Copyright 2005-2007 All Rights Reserved Charles E. Marunde & FreeRealEstateLaw.com
Buying a Listed Property in Sequim and Port Angeles
You're in the market for a home. You've searched the classifieds, you've been on the Internet, and you've driven hundreds of miles looking and looking (expensive at these gas prices). You see a house that is listed by a Realtor. Here is the inside scoop or the intelligent way to deal with this Realtor and/or listing.
You certainly could call the listing Realtor. He would love it if you did, and this could work out nicely. But remember what we said about finding the right Realtor. Just because a Realtor has a listing you might want to own does not mean that Realtor has the credentials you need to get the best price and the best terms. Review Finding the Right Realtor here. By the way, if you are strongly adverse to working with a Realtor, because you once got burned by a dishonest or unethical one, recognize that if you buy a listed property, the listing Realtor is probably going to end up being your agent, if not formally then informally. It may not be the best representation for you, because that agent would be a dual agent or if you absolutely insisted on representing yourself (sort of a legal fiction in this scenario), then you give the listing agent full license to represent the seller against your best interest to the 100th percentile.
Find a Realtor who does qualify to represent you, and work through him to get the best possible price and terms on your transaction. Your Realtor costs you nothing, because he gets paid part of the commission paid by the seller. Isn't that great?
Check out my real estate website, which gives you more information and help than you'll get on any other local website, and where you can do specific property searches. You can also call me, Chuck Marunde, 360-457-4587.