I built the Carolina Beach, NC Real Estate Agent website to give property owners and buyers in the Carolina Beach Area (New Hanover County) a comprehensive resource for their real estate needs.
Whether you're a buyer looking for your very first home in the Carolina Beach Area area or a seller looking for a real estate agent who will exceed your expectations, this site will give you a head start.
If selling your home, we will discuss my
non-traditional low commission approach
,
designed to maximimize your profit.
If buying a home,
you pay me nothing
. Make sure you are represented.
As your agent, my job is to provide you the utmost care, skill and diligence. I look forward to working for you!
- Duane Devalle, Realtor, Broker, Owner
The first thing you should do, even before you make your first call to a Carolina Beach NC real estate agent, is to fully understand the type of relationship you will have with the real estate agent. You need to know whether the real estate agent is working for you as a client or merely with you as a customer.
Before you begin to work with any real estate agent you need to know who they are working for. The real estate agent represents someone in the transaction.
The North Carolina Real Estate Commission has produced an informative brochure meant to protect consumers. The "Working With Real Estate Agents Brochure" explains who a Seller's Agent, Dual Agent, and Buyer's Agent represent in the transaction. Every real estate agent is required by the North Carolina Real Estate Commission to present and explain the brochure with those seeking the services of a real estate agent.
A Carolina Beach NC real estate agent who is working at a new home construction site is working for and representing only the seller. Their loyalty belongs to the seller. That real estate agent is obligated to gather as much information as possible about you in order to assist the seller in profiting from the transaction.
If you contact a Carolina Beach NC real estate agent listed on a "For Sale" sign, they too represent and serve only the seller. That real estate agent is making every effort to capture as large a profit as possible for the seller.
These real estate agents prior to showing you any property or home are required by North Carolina Real Estate Law to discuss and explain the "Working with Real Estate Agents Brochure".
Large real estate firms with several offices and branches are considered "under the same roof". In other words, each listing/seller they work for "belongs" to all of the offices and agents. Those agents are obligated to protect the interests of each of those seller clients.
If, as a buyer, you feel one of those listed properties meets your dream home criteria and you so happen to have a buyer agency agreement with any of those agents or offices, you would have the option of entering into dual agency. You would no longer be represented solely by that real estate agent. That agent of the firm will now represent both the seller and you simultaneously. Such a situation is less than favorable.
Consider a Carolina Beach NC real estate agent who will not allow this potential conflict to occur. Make certain you enter into an agreement in which the real estate agent will remain loyal to only you throughout the entire process.
As a buyer, you should accept nothing less.
The first thing you should do, even before you make your first call to a Carolina Beach NC real estate agent, is to fully understand the type of relationship you will have with the real estate agent. You need to know whether the real estate agent is working for you exclusively or for the buyer as well.
Before you begin to work with any real estate agent you need to know who they are working for. The real estate agent represents someone in the transaction.
The North Carolina Real Estate Commission has produced an informative brochure meant to protect consumers. The "Working With Real Estate Agents Brochure" explains who a Seller's Agent, Dual Agent, and Buyer's Agent represent in the transaction. Every real estate agent is required by the NC Real Estate Commission to present and explain the brochure with those seeking the services of a real estate agent.
When buying or selling a home, you need to know the real estate agency representation to which you are agreeing to.
That real estate agent may be working for the client as a buyer's agent. If so, they solely represent the buyer. They are obligated to protect the interests of the buyer. Any information the real estate agent is able to gather from the seller, which may tip the negotiating scales to their favor, is to the buyer's benefit and may negatively affect the sellers's potential profit from the sale.
A different scenario...
That real estate agent may not have formed an agency relationship with the buyer and in time will seek an agency relationship with the seller or the firm listing the home. In this situation, the buyer is not being represented. If an agreement is formed with the seller, the real estate agent is loyal and obligated to the seller. *Note - there should always be some concern when the real estate agent is unable to form an agency relationship with the buyer.
A third scenario...
The real estate agent may also be associated with a large firm having several offices and an abundance of listed properties and buyer clients. When you list your home with such a firm all of the firms's agents work for you, BUT they also work for all of the other clients, as well. In other words, the real estate agents are equally obligated to protect your interests and those of their buyer clients. The agent who you listed your home with is obligated to protect the interests of the buyer clients of the firm. If a buyer client of that firm expressed interest in your home, you are not exclusively represented. You are in a dual agency situation.
Under dual agency the real estate agent or firm may represent more than one party in the same transaction. The North Carolina Real Estate Commission requires that all parties have the knowledge and consent of the dual agency relationship.
Dual agency adds complexity to the transaction. This more often occurs with larger firms which have an abundance of listed properties and buyer clients. This conflict does not need occur for a firm committed to protecting the interests of the seller only.
With dual agency, you have an agency relationship in which you are no longer represented exclusively by that real estate agent. You are now "sharing" your agent or firm with the buyer.
Seek a real estate agency relationship which protects only your interests. A listing agreement free of dual agency does exactly that. Seek a Carolina Beach NC real estate agent who will represent only you, not the buyer.
If a home seller wishes to be represented, the home seller should enter into an agreement in which you will be exclusively represented throughout the entire process.
The standard agreement form used by real estate agents contains a section devoted to this issue. The choice is given to the seller as to how the relationship will be conducted - dual agency or exclusive representation.
When seeking a Carolina Beach NC real estate agent and firm consider the following regarding dual agency:
Large real estate firms with several offices and branches are considered "under the same roof". In other words, each buyer they work for "belongs" to all of the offices and agents. Those agents are obligated to protect the interests of each of those buyer clients.
If a buyer feels your listed property meets their dream home criteria and you so happen to have a seller's/listing agency agreement with any of those agents or offices, you would have the option of entering into dual agency. You would no longer be represented solely by that real estate agent. That agent of the firm will now represent both the buyer and you simultaneously. Such a situation is less than favorable.
Consider a Carolina Beach NC real estate agent who will not allow this potential conflict to occur. Make certain you enter into an agreement in which the seller's agent will remain loyal to you throughout the entire process.
As a seller, you should accept nothing less.
Enjoy everything this site has to offer in helping you understand more about Carolina Beach NC homes for sale.
I am available to assist you any way possible. Keep in mind, working as your buyer's agent, you pay me nothing. You pay no commissions or fees when utilizing my buyer services. - Duane
