Real estate agents in Charlotte NC can work:
– Exclusively for a buyer
– Exclusively for the seller
– Or work for both buyer and seller at the same time (dual agency).
While dual agency is an option in NC it’s up to buyer, seller and the agent as to whether that is an option they’re all comfortable with. For an agent to represent both buyer and seller in the same transaction there’s a sacrifice of loyalty – for my thoughts on dual agency, visit Dual Agency Considerations When Buying or Selling Real Estate in Charlotte NC.
When buying real estate in Charlotte NC, it’s especially important to know who the real estate agent is working for – where that agent’s loyalty and duty is pledged. The listing agent (and builder agent at new construction!) of real estate in Charlotte NC has been hired by the seller, so they owe their loyalty to the seller. Anything that they learn about a potential buyer that would benefit their seller, that agent is obligated to tell the seller!
Whether a Charlotte NC real estate agent is representing a buyer or seller, that agent’s loyalty, accountability, diligence and duty is to promote the best interests of their client. Once you’ve hired a buyer’s agent to represent you as a buyer, that agent is on your “team” during the home search and buying process to help you navigate not only searching but the contract to closing process for Charlotte NC real estate.
Before buying or selling real estate in Charlotte NC learning about who Charlotte NC real estate agents can represent is important for both buyers and sellers. For the brochure on real estate agency relationships in NC, visit Working with real estate agents in NC
Copyright©2009 by Diane McDermott, All Rights Reserved, “Who Do Real Estate Agents Work For In Charlotte NC?”