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Tuesday, October 19, 2004

Should I use more than 1 agent to find a home? 

Here's what Blanche Evans of Realty Times newsletter says:

"Unless your agents belong to different MLS organizations, which cover different areas you are planning to choose between, it isn't fair" ...

Her best line, which is true is: "You can't keep it secret from agents that you've hired two people to do the job of one. Sooner or later, the cat will be out of the bag. They'll find out about each other and how much help do you think you'll get after that?

She adds "Using two agents can actually work against you. Let's say the agents agree to continue to compete for you. They may do so, but it's not likely they'll work any harder. If anything they will put you on the back burner. If a house comes up for sale before it goes into the MLS and your agent learns about it, do you think she'll tell you, or another buyer who is more loyal?"

I agree with Blanche, but here's my take. If you are not savvy enough to interview and pick the best agent, and fire them if the relationships not working...you are probably going to outsmart yourself and end up paying more for a house. Savvy pros get the job done. Any agent that works for you when you are using multiple agents is pretty stupid and will say or do anything just to get you in ah ouse so they make a commission.

I know this, which is why Smarter Agent interviews and lets only top agents represent our clients...so you get to use the best of the best, and we make money because you tell all your firends about us.


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