WHY SHOULD YOU USE A BUYERS AGENT?
Description of Agency:
The term "agent" is often used in a casual manner, referring to any real estate practitioner. But "agent" also refers to someone with whom you've established a formal "agency" relationship. Someone who represents your best interests in a real estate transaction and owes you fiduciary responsibilities.
A real estate transaction may consist of only one agent; usually the Sellers Agent or Listing Agent of whom represents and protects the Seller. So who represents and protects you, the Buyer?
2. Stay out of legal & financial trouble. When making an important financial transaction such as buying a home, it's important to know that you are protected in case things don't go as planned. click here to read more
3. Receive Unbiased Data. Unlike the consumer-based Multiple Listing Service (MLS), a Buyers Agents internal listing program maintains a record of, not only all homes listed by Realtors in a given market, but also what the price of those homes sold for was and much more. click here to read more
4. Get the Facts...Good and Bad. An experienced Buyers Agent will provide you with the true facts as to value and up-to-date market/neighborhood conditions derived from the internal Multiple Listing programs that are at the agents disposal. But an experienced Buyers Agent will also disclose obvious material defects and other informaton that the Listing Agent cannot tell you, the BUYER, because they work for the SELLER. click here to read more
5. 100% Representation, Disclosure & Protection. The Sellers Agents enters into legally binding contract agreement that requires them to ALWAYS act in the best interest of their client, the Seller. They are the seller's "coach" and will make sure that their clients' best interests are looked after. An experienced Buyer's Agent is there to make sure YOUR best interests are accounted for. click here to read more
Now that you feel comfortable knowing you'll be well represented by an Experienced "No-Fee" Buyers Agent that has been in the real estate business full-time for over 12 years, hover over the SALES tab above to start your new home search. Or email me by clicking the logo below and let me know exactly what you're looking for and I will do the search for you!
1. As a home buyer, any time you call the properties Listing Agent, you're putting yourself in a vulnerable position. That agent - the one with the name on the yard sign, in the newspaper ad or on the multiple listing service - represents the seller. They may be very well-intentioned, polite and usually professional. But as noted, they're just doing their job; it simply is not in their interest to tell you things that might be detrimental for their client; the sellers. In fact, even if they wanted to tell you things that might benefit you, they may be prevented contractually or even legally from disclosing critical information. back to top
2. When an experienced Buyers Agent drafts a purchase agreement, they will include certain contingencies that protect you from issues, such as a loss of financing, failed inspections, insolvant condo associations or unfulfilled promises. Most importantly, when you have an experienced Buyers Agent representing you, your Earnest Money Deposit is most always held in the Buyers Agents Escrow Account, and NOT the Sellers Agents! back to top
3. An experienced Buyers Agent will also be able to tell you how long the property your interested in has been on the market, how many price adjustments have been made, if a pre-foreclosure is looming and much more. An experienced Buyers Agent can also run an unbiased Comparative Market Analysis (CMA) to determine a prospective home's Fair Market Value from the Buyers point of view, not the Sellers. This way, you will know whether or not the seller has their home priced fairly. And with all the Short Sales and Bank Foreclosures (REO's) in todays market, you really need expert,up-to-date data. back to top
4. Information that may be detrimental for you and your finances. Outstanding building permits, for example, can go unnoticed until its too late, costing you untold headaches, not to mention fines that you may be responsible for. Condo associations on the brink of financial collapse is another big concern right now. back to top
5. You get an experienced professional who represents only your interests, and protects you throughout the entire purchase transaction. back to top
