Buying a home is probably the most important purchase you'll ever make. A good buyer's agent will make sure that you make a wise financial move. Until a few years ago home buyers had no choice. They decided upon a home to buy and negotiated the contract without representation. Buyers no longer need to represent themselves during the home search and purchase.
Smart home buyers today can receive undivided confidential representation by choosing a "buyer's agent." In fact, 71% of home buyers surveyed in a recent Gallup poll for the National Association of Realtors said they would use a buyer's agent next time they purchased. Now you, like the seller, can have someone on your side looking after your best interests.
How can a buyer's agent help me?
Like other agents, a buyer's agent will show the buyer available homes, point out the property's features, provide financial information and submit the offer to purchase.
But that's not all. As your representative, a buyer's agent will share valuable and essential information with you if the agent knows it, such as:
- Whether the seller would accept a lower price;
- The seller's reason for selling and timetable;
- How long the home has been on the market;
- Previous offers and counteroffers for the property;
- Strengths and weaknesses of the property.
Most important for many buyers, you can ask a buyer's agent for advice and assistance in setting your offering price and structuring the other terms of your offer. What's more, you'll have peace of mind knowing an advocate is working on your behalf to help you buy at the best possible terms. A buyer's agent goal is to help you buy the home you want, and buy it at the right price.
The Bottom Line
If you want an agent to fully represent your best interests, if you want help evaluating a property, if you want someone to negotiate to get you the best price and the best terms, if you want to purchase a home in what's becoming the most popular way to buy, you'll want to enlist the aid of a buyer's agent. Please contact us to see how we can represent you in the purchase of your new home.
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