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Real Estate Tips
About Appraisals >Best Interests of the Buyer

Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent. In this case, known as "dual agent representation," the real estate agent assists both the sellers and the buyers. However, it is also possible for the buyers to ask another realtor to represent their interests exclusively, acting as the "buyer's agent," a service which is available at no additional cost to the homebuyer.

Any licensed real estate agent can act as your buyer's agent, helping you to locate and look at properties in your price range. However, if that real estate agent works for the same brokerage that is listing a particular property, dual agency or designated agent rules will then apply. The buyer's agent will advise the buyer if issues arise such as termite damage or significant material defects appearing on the home inspection report. If the home appraisal comes in at less than the asking price, the agent will represent the buyer's interest, working with the seller and the lender to negotiate a satisfactory resolution.

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Real Estate Trivia
Q 
In what 2003 comedy does a very large family move to a new house on Forest Avenue in Evenston, Illinois?

A 
"Cheaper by the Dozen", starring Steve Martin, was actually filmed in a house in Los Angeles near the Farmer's Market.
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Ambrose Team, REALTOR®, real estate agent and broker for Wichita, Maize, Goddard and  Andover, Kansas home listings, property and land for sale - NUMBER1EXPERT(tm)

Ambrose Team
Keller Williams Realty

10300 W. Maple
Wichita, KS 67209
Office: 316--773-SOLD (7653)
Randy's mobile: 316.312.3079
Katherine's mobile: 316.807-5079
Randy's eFax: 316.440.9483
Katherine eFax: 316.440.9465
Info@AmbroseTeam.com
Randy@AmbroseTeam.com
Katherine@AmbroseTeam.com

Ambrose Team is a well-known husband & wife family team in Wichita, Kansas. Among the most educated & experienced REALTORS in the Wichita area they've helped over 1500 families buy & sell homes. Free Moving Truck for clients. Founders of both local Keller Williams Realty franchises.

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