Why Outer Banks Buyers Need Their Own Real Estate Agent

The seller has representation and you should too! When you’re ready to buy Outer Banks real estate, it costs you nothing to hire an agent from Great Escapes Realty to represent you as your exclusive buyer’s agent as long as the home you purchase is listed for sale with a real estate firm cooperating in the Outer Banks Multiple Listing Service. Your buyer’s agent will be compensated with a portion of the commission paid by the seller to the real estate company listing the property for sale. The process is called co-brokering. As your exclusive buyer agent, we’ll work with you to find your dream home and we are required to keep all of your information confidential and to serve the best interests of you, the buyer. When you are a buyer, it is important that you hire an exclusive buyer agent because the listing agent works for the seller. Though the listing agent is required to answer your questions honestly, the listing agent’s job is to get the highest price possible for their client’s, the seller’s, property. The pamphlet, Working with Real Estate Agents, required to be provided for prospective buyers and sellers by the NC Real Estate Commission, explains the rules of agency relationships for North Carolina. It will also give you useful information about the various services real estate agents can provide to buyers and sellers, and it will help explain how real estate agents are paid. It explains that a buyer’s agent has a duty to the buyer to: 1. Promote your best interests 2. Be loyal to you 3. Follow your lawful instructions 4. Provide you with all material facts that could influence your decisions 5. Use reasonable skill, care and diligence 6. Account for all monies they handle for you When you’re ready to buy Outer Banks real estate, contact Great Escapes Realty at 1-877-755-0020 to be your exclusive buyer’s agent or simply eMail Sales@OuterBanksGreatEscapes.com.
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