Chesapeake Real Estate Agents

Here's something you may not know about real estate agents. Many agents solicit 'listings.' A listing is an agreement between a real estate agent and a homeowner to place a property on the market. The listing usually gives the agent a fixed amount of time to make the sale, and stipulates the amount of compensation to be paid the agent in the event of a sale.

Generally it is best for you the buyer to have your own real estate agent who will represent your interests exclusively. If you contract with an agent who has a listing, and you're buying the property the agent has listed, then the agent represents both sides of the sale. In some states this is illegal.

How can you find a real estate agent that is best for you? Well, the best strategy is to compare different real estate agent web sites, then make contact, and ask them the questions that are of concern to you.