Re/Max 2011 Housing Outlook Press release

Residential values expected to climb further in 2011 as housing sales stabilize in most major centres, says RE/MAX

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Special Monthly e-Report: Spread Good Cheer Without Overspending

Myth #2

The agent on the For Sale sign will look out for my interests.

You would think that all the changes in agency disclosure laws over the years would have altered the way consumers approach buying a home.  But in my experience, most buyers, and especially first-time buyers, still don't understand the concept of representation and mistakenly believe that a listing agent will watch out for their interests.  Unfortunately, buyers are still more likely to shop for homes rather than shop for an agent who will assist them in finding a home.

I've tried to help dispel this myth.

In order purchase a home, you should determine your needs as a buyer, and subsequently find an agent that matches your needs.

Are you looking for an agent with superior negotiating skills? An agent that has the experience in the marketplace?  An agent that comes highly recommended from friends and family? Whatever it is, you need to pinpoint and refine your needs and make that a clear directive for yourself while on the hunt for a great agent. 

In any event, I recommend you ask agents for a list of references and and letters of recommendation that they have recently received.  If they cannot produce any, I suggest you continue your search for an agent that displays the qualities that are important to you.