DUAL AGENCY IN THOMASVILLE, AND THE STATE OF GEORGIA

Friday, June 18, 2010

DUAL AGENCY IN THOMASVILLE, AND THE STATE OF GEORGIA

A listing agent of a property is working for the seller. If you happen to have the unfortunate luck to buy a home from the same agent that is listing the property that agent is working for the seller NOT YOU, so he/she is going to try and get as much for that seller as possible because the more they get for that property the more they make on the commission. And by having the same agent working the deal he/she makes the whole commission. A Win Win for the agent and Brokerage office and bad for the buyer. We will never know if he/she the buyer really got the best price for that home? Remember an agent in this position can not negotiate if they do they would be violating the license LAW. Negotiation is a big part of an agent’s job and if this portion is taken out from the equation the agents functions is merely a paper pusher. If you as a buyer do not mind having your agent function in this position by all means!

WHO BUILT THE HOME YOU ARE LOOKING TO BUY?

Will your next home be built and sold to you by a realtor? Look for a professional Builder. A professional builder is the only one that is dedicated to what they do and are on site from start to finish. A real estate agent or property appraiser is only interested in selling you that home he is not on the job site from start to finish because he is trying to sell homes. What type of quality construction do you think went into that home? And what homes do you think you are going to see first? Always ask who built the home and who are you buying the home from. You will be surprised to find out who built that home you are looking to buy! You would have to wonder who would warranty that new home.

A few realtors in town are building low end homes and having some of their associates steer potential buyers to those listings.

Remember:

To put this in perspective is like going to a FOOT DOCTOR to perform HEART SURGERY

Resale Value of Spec Homes in Thomasville, GA.

Caution: Some Real estate professionals and Real State Brokers like to use the word total square footage when listing a home. The word (Total Square Footage) is used when the listed properties square footage under heated & cooled is to small for the listed price. The total square footage of heated, cooled, garage, porches and decks are sometimes used to justify the price per square footage of that property. So you need to ask for the total heated & cooled square footage and divide by total price = price per sq. ft. The City and County Requires any addition or unfinished bonus rooms done after the home was built should have a permit. Example of misrepresented property by an agent in Thomasville, GA. Listed at 3,800 Sq. Ft. but public records has it for 3,200 Sq. Ft. Definitely something wrong with this picture.