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Rick Tourgee's Provincetown Real Estate Blog

The main purpose of my Provincetown Real Estate Blog is to provide fresh, up to date information on real estate issues here in Provincetown, Truro, Wellfleet and surrounding Cape Cod communities.

Provincetown real estate: Who do you want representing you in a real estate purchase?
Attention anyone and everyone looking to buy real estate: I wrote a post here in my blog about a year ago about Buyer Representation and how valuable it is when looking to purchase real estate. I had a few potential Buyers share their initial impressions about how they “viewed” looking for an Agent or Agency when looking to purchase. Much to my surprise, they initially felt they should work with an Agency that has the highest number of listings. That is totally false and shows consumers need a better education on Agency Representation.

I was delighted to explain Buyer representation and how it provides significant value to the Buyer- regardless of the number of listings I have or my company has listed. As an Accredited Buyer Representative (ABR), I have a duty to look after my Buyers best interest above my own interest. I am able to show Buyers any listings for sale in the State of Massachusetts, regardless of who the property is listed with. Thus, it does not matter how many listings I have under my name, since I can show and sell all listings. I can share all of the positive and negative attributes about a property. I can give my opinion about the price- whether it is over priced or a terrific value.

If a Buyer works with an Agent that has the listing, the Agent might be working as a Dual Agent where as the Agent works for both parties, giving equal treatment and equal market information. Or depending on the model which the Agency has set up, the Agent could be working for the Seller.

If I were a Buyer, I would would want someone working for me, exclusively. I would not want to wonder whether an Agent is looking out for their own interest above my own.

Think about this long and hard prior to working with an Agent. Be sure to know the facts and not the myths!

Please feel free to call me anytime at 508-237-4632 or e-mail me at Rick.Tourgee@Century21.com should you wish to discuss in more detail!

Published Sunday, February 08, 2009 8:15 AM by Rick Tourgee

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