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Should you use a Buyer's Agent
10 Ways to Ease the Home Buying Process
10 Questions to Ask a Home Inspector
5
Property Tax Questions You Need to Ask
10
Questions to Ask Your Lender
10
Things a Lender Needs From You
Common Closing
Costs for Buyers
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Should you use a Buyer Agent?
Using
a buyer agent is a no-brainer.
It's totally free
for you and the buying process will be much less
stressful when you have an experienced professional as
your partner.
Who pays
the real estate commission?
The seller agrees to pay
the real estate commission when they list their home or
property. The listing agent agrees to coop (split) the
commission, usually 50/50, with an agent who is
representing the buyer. Sometimes, the buyer's agent may
get a higher split than the listing agent as an agent
incentive. For example, the listing agent may get a 3.0%
commission, and the buyer's agent a 4.0% commission.
What is a Buyer's Agent?
A
buyer agent is a real estate professional who
specializes in representing the best interests of buyers
throughout a real estate transaction.
Best
of all,
buyer agency is
free!
My
services are paid for by the home seller. The
seller's agent and the buyer's agent simply split
the commission the seller has already agreed to pay.
That is the norm.
Definitions, which can
sometimes be confusing:
A Listing Agent is the seller's agent. They
represent the seller.
A Buyer Agent is also called the Selling
Agent. They represent the buyer.
Why is it important to have a Buyer's Agent?
Always remember,
the listing agent represents the seller, and not the
buyer. So, without your own agent, you are on your
own when it comes time to negotiate price, repairs,
and many other terms of the contract.
When I work
for you I will:
- Educate you about
Buyer Agency, outlining our fiduciary
responsibilities to you, which include:
- Complete
Disclosure
- Loyalty
-
Confidentiality
- Obedience
- and
Accountability
- Save you time by
searching the market for an affordable home that
meets your criteria.
- View homes with
you and provide comparative analysis. I can also
refer you to expert home inspectors that will
provide more in-depth analysis and advice.
- Help you explore
your financing options so you can make the best
possible mortgage decision.
- Negotiate the best
possible price for you and take care of the
documentation details.
- Assist you, if
necessary, in finding any home-related services you
need.
In short, I’ll provide
you with comprehensive, high-quality buyer's
service. So when you decide to buy a home, or if you
hear that any of your family and friends are looking
to buy, please contact me any time.
I
hope to hear from you when the time is right.
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