We are often surprised by some of the myths that both home buyers and sellers believe about real estate agents. They often misunderstand how we work, what we do for them, and what payment looks like. Keep reading to find out if you believe any of the five most common myths about real estate agents. If you are ready to start looking for a home, or to list your home for sale, call Berkshire Hathaway HomeServices at (310) 373-0021 to get started.
Myth: You Have to Stay with an Agent Once You Start Working with Them
If you are selling a home and you sign a contract with a real estate agent and their brokerage firm, your contract should have a term. This may be six months or a year. It may seem that you are stuck with that agent for that term, whether you like them or not. The truth is that if there is a specific reason that the relationship is not working out, the agent and / or their brokerage manager is likely to release you from the agreement.
If you are buying a home, then it is rare that you would be under contract. In fact, your agent will essentially work for free until they find you the right home. In some cases, that can take a year or even longer.
Myth: It’s Fine for a Buyer to Simple Work with the Home’s Seller’s Agent
Due to the fact that so many real estate listings can be found online, too often a buyer assumes that they can simply show up at an open house and buy the home they want without working with their own agent. This is mistake.
The fact is that the buyer’s agent, also known as the listing agent, is already working for the seller. Their concern is for what’s in the best option for the seller. They are not going to be able to give you unbiased advice or guidance that you would get from your own agent.
Myth: It Doesn’t Matter Much Which Agent You choose
You may think that one agent is just as good as another agent. This is false. Using the right local agent can save you time, save you money, and help you find the perfect home much earlier. Look for an agent who lives and works where you want to buy a home. Work with an agent who is passionate about the particular neighborhood you are moving to.
Were you guilty of believing any of these myths? You are not alone. To get more of the truth, contact Berkshire Hathaway HomeServices at (310) 373-0021 and start working with an experienced agent. We are standing by to help you find the right home for your budget, lifestyle, and preferences.