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I am looking to buy a house in the North - Northeast Wake county area (North Raleigh, Wake Forest, Rolesville, Knightdale) and am looking for an Exclusive Buyer's Agent. I bought my current home using a Buyer's Agent and it was a MUCH better experience all around than previous real estate purchases. Unfortunately, she no longer lives in Wake so I need to find someone who knows this area, is patient, kind, long suffering who I can trust to look out for my interest (as opposed to a dual agent who really works for the seller first). I am looking for a split bedroom ranch which is not as easy to find so I might need to go the new construction route so preferably an agent who has some experience in both resales and construction.
Any advice, experiences, suggestions greatly appreciated! If you know of any communities that have ranch style houses ($250-350K range), please let me know. Other than Heritage, which I just did not really like. The $1200 'initiation' fee for pool plus $800 annual just turned me off totally.
1. Perhaps that agent you used & liked can refer you to someone to use?
2. There's a difference between Buyer Agency - exclusive or not - and an Exclusive Buyer's Agent (the firm does not represent sellers).
3. There's also a big difference between "my agent works for the same company as the listing agent so that's dual agency" and "I've called the name off the sign kind of dual agency".
On 2 & 3, when discussed, explained, questions answered, eyes-wide-open known upfront, there shouldn't be any problem with. I would assume that most agents - like those among us here - would be OK with a Designated Agency relationship whereby you could be represented by a qualified colleague should your primary agent obtain the listing on a home that would meet your needs.
I'm confused...is it that you didn't like Heritage or you just didn't like the initiation fee for joining the pool? I ask because joining the pool isn't mandatory. I know that some of my clients that live in Heritage actually joined the Granite Falls pool.
Well, Heritage seemed to me to be more like a small city than a subdivision. I realize there are different neighborhoods within Heritage, but it just didn't seem that way, maybe because they are all relatively new. But the high pool membership fees were a turn off for me because swimming is my main summer exercise (and even in the winter when I can get myself to go to the Y). I have owned four properties over a lifetime and there was never an upfront initiation fee in addition to the annual fee (which seemed high for just two people). So, combination of factors I guess.
Granite Falls is a subdivision that I was going to check out. I did see an ad from Eastwood Homes with a ranch model in Granite Falls although I could not find the address in the mls (had an mls number but did not come up in the search so I don't know if that means it was too new or already sold). Can you tell me anything about the reputation of the builder or the community? Is the Swim and Athletic Club independent of the subdivision?
I do understand the difference between a buyer's agent and an exclusive buyer's agent. Of those four purchases, two were good agent experiences and two were not . In one circumstance my agent told the seller's agent how much I could afford to pay, which was more than my offer. This might have been normal for real estate agents who are responsible to the seller more than the buyer. However, I definitely decided that I wanted to work with an agent loyal only to me. That was the case with my current house and I was much happier.
Unfortunately the agent I worked with then has moved out of state and I have been unable to get any contact info or I would ask for her recommendation.
Thanks to those who replied privately. Still open to suggestions.
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who I can trust to look out for my interest (as opposed to a dual agent who really works for the seller first). I am looking for a split bedroom ranch which is not as easy to find so I might need to go the new construction route so preferably an agent who has some experience in both resales and construction.
