I just read an interesting post a real estate blog called Active Rain, on the private “Member Only” side. It was about a real estate agent bringing in an offer from a buyer and trying to get the listing agent to respond in a professional way.
This is certainly a common problem in many markets, fortunately here in Ann Arbor, it is the rare exception.
But in that post, the agent talks about trying to get the buyer to make a higher first offer. And out of about 50 responses, none of the regular real estate agents even questions that effort.
Now it is important to understand that every negotiation and every transaction is different. So there may be times when it is appropriate for a buyer’s agent to suggest a buyer make a higher initial offer. But, in today’s market, that situation is not the norm.
If you are a buyer and you have NEGOTIATING POWER in the form of OTHER OPTIONS, then your best strategy may be totally different than what all those regular real estate agents naturally want you to do.
I’m not going to reveal the details here because some other real estate agents in our market sometimes read my posts, but, DON’T EXPECT A TRADITIONAL REALTOR TO BE EFFECTIVE IN REPRESENTING YOUR INTERESTS. Most of them still FOCUSED ON SELLING YOU A HOME!
If you are looking to buy a home and you want a real estate company that will always be on your side, in your corner, and looking out for you, call us.
734-662-6240
Jon Boyd Broker/Manager
The Home Buyer’s Agent of Ann Arbor, Inc.
1908 W. Stadium Blvd.
Ann Arbor, MI 48103
We serve the Ann Arbor – Brighton – Plymouth – Novi – Canton – Ypsilanti areas in Southeastern Michigan.
And we can guarantee that you will never be stuck with designated agency, dual agency, or non-agency.