The Homebuyer-Multiple Realtor Paradox

| Total Words: 507

Many People think that they will get the best deal by not making any commitments to a Realtor. They think that they will dangle a carrot in front of many Realtors and say that the one who finds the best deal will get their busisness. This doesn’t work because it is such a shaky proposition that a Realtor will invest minimal, if any, work in the caller. Worse for the homebuyer, each agent they call is automatically working for the sellers, which means that they are contracturally bound to get the best deal for them, not for you, and will tell you about their own listings that they are trying to sell for the highest price.

Agents tell their clients about good deals, not customers. You are a client if the realtor works for you and you are a customer if the realtor works for the other party, and that is the paradox: you might think that calling around to multiple agents who don’t work for you will bear the most fruit, whereas the reality is that working with one agent who is your buyer representative will result in making a friend who will look out for you. That agent will keep his ears open, make the most of your time by calling around to houses for you, know...

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