Not Hiring a Buyer’s Agent Is a Big Mistake

Charlotte Real Estate Podcast with Dan Jones

A lot of people out there seem to think that if they don’t use an agent to help them buy their home, they will save a lot of money by not having to pay the agent’s commission. However, the reality of the situation is far from that. You won’t save a penny by not hiring an agent to help you buy a home. You see, when a seller puts a home up for sale, there is automatically a split commission that is set aside for both agents. If a buyer comes in without an agent, the listing agent usually ends up collecting two checks. This can lead to some awkward situations. “Not hiring a buyer’s agent is unwise.” Recently, we had a couple who were looking to buy a home and called up the listing agent whose number was on the yard sign.They ended up paying the full listing price for the home because they didn’t know that the home had been on the market for 150 days prior without any offers. This information wasn’t hidden from them, they just didn’t have quick access to that information like a buyer’s agent does. If you’re thinking about buying a home, there’s no reason to not hire a buyer’s agent. Their commission is covered by the seller and their expertise will help guide you to the best deal possible. Why wouldn’t you want someone looking out to make sure you get the best price, terms, and conditions possible? If you have any questions for us or need help buying or selling a home, give us a call or send us an email. We’d be happy to help.