, it may seem unfamiliar.
One piece of advice from professionals, never sign contracts or agreements that you have not read nor understood.
- Be prepared to buy
If you typically are not all set to buy, you do not require a real estate agent. You can just go to open houses and ask a listing representative for showings. Let them know instantly that you still on the lookout for a new home.
Just in case, you can bring your checkbook with you, just in case a down payment is needed.
If you are looking for honest and reliable real estate agents, always call Full Potential Real Estate, LLC in Myrtle Beach.
Full Potential Real Estate, LLC
Myrtle Beach, SC 29577