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  • Contact
  • Home
  • About
    • Steve Lincoln
    • Sean Birkle
    • Bryce Lincoln
    • Diana Lincoln
    • Lincoln Realty Group
    • About Aviara
    • Sold Properties
    • Testimonials
  • Buying a Home?
    • Home Buying Insights
    • Featured Properties
    • Search For Properties
    • Home Loan Assistance
    • Mortgage Calculator
  • Selling a Home?
    • Buy or Sell First?
    • Sell Your Property
    • Preparing Your Home for Market
    • Setting the Right Price
    • Marketing Your Home
  • Aviara Community
  • Communities
    • Oceanside
    • Carlsbad
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    • Encinitas
    • Solana Beach
    • Del Mar
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Home Buying Insights

Home Buying Insights

Home Buying Insights

Steve and Diana Lincoln

Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

​​​​​​​Call or Text Diana: (760) 707-6034

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It would seem that buying a home today, with all the new technology including a vast supply of Real Estate related websites would be a piece of cake right?

Well on the surface, we’re sure that that’s how many people feel when they first start to look for a home, that is until they find themselves in a variety of unfamiliar situations.

Dual Agency

OK, you have found the home you want to purchase, you have gone directly to the Listing agent and asked the agent to present an offer to the Seller. Sounds easy, however, by virtue of the Listing agent presenting an offer to the Seller on your behalf, the Listing agent has now become your agent too.

In California a Listing agent may represent both parties to a transaction/contract, although some states have banned this practice, called dual Agency. To represent two parties with opposing interests equally and with the fiduciary responsibility in which the term agency demands, can be very difficult, if not impossible.

For example, attorneys must have a post graduate doctorate degree and pass a State Bar Exam in order to become licensed. Even with their tremendous training in agency relationships and conflict management, attorneys avoid dual agency because of the impossible situations it creates.

Furthermore, a relationship between Seller and Listing Agent exists prior to any relationship you might have with that individual. Although one would like to believe that the interests of both parties could be represented equally what do you think the chances really are?

Hiring an experienced Agent/Realtor to represent your interests and your interests alone will better ensure your protection in any transaction. Steve Lincoln has a California Bureau of Real Estate Brokers License. A Brokers license is only held by 4 % of the active Realtors in California. In order for an agent to sell property in the state of California, they must be employed and guided by a licensed Broker in this state.

Represent Yourself?

"He who represents himself has a fool for a client"
Abraham Lincoln

Representing yourself, with the prospect of saving some money, is next to impossible. Here’s why:

When a listing agent acquires a listing and signs a listing contract with a Seller, typically the forms/contracts used to acquire the listing, in California, are conducted on documents provided to practicing Realtors, by the California Association of Realtors library of legal documents. Contained within the library of documents are a few different variations of Listing Agreements. The most commonly used agreement is the Residential Listing Agreement (Exclusive Authorization and Right To Sell). Within that document, the Seller typically agrees to a commission payment to the listing Broker. Within this document, the Listing agent also agrees to participate in an MLS (Multiple Listing Service) and share a percentage of the commission paid by the Seller (typically half of the agreed commission).

Due to the arrangement between the Seller and Listing Broker, once you approach the listing agent to view the property, the Listing agent would have a claim to the entire commission (procuring cause). Even if you, as the Buyer made a claim to the commission it is illegal for a listing Broker to pay an unlicensed party a commission in most cases.

So, even if you were able to successfully negotiate a fair price, maneuver through the mountain of paperwork, escrow, inspections and the inevitable hiccups inherent to real estate transactions, your efforts would most likely have been in vain. Choosing to engage an experienced agent/Broker to assist you will ease the burden of the transaction tremendously.

And remember, in almost all instances, the compensation paid to the Buyers Broker is paid for entirely by the Seller, via the Listing Brokers Listing Agreement.

Steve Lincoln and the Lincoln Realty Group will be there with, and for you, providing you with expert advice, investment and negotiating insights and many many other skilled advantages to help you acquire your next property at the very best price.

Call Steve Today: 760-707-6033

"From the moment he was retained as my agent to the day he closed the sale, Steve Lincoln displayed a level of professionalism, competence, and integrity that is increasingly difficult to find in the world of real estate and for which I will be eternally grateful."
Dr. Stephen Schoenberger, Carlsbad CA
"Steve Lincoln is an all-star broker. His in-depth knowledge of all aspects of real state profession is beyond expectation. His expertise wins him a captivated audience. He delivers way more than what he promises for buyers and sellers alike. One finds him/her- self, dealing with a sincere and trustworthy professional ready to go the extra miles to achieve a smooth and pleasant closure to all who rely on him."
Mrs. Renee Mikhail, Carlsbad, CA
"From the first inquiry to Zillow on a Friday night during Christmas season a year and a half ago, Steve stuck by our pursuit of a home closer to the beach. He treated us as if we were his most important client and never ignored a phone call or hesitated to show us properties as they became available. He was with us until we picked up our keys. His knowledge of the area, the details necessary to look for in homes, the negotiating process, the importance of proper financing all contribute to his superior achievement."
Dr. and Mrs. John Fagan, Oceanside CA
"To put it simply - Steve Lincoln did an amazing job finding the dream home for my wife and myself. After giving him our requirements Steve did extensive research to zero in on the perfect community for us in Rancho Santa Fe."
Mr. and Mrs. Howard Reisman, Rancho Santa Fe CA

Click HERE for more TESTIMONIALS of Steve’s Service and Real Estate Expertise.

Contact

CA DRE #01870580

6965 El Camino Real 105-690, Carlsbad CA 92009

877.692.8427

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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