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So If I Want To Go See A House, I Have To Commit To A Long Term Agreement An Agent I Barely Know? |
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It is a fair question... if you're just getting started on searching for a house, do you really have to sign a long term agreement with an agent when you might not have even met them yet!?! The answer is no... on the "long term" part of the question. Yes, home buyers now have to sign a buyer brokerage agreement before touring a house. The buyer brokerage agreement will outline what services will be provided, how long those services will be provided, and any associated fees. The agreement outlines the working relationship between buyer and agent. But if you're just getting started on your home search, you might not be ready to sign on to a long term relationship with an agent you haven't even (or have just) met. So, remember that... It doesn't have to be a six month agreement for the agent to represent you in the purchase of any house in Harrisonburg and Rockingham County. The signed buyer brokerage agreement could be a 30 day agreement for the agent to represent you in the purchase of any house in Harrisonburg or Rockingham County. Or, the signed buyer brokerage agreement could be a 30 day agreement for the agent to represent you in the purchase of the house located at 123 Main Street, which is the first house you would like to tour. If you are getting ready to buy a house... 1. You might be ready to sign on to a long term agreement with an agent to represent you in your home purchase, perhaps because you already know the agent, have worked with them before, or have heard great things about them from your friends. ...or... 2. You might not be ready to sign on to a long term agreement with an agent to represent you in your home purchase, perhaps because you have yet to meet the agent with whom you hope to have represent you in your home search process. Don't get overwhelmed with the perceived need to commit up front to a broad and long lasting relationship with someone you have only recently met. (It seems this probably applies to both home buying and life in general.) Chat with the agent whom you hope to have represent you in your home purchase and work towards terms of a buyer brokerage agreement that are comfortable for you. Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
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Commonwealth of Virginia
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