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Frequently asked questions about buyer-agency and The Buyer's Agent of Asheville. Q: What is an exclusive buyer's agent?
A: An exclusive buyer's agent is an agent that takes no listings and never represents sellers in real estate transactions. Furthermore, he/she works for a firm that never takes listings or represents sellers. The agent and firm strictly represent the best interests of real estate purchasers.
Q: Why would an agent and/or agency choose to give up the listing side of the business?
A: In order to provide a higher level of service to a client without the conflict of interests that inevitably occurs when a firm represents both buyers and sellers.
Q: Are you licensed real estate agents and members of the National Association of REALTORS?
A: Yes. All of our agents are licensed real estate brokers in North Carolina and are members of both the National Association of REALTORS as well as the Asheville Board of REALTORS.
Q: How does your firm get paid?
A: Typically there are no additional costs associated with working with The Buyer's Agent of Asheville compared to any other real estate firm. All listed property (which makes up the vast majority of our local inventory) already has the agents commissions built into the price. These commissions are split between the listing firm and selling firm at closing. Sometimes though, when we help our buyers purchase for-sale-by-owner properties, we have to look to our buyers for our commission. But, in these cases our buyers are fully aware of the costs prior to making any written offer.
Q: Will you save me money on my transaction costs?
A: Absolutely. In fact, last year alone we saved our clients over $2,000,000.00. This averaged out to over $10,000 per transaction.
Q: How will you save me money on my transaction costs?
A: We save our clients money in several different ways:
- By negotiating a lower sales price
- By negotiating repairs pursuant to property inspections
- By negotiating personal property into the sales price
- By helping our clients find the lowest mortgage costs and negotiating sellers into paying closing costs
- By obtaining home warranties and other extras within the final sales price
- Any way other we can!
Q: Will I have to sign a contract with you to hire you as my agent?
A: In North Carolina, all real estate agents are considered agents of the seller unless there is a written buyer agency agreement between the buyer and the agent. Since The Buyer's Agent of Asheville works strictly with buyers, it is imperative that we avoid any potential seller representation. If you hire our firm, you will be asked to sign a contract that allows us to truly represent your best interests. It is a simple form that clearly outlines our fiduciary responsibilities to you as our client. There is also a clause in the contract that allows you to withdraw at anytime, so you should never feel as if you are “held hostage.”
Q: What areas do you serve?
A: Currently we work in the following areas:
- Buncombe County (Asheville)
- Henderson County (Hendersonville)
- Madison County (Mars Hill, Marshall)
- Transylvania County (Brevard)
- Haywood County (Waynesville)
Q: What types of properties and transactions do you handle?
A: Residential, commercial, land and acreage, investments, and multi-family.
Q: Do you have a website where I can learn more about your company and the Asheville real estate market?
A: Yes. You can view us on the web at www.AshevilleHomebuyer.com
Q: How do I get the process started with your firm?
A: The first step is to set up an appointment with one of our professionals. Our office can be contacted at:
Phone:
1.828.210.4663
Fax: 1.828.210.4664
Email: info@ashevillehomebuyer.com
Mail: The Buyer's Agent of Asheville
175 Weaverville Highway
Asheville, NC 28804
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