Newsletter Volume I, Issue 1 1/2: So what do realtors do anyway?

October 6, 2020

So what do realtors do anyway? It looks like they just get dressed up and let people into houses…

As with most things, that’s a big “it depends.” There are different types of realtors, and realtors have different roles depending on the situation. And like anything else, there are realtors who go all-out for their clients, and those who… well… not so much. So who to trust… that becomes the question. If you are someone who is in the early stages of investigating different areas or communities, and you are sending out a myriad of inquiries to different websites for communities, you are most likely contacting people who work for a developer, and not you. Communities where there is still active development will generally have an on-site sales staff who work for the developer of that community, or the seller. They are charged by their employer to “sell as much as they can for as much as they can,” and are compensated for selling developer-owned properties. They will certainly be happy to assist you and provide information in hopes of selling you a property. They are not supposed to be dishonest in any way, or misrepresent anything, but there might be some things that if the question is not asked, they might not volunteer. Remember, they do not work for you, and they only operate in that developer’s community.

In North Carolina, all realtors, no matter who they work for, are supposed to have a conversation with buyers about agency relationships upon the first discussion of budget range, timing, and other factors. The North Carolina Real Estate Commission provides a brochure (Working With Real Estate Agents) that is the equivalency of a disclosure form that agents are supposed to use and provide at first substantial contact. The brochure explains the differences between a buyer’s agent, a seller’s agent, and a dual agent. The above example is that of a seller’s agent.

A buyer’s agent is an independent agent who can operate anywhere, whether it be in a community with active development, or in a neighborhood that offers only resale homes. They can show you anything and everything, and have an obligation to provide all of the material facts about any property you may be considering. A material fact is something that could influence your decision one way or another about a property. The most common question that I am asked that is a perfect example of a material fact is, “Is this house in a flood zone?” Other good examples might be what HOA dues include, or whether there is going to be a super-highway built adjacent to your backyard in the next couple of years. An agent that is assisting you should be doing homework on your behalf before you even know to ask the right questions.

If you are going to be a buyer in a certain area, it is absolutely appropriate to establish a relationship with a buyer’s agent in the very beginning. That should be the person that you know you can direct all of your thoughts and questions to, and get the answers you need in order to process the information, and make a good decision. There should be no reason for you to make additional phone calls in an attempt to find out things such as what the HOA dues for a community are, and what they include. If you are already working with an agent, and find yourself wondering things such as this, then something is wrong.

Next edition: What is a Buyer’s Agency Agreement and when do I have to sign?

Welcome to Calabash Lakes! This very solidly built duet, situated on a large lot, is ready for a new owner! If you are looking for easy living near the beach, grocery stores, shopping, dining, healthcare and multiple recreation opportunities, then you are in luck!

This three bedroom, two bathroom duet boasts a two-car garage and three-season room which overlooks one of the lakes in the community. All windows in the home have been replaced with brand new Andersen windows! A no-maintenance Halo whole-house water filtration and conditioning system has also been installed within the past year. The EZ Breeze windows have been added to the screened porch to provide an additional living area that can be used for most of the year. The open and airy living room is generously sized and can easily accommodate furnishings.

The large kitchen, with island and ample storage, and dining area are adjacent to the living room, offering a nice flow and comfortable space.

Furniture placement in the master suite will be easy with all of that room! The walk-in closet and master bathroom help make this suite feel like your private retreat. The guest bedrooms are also well-sized and share a bathroom. You will love doing wash and not feeling constrained for space in this large laundry room, complete with skylight! Imagine yourself enjoying your days near everything this area has to offer, and sitting on your three-season room sipping a beverage while watching the birds and wildlife around the lake. By the way, this community is going to have a brand new salt water pool installed in 2023!

The HOA dues here are a bargain, as they cover irrigation, master insurance, exterior maintenance, termite and pest control, landscaping and all amenities including a clubhouse, fitness room, outdoor pool, tennis/pickleball courts, and shuffleboard court. Less than fifteen minutes to the pristine sands of Sunset Beach, you are literally around the corner from the seafood restaurants of Calabash, and a stone’s throw from Ocean Isle Beach, North Myrtle and Myrtle Beach for even more! What are you waiting for? Schedule your showing now!

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