BUYER AGENCY
WHAT IT MEANS TO YOU THE SELLER

More than 90% of all Outer Banks real estate sales in our MLS are co-brokered with another agent in another company. The other agent could be a buyer's agent, working for the buyer, or they could be a sub-agent of the seller, even though they work with some other firm. This is going to sound crazy, but when the other agent is working for another company you, the seller, really want that agent to be a buyer's agent.

If the agent is a sub-agent of you working with the buyer and they somehow gave the buyer some wrong information either unknowingly or knowingly, or made some mistake, then the YOU as the seller could be held liable for what this agent says. The agent working as a subagent was employed by you so you could be responsible for their actions, even though the sub-agent works with another firm.

If the other agent is working as a buyer's agent for the buyer then they are not working for you and their mistakes are not passed on to you.

NOT with Shore Realty! We will only cooperate (MLS terminology for split a commission) with agents who are using buyer agency to represent the buyers. This forces the other agents to work as buyer's agents and not for you or us.

You the seller are now protected. We will only share the commission with agents who are working as buyer agents.

This simple strategy puts up a shield between the buyer and you. If the buyer's agent makes a mistake then the buyers go after their agent because of the buyer agency and not you the seller. Buyers these days do not have any problems working with buyer agents. In fact most of the buyers want to have a buyer's agent working for them.

If the other agent wants to get paid by us for bringing you a buyer, then they had better be a buyer's agent on this listing. We make sure the liability falls in the right place.This is our way of making sure that there is not a "crack" for you to "fall through!"

This will not cost you anything and it will in no way affect the sale of your property. We have been doing this for years and it in no way affects sales.

Choosing an Agent

Value Guarantee - What other company is willing to guarantee their home evaluations?
Easy Exit Listing Agreement - If you think you made a mistake choosing Shore Realty, we don't lock you into a listing you don't want.
Feedback - Learn what other agents and their clients think about your property.
Commission - You choose how much you want to pay.
Electronic Signatures - easy peasy paperwork.
Rental Income Protection - see how we help protect your rental income.
Brand Name Realty - Not here.
Agents Buying Listings - The last thing you want to do is use price as the criteria for deciding which agent to use!
Sneaky Agents ....learn to protect yourself.

Pricing

What's Your Property Worth? What the neighbors say is usually wrong.
Chasing The Market - Easy trap to fall into and expensive.
Absorption Rate How long to get rid of existing housing inventory?
Market Value What is Fair Market Value?
Fair Market Value - how fair is fair?
Competitive Market Analysis - You will be provided with a complete Competitive Market Analysis showing you just how your house compares to others in the same neighborhood. Sign up HERE

Marketing

Print Advertising - Your property will receive unprecedented continuous exposure every month it is listed for sale. Your ad will appear every month in the Homes and Land magazine, instead of the typical ad rotation.
Virtual Floor Plan - Each residence is measured room by room for a concise virtual floor plan with lots of inter grated pictures of the property for a true Virtual Tour and not just a slide show of pictures.
Maximum Internet Exposure - Your property will be exposed to millions of people on 30 national real estate websites and with 8 news organizations including ABC, FOX, New York Post, Washington Post, New York Times and Cox Media.
Professional Photography - Don't let your house languish on the market because of poor quality pictures. Too many listing agents treat photos like it was still the last century. Pictures sell real estate!
Lock Boxes - Electronic lock boxes provide 21st century access.
MLS - Your property information will be entered into the Multiple Listing Service, including color photographs of the interior and exterior of the house, if applicable.
Open Houses - If the first Open House has a good turn out we will follow up with more.
Reverse Offer - Backwards real estate.
As Is - Is this the best way to get what you want?

The Offer

Low Offers - Blessing in disguise!
Loan Contingency Protection from flaky buyers.
Counteroffer What to do after the offer comes in.
Earnest Money Deposit Who gets to keep it.
Due Diligence You won't believe how the state treats sellers in the new Offer To Purchase.
Time is of the Essence Hurry up and get in line.
Emotions - Don't let them get in the way.

The Closing

Advanced Rental Deposits Who gets the money?
Out of State Sellers do not need to worry.
Closing Costs - How much more will it cost?
Utility Transfer Lastly, let's get rid of those utility bills.

Not Ready Just Yet? Home Selling Articles

Sold Update - Receive automatic email updates when a property sells in your Neighborhood!
Home Warranty ....while your property is for sale.
Buyer Agency And You The Seller
Termites - Save $500 or more on the sale of yurt house!
Tips For Selling
Do Not Call Stop the annoying phone calls.
Home Inspections - should you get one?
Working With Real Estate Agents explains agency and is required reading by the state of North Carolina.