If you are thinking about buying a home for sale in Knightdale (or any where else in NC) and you refuse to sign a Exclusive Buyer Agency Agreement, watch what you say to a Knightdale real estate agent. Why? If you decide against signing an Exclusive Buyer Agency Agreement between you and a Knightdale real estate agent, that agent represents the best interests of the home seller. And the agent’s fiduciary responsibility is to the seller, period, end of discussion. That means the words that come out of your mouth can be (and most likely will be) used by the agent to secure the highest price and best terms for the Knightdale home seller.

Smart Knightdale Home Buyers Should Sign an Exclusive Buyers Agency Agreement!

Once you have been explained the various forms of agency relationships practiced by Knightdale real estate agents, and sign a “Working With Real Estate Agents” brochure which is required by the North Carolina Real Estate Commission, it is important you take the next step to have your Knightdale home buying interested protected! With your Exclusive Buyers Agency Agreement you can rest assured your Knightdale real estate agent will deliver the following fiduciary duties:

• complete loyalty to you, the Knightdale home buyer
• complete obedience from all subagents who work for the Exclusive Buyers Agent
• provide complete accounting and accurate records of all Knightdale real estate transactions involving you the principal and account to his/her for all funds in which the principal has an interest
• complete disclosure of all material facts about the subject property
• carry out with skill, care and diligence all duties on your behalf
• bound by agency law to help you, the Knightdale home buyer, secure the best price and terms on your behalf

Knightdale Home Buyers – Get it in Writing!

Exclusive Buyers Agency Agreements are “employment contracts”! The NC Real Estate Commission requires all Exclusive Buyer Agency Agreements be in writing no later than than the time that an offer to purchase is presented to the seller or seller’s agent. Every written Buyer Agency Agreement shall contain the following provision: “The broker shall conduct all his/her brokerage activities in regard to this agreement without respect to the race, color, religion. sex, national origin, handicap or familial status of any buyer, prospective buyer, seller or prospective seller.”

Questions About Knightdale Real Estate?

If you have any questions about buying your next home in Knightdale, now is your time to ask. Be sure to leave a comment.