THE
BUYER'S AGENT
A seasoned buyer’s agent is a rare commodity in the real estate
business. Many so-called buyer’s agents are actually rookie
agents working under listing (selling) agents, attempting to
represent buyers.
An authentic buyer’s agent is a home buyer’s advocate. A buyer’s
agent is a specialist in the home search process. He or she
is trained on the home buyer’s needs, researching daily for
homes that match your buying criteria and then previewing those
properties. The buyer’s agent invests the necessary time so
that you find the home that is right for you.
A buyer’s agent is prepared to protect and advocate your interests
as a home buyer. For example, a buyer’s agent holds a seller
responsible for covering the costs required to get the property
in order before the sales transaction is closed. In fact, a
buyer’s agent may recommend cancelling the transaction, and
thereby forgoing his/her commission, if the terms are not in
your best interest!
A buyer’s agent protects your deposit and other monies involved
in the transaction so that you do not forfeit your deposit if
problems arise, e.g., the seller doesn’t fulfill his obligations.
In this regard, a buyer’s agent may also recommend that the
subject property be inspected and that warranties on home appliances
be obtained.
Buyer's agents are specialists in negotiating and structuring
the transaction in the buyer’s best interests. They have experience
in getting more purchase offers accepted because they know how
to work with sellers and sellers’ agents. They remove potential
conflicts of interest that can exist between general selling
agents and you as the buyer, and in allowing the other parties
to feel comfortable in knowing that they transaction will close
on time.
Buyer’s agents show more available homes in the marketplace,
including homes that are for sale by owner (FSB0), than general
sales agents. They will show you exclusive listings, probate
sales, bank repossessions or foreclosure properties when available.
They will also drive the neighborhoods to uncover homes not
listed in the the realtor Multiple Listing Services (MLS) system,
and even have systems allowing you to buy directly from the
sellers of homes that are not yet on the market!
Perhaps best of all, a buyer’s agent will greatly lessen or
even remove the pressure that often exists in purchasing a home
through general sales agents. A buyer’s agent spends the necessary
time with you, working with you at your pace, so that you purchase
the the right property for you. In short, the buyer’s agent
works for YOU, the buyer.
SUMMARY
OF BUYER'S
AGENT ADVANTAGES
► Increased Home Buying
Choices. Accomplished through
expanded databases and strategic home search techniques, maximizing
the number of homes that match your criteria.
► Protection of Your
Best Interests. Removal of
conflicts of interest that exist in general real estate practices,
the provision of all critical information, and a watchdog advocacy
ensuring the seller complies with all of the agreement’s terms.
► Efffective Use of
Your Time. Complete research
presented to you on properties that match your criteria, and
the viewing of homes on your schedule.
► Financing Options.
Most comprehensive resources in residential lending, allowing
you to get the best loan to fit your particular needs.
► Buyer’s Agent Network.
Seasoned and proven buyer’s agents, hand-selected based on their
specialized training and experience in representing buyers.
The highest level of integrity and knowledge of real estate
practice are prerequisites to being part of this network.
Remember, a buyer’s agent gets paid like any other real estate
agent –-- by the selling side of the transaction –-- so you
do not pay for any real estate costs. You will still be responsible
for the closing costs on the loan, which are separate from the
cost of the property itself. The good news, though, is that
these costs have dropped drastically in the current competitive
real estate market.
So, you now know what we know: there are real advantages to
using a buyer’s agent. To facilitate this advantage to you,
the buyer, the Real Estate Club® operates an independent referral
service, enabling you to choose the right agent from a pool
of top level buyer’s agents.
To be referred to a buyer’s agent within the Real Estate Club®
network, please submit the form on the left. Happy house hunting!
If you would like to make an appointment to discuss how to maximize
your home equity when selling, please submit the form to the
left or call 858 270-1995.
PRIVACY
POLICY
We respect your privacy - All of your personal information will
remain within the Real Estate Club® network
to assist you in buying, selling or financing your home.