Home Buyer Tip: The Seller Does NOT Care About You

#1 – UNDERSTAND The seller does NOT care about you

The seller and seller’s agent only cares about what is best for THEM NOT YOU!   So many buyers think they can trust the seller’s agent.  Home buyers even think they made friends with the home owner – BUT NOPE!  In the end they will do what is BEST for them, it’s in our nature and it’s expected,  but I find many people forget this.  They treat buying a home like buying some used furniture from a friend.  Problem is unlike a used couch we just can’t get rid of it quick, without taking a major financing loss.

It’s given to you in plain black & white and you didn’t even know….

What’s crazy, the sellers agent will give it to you but it is hidden a bit in paperwork / email / website  – They DO NOT need for you to even sign it, just proof they gave it to you! It’s called “IABS Form” – Information About Broker Services – Yep it’s true.  I am attaching it below.   Don’t believe me?  Here is a link directly from Texas Real Estate Commission.  https://www.trec.texas.gov/forms/information-about-brokerage-services

What the seller cares about:

1. Seller only cares about getting the most money from you
2. Hiding any defects (so he doesn’t have to fix and spend $$$)
3. Hiding any title issues so he doesn’t have to pay any taxes, liens, or contractors.
4. Hiding any issue that may de-value the home.
   1. Levies
   2. Encumbrances
   3. Fence Lines
   4. Future construction work
   5. Future updates of street
   6. Future updates of HOA

How to Protect Yourself as a Buyer

• Get someone to represent you with
  • I would recommend at least 5 years experience
    • and / or 50+ transactions
• I’m not the only great realtor – lots of great realtors out there
  • Here are some questions you need to ask them in my next blog