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About Appraisals >Best Interests of the Buyer
Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent. In this case, known as "dual agent representation," the real estate agent assists both the sellers and the buyers. However, it is also possible for the buyers to ask another realtor to represent their interests exclusively, acting as the "buyer's agent," a service which is available at no additional cost to the homebuyer.
Any licensed real estate agent can act as your buyer's agent, helping you to locate and look at properties in your price range. However, if that real estate agent works for the same brokerage that is listing a particular property, dual agency or designated agent rules will then apply. The buyer's agent will advise the buyer if issues arise such as termite damage or significant material defects appearing on the home inspection report. If the home appraisal comes in at less than the asking price, the agent will represent the buyer's interest, working with the seller and the lender to negotiate a satisfactory resolution.
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What acclaimed house built of stone, concrete, and glass is built over a waterfall?
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Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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 See More Real Estate Trivia > |
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John Holmes
Keller Williams Fairfax Gateway
12700 Fairlakes Circle, #120
Fairfax, VA. 22033
Phone: 703-906-5494
Fax: 703-222-4181
Email: johnholmes@NUMBER1EXPERT.com
I have been in the Real Estate business for 20 years, working for one of the largest Canadian builders, selling Condo's, Single Family, and Townhomes. Than for seven years I ran real estate developments for the Nations Largest Builder. In 2004 I became the # 1 New Homes Agent in the US with 175 settled homes in one year. So I have had a vast life long experience of building, marketing and selling Homes. Let me put this to work for you!  
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