RE/MAX Twin City is #1 in the City of Brantford, County of Brant & Surrounding Area!

Wally Dufrat
Re/Max Twin City Realty, Inc.
Phone: 519-752-5400
515 Park Road North

Brantford, Ontario N3R 7K8

How Much Do You Know About Real Estate Agents?

As an Ontario home buyer, how much do you understand about the roles of real estate agents? Take this True-or-False quiz to find out!

1. Any agent who shows you a home is automatically your agent.

False! Agents are legally bound to protect the interests of the seller, unless otherwise specified in a written agency agreement between a buyer and an agent. Working with a Buyer’s Agent is the only way to assure you are fully represented.

2. There’s no harm in giving your personal and financial information to any agent.

False! Agents who represent sellers are required to reveal all they know about the buyer. This puts you at a huge disadvantage during negotiations.

3. When you make an offer through the listing agent, he or she still negotiates for you.

False! The listing agent is required to negotiate the highest possible price that you will pay, without losing the sale. The listing agent is negotiating for the seller, but communicating with both sides – to your disadvantage.

4. You have the right to use a Buyer’s Agent.

True! You should contact a Buyer’s Agent and obtain a personal consultation before you begin looking at homes. Your Buyer’s Agent will arrange showing appointments, provide advice, and represent you throughout the home buying process.

5. You can save money with a Buyer’s Agent.

True! Your Buyer’s Agent will make market comparisons to ensure you do not overpay for a home. He or she can potentially save you thousands of dollars!

6. A Buyer’s Agent doesn’t cost any extra money to use.

True! Your Buyer’s Agent is paid from the transaction proceeds, just like any other agent. As the home buyer, you pay nothing extra for having your own representation.

Ready to learn more about working with a Buyer’s Agent? Contact me today for your free home buying consultation! There’s no charge and no obligation.

Wally Dufrat
Re/Max Twin City Realty, Inc.
Phone: 519-752-5400
515 Park Road North

Brantford, Ontario N3R 7K8

Reasons Why Home Buyers Should Never Contact the Listing Agent

When looking at Ontario homes for sale, it may seem harmless to call the listing agent named on a “For Sale” sign. Or to email the agent who is named on an online listing. But as a home buyer, this is one of the worst things you can do!

This is because the listing agent represents the home seller. Their loyalty and duty is to the seller. As the buyer, this puts you at an immediate disadvantage.

Any information the listing agent collects about you can be shared with the home seller. Such as your motives, your readiness to buy, and the amount you are willing to pay.

The listing agent wants to sell the home quickly, for as much money as possible. He or she will do everything they can to sell you that house. That’s their job! It also gives them the best commission, by having both the buying and selling sides of the transaction.

If you do not buy that particular house, the listing agent will show you something else. But they will likely start with other listings of theirs, or other listings held by their company. This is because they are still working with their seller clients in mind!

When you work with a Buyer’s Agent, you get professional representation dedicated to your needs and interests. A Buyer’s Agent will ask about your goals, provide specific advice, and even help you obtain mortgage financing. Your Buyer’s Agent will show you homes on the market that meet your criteria, without bias as to who holds the listing.

Your Buyer’s Agent will help you make a wise offer, and negotiate the best price and terms on your behalf. You can potentially save thousands of dollars! This is because a Buyer’s Agent is free to counsel you about market value, instead of protecting the seller’s position.

What’s more, it doesn’t cost you any extra money to use a Buyer’s Agent! Your Buyer’s Agent is paid from the transaction proceeds, like any other agent. You truly have nothing to lose, and everything to gain, by using a Buyer’s Agent!

Before you begin shopping for a home, contact me first! As your Buyer’s Agent, I can show you any home on the market, and provide you with expert advice throughout the home buying process!

Wally Dufrat
Re/Max Twin City Realty, Inc.
Phone: 519-752-5400
515 Park Road North

Brantford, Ontario N3R 7K8