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Welcome to Chimp Chatter – A Blog for Home Buyers

by Alysse Musgrave | Oct 18, 2022 | Buyers, Clients

I hate blogging. It might be more accurate to say that I hate what blogs and blogging have become. When I started my company in 1995, mine was the first real estate website in my area. I built it with a web builder called Front Page which is a WYSIWYG HTML editor and...

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    Here’s a Common Scenario

    Suppose you attend an open house; or drive by home with a sign in the yard; or see a beautiful home listed for sale on Zillow.

    You call the number on the yard sign or complete an online form to request more information from the listing agent. This agent was hired by the owners of the house to sell their property and to get them as much money as possible.

    The listing agent offers to show you the house, and you schedule a showing. At the property, they walk you through the home, highlighting all the positive features and glossing over or outright not mentioning any negatives. Texas is a buyer beware state; that means it’s up to you to uncover problems with the properties condition or valuation on your own.

    You like the house but are not ready to commit, so the agent offers to show you some other homes that you might like. Here’s where the trouble begins.
    While looking at the first house, the agent represented the seller. Now they are showing you other agent’s listings in which they would represent you as a buyer’s agent, should you opt to buy one of those homes.

    In the meantime, you’ve given them a clear picture of your purchasing power and your level of motivation. If you decide to buy the first house, (or any of their company’s other listings), they have to turn you over to someone else in their office but would be legally obligated to tell their seller/client everything they know about you. And, from the seller’s standpoint, the agent used their house as a source of buyer leads. The seller most likely shared all of their secrets with this agent, only to have that information used against them if both the buyer side and seller side of the transaction are handled in-house with the same broker.

    It’s a convoluted mess, it’s unfair to both the seller and the buyer, and the only ones who win here are the Realtor and their broker.

    The only way to avoid these types of conflicts is to work with a single agency, like HelpUBuy America.

    Introducing HelpUBuy Mortgage.

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    Your homebuying journey begins now!

    LET'S GET STARTED

    HelpUBuy America is the country’s only flat-fee Exclusive Buyer’s Agency and Mortgage Company. Our job is to help you find, purchase and finance the home of your choice at the lowest possible price and with the best terms. We serve home buyers all over Dallas-Ft. Worth and Houston and loan applicants across the state of Texas.  

     

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