A few days ago I had a call from a buyer who wanted to see properties in Cherry Creek North. This seems to be a trend lately. Call the listing agent directly.
He found the homes on my web site, www.GretchenRosenberg.com, and gave me a list of what he wanted to see, which weren’t actually my listings. I asked if he was working with a broker. At first he said, “no.” Then he said, “well, my wife is, but the broker isn’t here this weekend.”
While I would love to grab new buyers, “double-end” a listing if it’s my listing and get another closing in before the end of the year, I also thought it best to warn him about why he should be represented, and what “procuring cause” is.
If you’re a buyer and you’re not real estate savvy or an attorney, then you should have your very own broker representing your best interests. If you have a broker who goes away for the weekend, then find out who is covering for him. If you call the listing agent directly, your broker will not earn a commission. Or you could be in jeopardy of paying your broker’s commission.
The same goes for builder properties and FSBO’s (for sale by owner.) Let your broker call them and set the appointment.
There’s more to real estate than checking out nice houses, and you need your broker involved to help you wend your way through complicated contracts, inspection issues and the appraisal. Not to mention the closing, settlement statements and other documents.
So when you find a property you like on the internet, call or email me. Or click the “contact” button at the top – if you don’t already have a broker representing you. If you do, have your broker call.
Thanks, Gretchen Rosenberg