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About Us

Frequently Asked Questions

Will it cost me anything to be represented?
No, there is no cost to be represented. In local MLS-listed properties, the sellers pay our fee at closing in all normal situations. You receive all the benefits of representation but pay none of the costs. The are no hidden fees or costs.

I like to look on my own. Why do I need representation?
The best way to find the right property is to be constantly connected - to stay on top of new listings and changes in the market. That's what I provide to my clients. Additionally, being represented allows your interests to be protected. By contacting many different listing brokers in the process of conducting your own private search, you have no true representation. No one agent can represent you fully. Furthermore, there may be more pressure on each broker to sell you something as your loyalty is not fixed. There is a great benefit to working with a trusted professional in a relaxed no-pressure environment. A successful working relationship allows for open and honest discussion, steadfastness and consistency.

I don't know if and when I will buy anything. Does it make sense to have a broker?
Yes, it is still best to have a broker. It doesn't matter where you are in the buying process, you should be represented. You really cannot make an accurate assessment of today's real estate market from the outside. Working with me, you are never under an obligation to buy anything nor do you incur any costs.

Can you help me buy a property listed by another agent?
Yes, I can help you buy ANY property in Maine!  It doesn't matter who the property is listed with, in fact the person who lists the property works for the seller and NOT for you, the buyer.  That agent is trying to get the best price for his/her seller.  It is your buyer's agent, me, who works for you and wants to get the best price for YOU!

Will I get a better deal if I go directly to the listing agent, instead of buying through you?
NO!  The listing agent works for the seller.  His/her job is to get the best price for his/her seller.  Anything you say to the listing agent, can and will be used against you.  When you work with your own agent, your buyer's agent, me, anything you say to me, stays with me.  I work for you, not the seller.  My interest is for you to get the best price on the best terms for you.  The listing agent will not reduce his/her commission, even if you go directly through him/her.

What are the benefits of working with you?
I provide consultative services and a no-pressure environment so that you have the time and space to make the best decisions. I am always watching the market and I am right on top of any new listings as soon as they become available. As your buyer agent, I provide you with all the information you need, and represent you fully at every step of the way. In every situation you can count on me to be direct, honest and open. If I think that a property is overpriced or a poor investment, I am going to let you know. Because the great majority of my business is referral-based, I want each and every buyer to have a great experience. I truly enjoy finding that perfect property for my buyers. It's a privilege to help clients reach their goals. I like to take the stress out of the process, and as often as possible, make it fun and enjoyable. I love this business!

Do I have to sign anything?
Any good relationship requires a commitment on the part of both parties. At some point in the buying process, you are going to have to sign something, whether it's a purchase and sale agreement or an appointed agency agreement. I know firsthand that the best working relationships are the ones that are clearly defined and mutually beneficial. As your buyer's representative, I will put in as much into our working relationship with you as you put into me. At the same time, I will provide you with the space and the time you need to make any decision. You will not be pressured to sign anything.

What if I buy a "For Sale by Owner" or discount brokerage property?
I include FSBO, discount brokerage and unlisted properties as part of my thorough property search. We pay particular attention to pricing and disclosure on these FSBO properties, and any purchase and sale agreement I prepare on your behalf stipulates that the sellers pay my fee at closing. Discount brokerage properties regularly participate in the MLS, and many FSBO properties advertise broker participation.

I have a house to sell. Can you help me with that?
As part of the buying process, I can provide you with a market evaluation of your property to let you know how much you might receive from the sale of your home. I can also estimate how long it will take to sell your home. Additionally, I'll provide you with valuable information about how to approach buying and selling at the same time. In a strong market, you don't want to sell your home without having a good plan.

Can I work with you as well as other area brokers at the same time?
I have found that the multiple broker situation creates too much confusion and conflict. I also do not believe that it serves the best interests of our buyers. I have access to every available property on the market. Some buyers mistakenly believe that if they work with multiple brokers, they will have access to more properties on the market. That's just not true. I work exclusively for my clients, and I dedicate a great deal of time, energy and information to the process. I have found the best results come from exclusive representation.

What are a buyer's responsibilities in this Buyer Broker relationship?
Buyers have a responsibility to conduct all real estate discussions and negotiations through our office. Clients should disclose our representation arrangement to other brokers and sales agents at open houses or in the process of obtaining property information.

 

 
 
    Melissa Victory | Powers Real Estate | 360 US Route One | Yarmouth, Maine 04096
207.310.1257 direct | 207-846-1200 x107 office | 800.344.1195 fax
   
    Copyright (c) 2008. Melissa Victory. All rights reserved.