You’ve been thinking about buying your first home. While we know you are smart enough to trudge through it on your own, there’s really no reason you should. The home-buying process can get complicated and you want to make sure that everything is done right and by an expert.
Fortunately, a real estate buyer’s agent can help ease the process of finding and buying your dream home without costing you a dime.
What Is A Buyer’s Agent?
A buyer’s agent is a real estate professional legally licensed to represent the buyer and their interests in real estate transactions. That means they represent YOU. A seller’s agent, on the other hand, works for the seller. As a potential home buyer, signing a contract with a dedicated buyer’s agent is often the best way to ensure that your interests are protected.
What Does A Buyer’s Agent Do?
In real estate, a buyer’s agent assists potential buyers with all aspects of the process of buying a home, from start to finish. First, they can help you find homes that suit your needs and preferences. That includes flagging listings or open houses for you to check out, scheduling showings on your behalf, and attending those showings with you. They will be there every step of the way.
Reasons To Use A Buyer’s Agent
If you are thinking that you are just going to look at a couple of homes then pick your favorite and that will be the toughest of your home-buying problems – think again! Real estate transactions can get far more complex and even stressful when liens or undisclosed items are discovered, it can be much easier with an advocate by your side.
Client Education
When buyers are informed and understand the buying process they become savvier consumers. Depending on what type of property you are buying (condo, co-op, single family, clean and green) different states and different municipality rules may apply. A great agent will be able to explain what you need to be ready for and be able to provide you with resources so that you know what to expect always. They’ll also explain the legal and real estate lingo and answer any questions you have.
They Handle The Hard Conversations And Problem Solve
You’ve selected the property you would regret walking away from, your buyer’s agent will write your offer and counteroffer if necessary. Once under contract, they will assist with scheduling and negotiating any inspections. Most buyers find it difficult to have hard conversations with the seller about improvements that need to be made. Fortunately, this is where having a buyer’s agent working on your behalf comes in handy, as they are used to these conversations and can handle them with confidence.
Paperwork, Paperwork, Paperwork!
Buying a home involves various types of documentation that can be confusing and seemingly endless. A Buyer’s Agent is here to walk you through these forms.
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Loan application
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Preapproval letters
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Purchase agreements
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Disclosure statements
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Inspection reports
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Change in terms
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Mortgage Commitment
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Title Commitment
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Conveyancing paperwork
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Closing disclosures
Your buyer’s agent can help guarantee that important documents are not overlooked and can also walk you through each one to make sure you understand their importance.
Work With All The Parties
If you’re using financing, they will work with your lender to ensure all milestones of your loan approval are met including anything that comes up in the home’s appraisal. Your buyer’s agent will also guide you through the closing process with the title company, making sure title is able to secure the deed transfer and close on time. Essentially, a buyer’s agent is your gatekeeper ready and willing to push where needed on your behalf.
All this and more are what a buyer agent will do for you. If you want the very best in service, then make sure you contact me and my team today, we would love to hear from you and discuss your needs one on one.
