When buying something as important as a new Colorado house or even acreage for that custom home, knowledge is critical.
Having representation when buying is your right. It can also be a pretty good idea. On the opposite side, here are just a few examples of not having true representation, or “going it alone” in a Colorado Real Estate Transaction:
- Walk into a model home sales center by yourself and sign a contract to buy a home. You are NOT represented.
- Call an agent listed on a sign in front of a home and make an offer on the house by yourself. You are NOT represented.
- Buy a house through an agent describing himself as a transaction broker. You are a customer, only. Not truly represented.
- Working with the listing agent only, you buy a home or piece of land over the internet from out of state? You are NOT represented.