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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 
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?

A 
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
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Gary Lambert Jr., REALTOR®, real estate agent and broker for Mobile County and Baldwin County, Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

Gary Lambert, Jr.
Lambert Properties, LLC

1103 North Hickory St. Ste.C
Loxley, AL 36551
Direct: (251)709-3134
Office: (251)605-3085
Fax: (251)964-8448
garylambert@NUMBER1EXPERT.com

Welcome, I am Gary Lambert, Jr. with Lambert Properties, LLC. I am America's NUMBER 1 EXPERT for Baldwin and Mobile Counties, including Daphne, Spanish Fort, Fairhope, Montrose, Loxley, Robertsdale, Summerdale, Silverhill, Foley, Bay Minette and Mobile specializing in Residential, Commercial, New Construction, Waterfront, Investment Real Estate and Land Development.

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