Main Line Homes Blog

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Tuesday's phone call

Tuesday's phone call

Nick: Hello, this is Nick

Caller: I am calling about your listing on M....view Rd

Nick: That is not my listing but I can help you.

Caller: But I clicked call agent, who are you?

Nick: I am an agent and can represent you as a buyers agent.

Caller: But I want to talk to the listing agent. So you are not the listing agent.

Nick: You realize the listing agent represents the seller, and has no duty to you as a buyer only to their seller.

Caller: I'm not stupid. Ends call.

Ethics

 

Why you need a buyer agent representing you

When buying a Tredyffrin Easttown home, you need a local experienced Tredyffrin Easttown Realtor to represent you. This Realtor has a fiduciary duty, that is the highest level of care you can have, putting your interests ahead of everyone else, including their own.  Most real estate transactions go smoothly even so they are still stressful and often the agents involved keep a transaction on track because of their actions. But when a transaction goes wrong it is hell. There can be lawsuits for everyone involved. Lawyers never understand agents who act as dual agents and explain it as would you use your spouses divorce attorney to represent you as well? How would you know whose interest the agent is putting first? You as a buyer, the seller or themselves?

We have represented many sellers and buyers in Tredyffrin Easttown real estate transactions but never at the same time. Our duty is to the person we represent. As a buyer we put your interests first, making sure your finanaces are protected, negotitation helps you acheive your goals, and that the seller is fufilling their duties and keeping you within the time lines laid out in the agreement of sale so their is no breach of contract. We are consultants, advisors but mostly we are there to support you and make sure your goal is acheived. As such we get paid a success fee, paid by the seller usually, but if you decide to buy a For Sale by Owner property where the owner is not offering compensation, we can structure the offer in such a way that our fee is covered by the seller as a seller assist.

If you have questions about buyer represntation in Tredyffrin Easttown area we are happy to meet and answer them and discuss your needs and goals.

If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you,  contact us or connect

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Comment balloon 8 commentsNick & Trudy Vandekar, 610-203-4543 • February 08 2017 03:52PM

Comments

Wow Nick & Trudy Vandekar, It is so important that people have buyers agent.  Interesting call.  Make it a good day.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) over 1 year ago

Will Hamm she was so angry with me as well, but she called me and it was my fault I was not the listing agent.

Posted by Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) over 1 year ago

Nick & Trudy Vandekar - Your telephone call was a great example of what buyers do when calling about a listing. They really do have to be educated and you were telling her the truth. That buyer shot herself in the foot and will continue to do so without buyer representation. 

Posted by Patricia Feager, Selling Homes Changing Lives (DFW FINE PROPERTIES) over 1 year ago

Some people think they know it all and that is why the caller hung up

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) over 1 year ago

Nick,

Great example.  My line was I know where all the bones are buried,  In another words, I have better and more info than anyone else.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 1 year ago

Oh my goodness... you know, Nick and Trudy, you just can't fix stupid at the end of the day!

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (RE/MAX Executive | Charlotte, NC) over 1 year ago

I get calls like that everyday Nick & Trudy. Buyers are looking for the listing agent to work out a deal with the seller & don't realize their need for representation. 

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) over 1 year ago

Patricia Feager the problem is when they think they know, but they really don't.

William Feela exactly 

Ron & Aleaxandra Seigel in many cases we do.

Nina Hollander I love your graphic, very true.

Debe Maxwell they also don't listen, and take offense when you try to explain to them their need of protection.

Posted by Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) over 1 year ago

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