Straight Talk About Real Estate

Does it matter who my agent is just as long as he finds me the house I want?

Absolutely, it matters!

Your agent has a fiduciary relationship with you, there to protect your interests. If your agent is not knowledgeable or negligent of the details in a transaction, you will lose. Finding the house is merely 5% of the purchasing process.

I know of a buyer who found out after closing that there were defects in the house not disclosed by the seller. She called her agent repeatly. Needless the say, the agent did not return her call. She finally got a hold of the broker of the company, and found that her “agent” did not have a real estate license. She was never given the required Real Estate Transfer Disclosure Statement, never saw a copy of her inspection report, and simply thought that once she found the house she wanted, everything would be fine. Being a first time buyer, she didn’t even know what questions to ask.

She filed a complaint with the Department of Real Estate against the company. She is now being sued by the broker for libel because she told her friends to avoid this company. Can you believe that?

Buying a home is probably your biggest financial investment. Who your agent is matters.