One thing that both buyer and seller need to completely understand before moving forward with any dual agency transaction is that the dual agent does not represent either party’s interests. Having one agent handling every part of your home purchase or sale can sound like a dream, but it absolutely comes with some serious downsides. Since the agent is the fulcrum on which the entire transaction depends, they have a major incentive to make sure both buyer and seller keep up to date on any changes during negotiations and are fully prepared for closing. The agent working on your case is the point of contact for anything and everything, and this makes it very easy to stay in the loop.
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Out of all aspects of a dual agency situation, the biggest plus is how communication is about as simple as it can get. The long and short of this type of transaction is that the agent is there to ensure that the transaction successfully closes with all of the paperwork and legal requirements fulfilled, not to sell anyone on a specific deal. In the case of dual agency, one agent is acting less as a representative of either party and more as a facilitator of the real estate transaction.
Traditionally, both the buyer and seller will either represent themselves or hire a qualified and experienced real estate agent to represent them in communication and negotiation with the other party. Let’s open our eyes to other possible routes to closing on our next real estate purchase or sale by seeing what buyers and sellers in Charlotte should know about dual agency. We’re excited to work with you! Give me a call at 704.326.7220 or dive into the resources we have on this site.There’s certainly more than one way to complete a real estate transaction, and each party hiring an agent may not always be the ideal situation for everyone. Avoid costly mistakes that can pop up with difficult transactions.Save time worrying about your purchase or sale so you can keep enjoying your life.When you work with Purple Tree Homes we promise to help you… If you’re buying a home or Charlotte area property Purple Tree Homes has the experience you need to help make the buying process easier, less time consuming, and we’re on your side to help make sure you get the best deal while we worry about all of the details.Įither way, countless local home owners and investors trust Purple Tree Homes to help them wade through the real estate buying and selling process while keeping more cash in your pocket and helping you save the time and headache of working with less experienced brokers.
If you’re looking to sell your Charlotte house Purple Tree Homes can help you sell your house for the highest price, making it effortless for you on your terms. National Association of RealtorsĬomparing Real Estate Agents in Charlotte? Here’s How Purple Tree Homes Focuses On A Better Home Buying & Selling Experience.īuying or selling a property in Charlotte? Excellent!Īs you know there are lots of options when it comes to real estate agents in Charlotte, North Carolina and you’ve got a decision to make. 90% of home buyers searched online at some point during their home buying process.
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