If you’re like many people, you need to buy and sell a home at the same time. But should you use the same agent for both transactions? This guide explains.
Should You Use the Same Real Estate Agent to Buy and Sell?
For many people, the smoothest way to buy and sell homes is to work with the same agent across both transactions. However, it’s not the right choice for everyone. Here’s what you need to know:
- If you are buying and selling in two distinct areas, it may make sense to work with two different agents.
- Working with one real estate agent can streamline both transactions, as your real estate agent knows you and your preferences.
- You may be able to save a little money by working with just one agent.
it’s important that you know that when you work with a real estate agent, your agent has a fiduciary responsibility to you. That’s true whether you work with one or two agents (or a team) on either end of your transaction. Your agent’s responsibility to you involves putting your best interests first every step of the way – even if the very same agent is the one who finds the buyer for your home.
Related: How to buy a house, sight unseen
What it Means to Work With the Same Agent on Both Transactions
The same agent who lists and sells your home maybe the one who helps you find your next home. Both transactions will be entirely separate, so you don’t have to worry about any confusion there. However, the one thing that remains consistent is the agent; your agent will be your main point of contact for every aspect of both transactions, which many people find helpful – and a lot simpler than working with two separate agents.
How to Tell Whether You Should Work With the Same Agent to Buy a Home When Selling Your Current Home
Before you even entertain the idea of working with the same agent to buy and sell a home at the same time, you should talk to the agent you’re working with. Your agent will be able to let you know whether they have the bandwidth and the capability of handling both transactions. The best part about that is that if your agent can’t handle both transactions, they’ll certainly know someone who could take one of them for you. Then, you have the benefit of being referred by someone who knows you, which means you have backup help in your corner through both transactions.
You should ask your agent:
- Do you specialize in the area where I want to buy?
- Do you have the time to handle both sides of my transaction?
- How does it work when I want to use you for both buying and selling?
Are You Selling a Home in DC Ranch?
Thinking about selling your home in DC Ranch? Call us at 480-360-0281 to find out how we’ll market it to all the right buyers. If you’re also looking for a new home, we’d love show you any listing in the community. Let us know what you’re looking for and we’ll be happy to search for something that’s a perfect match for your needs.
While you’re here, check out our:
- Country Club Village homes for sale
- Desert Camp Village homes for sale
- Desert Parks Village homes for sale
- Silverleaf Village homes for sale