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First of all, you may ask, what is a buyer’s agent? A buyer’s agent is a licensed Realtor working on behalf of the buyer. While buyer’s agents do not work exclusively with buyers and often carry listings as well, a realtor acting on behalf of a buyer represents only the interest of the buyer. Enlisting the aid of a Realtor to help you find a home and represent you throughout the buying process costs nothing and can save you headaches and unforseen costs in the longrun.
The seller’s listing agent represents the seller and cannot give full representation to the buyer while representing the seller. Surprisingly, many homebuyers think the nice real estate agent that listed and showed them the home represents them. Usually the buyer meets the seller’s agent at an open house or through a listing on the web and believes they will receive full representation. But in a case such as this, the listing agent of the home has a conflict of interest in selling the home.
Having your own real estate agent looking out for your best interests is an advantage to you. There is no cost to you, the buyer. You will receive full representation while all fees are paid by the seller.
The buyer’s agent will manage all the details of the transaction such as coordinating the financing, preparing documents that protect the buyer’s best interest, supervising customary inspections and repairs if needed. Many buyers do not realize the details and negotiations needed to bring a property to closing. That you are being represented by someone you can trust and feeling confident from the beginning is a great comfort.
Locating the Right Home for You
You can rest assured that your buyer’s agent will do everything possible to satisfy your needs, exceed your expectations, and find your perfect home or investment property. My success is gauged only on the level of satisfaction and proper matchmaking I can achieve for my buyers. I send listings as they become available to familiarize the buyer with the real estate market, offer advice on areas that may best meet their needs paying the utmost attention to the buyer’s wants and needs. I can also provide you with advice on schools, business and other infrastructure that may be key to one’s happiness in their new home. Aside from just helping you locate the right home, my service to the buyer extends to every stage of the buying process:
Making the “Right” Offer and Negotiating
Much thought and analysis needs to go into your “offer”. Factors like comparable properties on the market, recently completed transactions, location and the seller’s circumstances all play a part in the amount of the offer. As your real estate agent I will help you present the most reasonable offer. In addition, as an accomplished negotiator I can make sure the deal runs smoothly.
Obtaining Financing
Most real estate agents work closely with one or several good lenders. As your real estate agent I can help to clarify for you the various options available to you and set you up with a good mortgage lender. This person will help steer you through the application process and help you across any hurdles you encounter along the way. Most importantly, this person should help choose the best loan program specifically geared for you. Take advantage of the team of professionals that come along with my service to you.
Due Diligence and Settlement
When you want the work done properly, you can rest assured that we will do everything possible to satisfy your needs, exceed your expectations, and find your perfect home or investment property. Not only will we send listings as they become available to help you understand the real estate market in the area, but we will offer our advice on areas that may best meet your needs. Once we have found a house on which you’d like to make an offer, we will help to ensure that you do not run into any unforseen problems. Due diligence is the process of trying to discover potential problems in the house you are buying before you buy. These problems can range from structural or cosmetic (for example, termites or leaky roof) to problems with the title, taxes or homeowners association. With my experience uncovering these problems I can help eliminate any surprises after the transaction. And I will make sure that you are prepared for the settlement table with all of the paperwork, exact monies, etc that you will need to bring. My job is to make sure the settlement goes smoothly!
Building a New Home
Many new homeowners erroneously believe that if they buy a home form a builder without going through a buyer’s agent, they will save money. The fact is, most builders pay a commission, and if you do not use and agent, the builders iemply keep that money for themselves as profit. The worst part is, in this case, you will forgo FREE representation!
Negotiating without representation can be a disaster! Most builders do not fall under state real estate commission laws and therefor do not have to use approved commission purchase contract forms. Most likely, the builders had their own purchase contracts drafted in their own interest…NOT YOURS! Most real estate agents are familiar with these contracts, and can recommend inclusions or exclusions to save you trouble.
