| 1. |
You
can obligate yourself to pay a licensee
a real estate commission if you purchase
a "For Sale By Owner" commonly
referred to as a "FSBO" or
"FIZZBO" by agents. Bob Northern
and Company, Realtors, waives this potential
problem in writing with the buyers they
work with. |
| 2. |
You
can lock yourself in to a long period
of time with an agent that is not actively
working for you. |
| 3. |
Unless
you have a Buyer-Broker agreement with
an agent, by law, the agent represents
the seller as a sub-agent of the listing
agreement during any negotiations with
the purchaser. |
| 4. |
When
you hire an agent to represent you,
you are hiring the real estate company,
not the agent himself. |
| 5. |
Most
agents are not in the position to make
the ultimate decision. Generally speaking
only the agent's broker has the authority
to make final decisions. |
| 6. |
Do
not accept verbal promises without them
being backed up in writing! |
7. |
If
you hire a large company to represent
you, you have a much greater chance
of the company representing both parties
in the transaction! |
8. |
Do
you want your Realtor's company to represent
both you and the seller you are buying
from? |
9. |
Do
you think they can represent both sides
equally without betraying your confidentially?
|
