What is a Real Estate Buyer’s Representative?
As stated in “The Law Of Real Estate Agency”
A licensee who has entered into an agency relationship with only the buyer in a real estate transaction, and includes sub-agents engaged by a buyer’s agent.
» Why use one?
– A Buyer’s Representative has the training and expertise to help you navigate through one of the most expensive, high-risk, and complex transactions of your life.
– Locating properties
– Providing market information
– Giving options and opinions based on experience.
– Structuring your Purchase and Sales Agreement
– Negotiating with Sellers
– Handling all the details
» Selecting a Realtor to work with you.
– Select someone who is dedicated to real estate.
– Work with someone who is professional and has some experience.
– Know what your expectations are with regards to customer service and
discuss those things with the person you are considering working with.
– Choose someone who can provide you with recommendation letters,
phone numbers and/or email addresses of previous clients.
– You can find a Realtor through Open Houses, referrals from
friends/family/co-workers, classes, walking into a real estate office, etc.
» The cost to the Buyer.
– The commissions are typically paid by the Seller. There may be certain circumstances where the Buyer will pay the commission at closing.
The bottom line: Find a Realtor with whom you feel confident in their ability to represent you in a professional manner. Someone who will make purchasing your home a wonderful experience.