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Why Use A Buyer's Agent?

 

A real estate Buyer's Agent represents the consumer who is purchasing the property in the real estate transaction. This agent owes full fiduciary responsibilities, duties, and loyalty to the real estate buyer. The buyer's agent works for the buyer client and has the clients best interests in mind throughout the entire real estate transaction process.

The agent is sometimes compensated by the buyer through a negotiated fee. In some states the commission is paid by the seller or split between the buyer's and seller's agents based on the selling price of the real estate property. It is important for the consumer to discuss the buyer agent's compensation in the initial interview. In many cases it is recommended that the consumer and buyer agent agree to the terms of compensation prior to viewing real estate properties and sign a written agreement based on these terms. This agreement should spell out the responsibilities of both parties throughout the real estate transaction. It is important to note that in some states, legislation has been enacted to protect the buyer to the point that absent a written agreement the agent represents the buyer throughout the real estate transaction.

The Benefits of Using a Buyers Agent

Using a Buyers Representative offers the consumer many benefits. These benefits include:

1.
Assisting buyers in setting the amount that they can afford (pre-qualification) and visiting properties in that price range and area the consumer has outlined.
 
2.
Considering the specific needs and desires of the buyer, and locating properties that fit them.
 
3.
Visiting properties and either accompanying the client on the showings, or previewing the properties on behalf of the client to insure that the identified needs are met.
 
4.
Researching the selected properties to identify any concerns to help the buyer in making an informed decision before making an offer on the property.
 
5.
Helping the client on structuring a suitable offer to purchase the selected property.
 
6.
Presenting the offer to the seller’s real estate agent and seller.
 
7.
Negotiating on behalf of the buyer client to help obtain the desired property. The buyer agent will be representing their client's best interests!
 
8.
Explaining all legal documents (paperwork) to their buyer client.
 
9.
Recommending and assisting in securing firms and individuals in financing for the selected property.
 
10.
Presenting a menu of potential qualified service vendors, such as: movers, attorneys, carpenters if these services are needed by the consumer.
 
11.
Above All, the buyer would know that they have been completely represented and advised throughout the real estate transaction.
 

 

If you need to find an experienced Buyer's Agent...

1. Call us a 1-888-LOAN-200 for a quality Realtor referral in your area,

2. E-mail us with an inquiry for a referral in your area,

We highly advise you to check out our FREE REPORT "The 24 Critical Questions To Ask A Realtor Before You Sign Anything" so you will know how to interview a prospective Realtor.



For More Critical Information About Getting Preapproved
For A Home Loan, You Can:

1. Click Here to fill out our On-Line Pre-Qualification form - and a Loan Specialist will contact you back with the information you need to move forward;

2. Call us at 1-888-562-6200 and speak directly to a Loan Specialist who can help you find the right rate and program for your personal needs.

3. Schedule A Call Back Time for a Loan Specialist to contact you when it is most convenient for you.

4. Take a look at our FREE REPORTS list;

We know that educating you is the best way to serve you, and we are honored to have the opportunity to assist you when you are in need of mortgage financing. Please do not hesitate to use our services to suit your specific needs!

 

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