Finding a realtor can be hard. If you are just in the looking phase of the home-buying process, you may not want the pressure of a realtor constantly asking; is this the one? But you need to consider, what if you do find “the one” and don’t yet have a realtor relationship, who then do you call? The realtor whose name is listed on the property is the easiest route. In the real estate world we call this double-ending a deal.
I am here to tell you why, when you are searching for your dream home, working with a realtor who is double ending you, may be a bad thing; it even sounds bad, being double ended…
If you are working with a realtor to find your dream home, then they are acting as a buyer’s broker. Their job is to find you what you want and negotiate the best deal for you. On the other hand, the realtor who is trying to sell the house is looking for the best deal for their seller. Herein ries the problem of “double-ending”. If an agent must be honest with both parties, they need to remain nuetral, a nuetral realtor cannot negotiate to get you the best deal.
If you find yourself working with a realtor and you happen to fall in love with one of their houses, you don’t need to run away from your realtor. If you are uncomfortable with being double-ended, ask to be reffered to someone they know, that way they arent losing out on all the work they put into finding your perfect home. But if you are just driving around, don’t immediatly call the realtor on the sign because it is easy.