The 2 ½ Ways of Choosing An Agent

Door #1

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Let’s face it; the residential home buying business is a confusing one for the consumer. Most home buyers start at their computer and look at photos of homes, reading the glowing descriptions and they know, deep down, that they shouldn’t be buying into the hype, but it is oooohh so tempting. There is that perfect 3 bedroom with the new kitchen at just the right price. And there is a phone number to call.

Did you know you are choosing an agent?

Call that number and you have selected :

Door number 1: The Listing Agent or Their Co-Worker

Just a heads up, that agent has an agreement with the seller requiring him or her to do the very best they can to get the best deal for them (not you). But in most cases, that agreement says that if the agent also brings YOU, the buyer, they get paid twice as much.

But let’s say you have read somewhere that you do not want that listing agent, so when you call the number on the sign or the website, you say, “I want to choose my own agent”. Will they do that for you? OF COURSE. The company still gets the full commission and they will refer you to a person in the office to be your agent. Might be the junior person where they get a bigger percentage of her take or it might be whoever is “on the desk” that day. Now that person will be your agent to negotiate against the listing agent, who may well be a big producer in that office with a lot of clout and experience. They might even share an office space or an assistant.

Gee, I wonder if that might have an impact on the deal you are able to strike?

Door-2

Door #2

So maybe you decide that’s not for you, and you start the home buying process by researching AGENTS rather than houses, and looking for agents that have a reputation for doing a good job for buyers.

Smart move!

You have selected:

Door number 2: Your Own Agent

Excellent choice. Now you get an obligation to treat you with a fiduciary duty—the highest standard—as if they were buying for themselves. In most cases, you are not obligated to pay the agent anything—the commission is built into the price already and is the same one that listing agent was going to take home as an extra bonus if you used him or her. Expect this agent to make you feel like they care about the result, not just their commission.BUT WAIT, is there yet another way?

Door #2 ½

door

So what is the extra half step you can take to select an agent to help you buy a home? It is when you select a buyer’s agent who never represents both sides of the deal,
called an Specialized Buyers Agent.

BINGO: You have selected Door number 2 ½: A Buyers Agent with no Conflicts of Interest

This is a special type of buyer’s agent. Sage Realty is a specialized agency.We only represent one side of any transaction. After many years of only representing buyers, we had clients ready to move on who wanted our help. We decided to list homes for past and present clients. After all those years of focusing on all the nuances of buyer representation; the lender quagmire, builder reputations, inspectors with no training, contract pitfalls, school rankings, etc. etc. etc, we not only offer high quality buyer representation we also bring a special perspective to selling. As a buyers agent we ferret out all the good houses, advise you on the best ways to make offers, inspect the home critically and are tenacious in getting you the right contract terms. But we never represent buyers looking at our listings (or sellers where we are bringing the buyer). No conflicts of interest in our office. None.
At Sage you are guaranteed personalized service. We are looking for the best way to serve you. If you are buying, selling or both. Take the extra half step and

Contact Sage, The Main Line’s Specialized Buyers Agency.

“Listing and buyers agents can set up house tours, but unlike the listing agent who represents the seller, a buyer’s agent protects the buyer’s interests during the crucial negotiating and closing process. The agent bargains with the seller on the selling price, facilitates the home inspection, negotiates contingencies and assists the buyer through the closing paperwork. Shopping without a buyer’s agent is a little like grilling tenderloin without a meat thermometer; you might not know there’s a problem until you’re sitting at the table.” HGTV Frontdoor.com

 

“It is your responsibility to search for an agent who will represent your interests in the real estate transaction. If you want someone to represent only your interests, consider hiring an ‘exclusive buyer’s agent’, who will be working for you.”
U.S. Dept. of Housing & Urban Development Home Loan Booklet

Featured Listings

Character, opportunity and an incredible location.
$595,000
562 Hilaire Road
Wayne, PA 19087
MLS# 7027172

 

For more information contact Sage

Search for other Main Line Homes

 

 

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.