What a Buyer Agent Is
In 1983, a Federal Trade Commission study revealed that over 70% of all home buyers nationwide mistakenly believed they were being represented by the agent who was showing them homes. As a result, laws requiring agents to disclose exactly who they represent have been passed all over the country. When consumers became aware that most agents worked for the seller, they began demanding their own representation thus the birth of The Buyers Agent!
A Buyer’s Agent acts solely on behalf of the Buyer – not the Seller. Their specialized knowledge and expertise is in assisting home buyers. Listing agents have homes to sell. A Buyer’s Agent does not try to “sell” you a particular home, because we don’t sell homes, we serve home buyers! A buyer who relies on the seller’s agent does not receive the same degree of legal protection as that afforded by an agent acting solely on the behalf of the buyer.
Benefits of Using A Buyer’s Agent
Is the agent representing you – the buyer? or are they representing the seller? Do you know? You really should!
Finding an agent who represents you and not the seller is important, especially during the negotiation process of purchasing a home. The agent should be actively finding you potential homes and keeping you informed of the entire process as well as negotiating furiously on your behalf and answering any and all of your questions with competence and speed.
Did you know.. if you are working with a buyer’s agent he or she is required to not tell the seller of your top price. He or she is will be focused on getting you – the Buyer – the lowest asking price available on your new home.
Did you know.. When using a buyer’s agent, you will see typically see more properties.
Here’s why –> Not only are they plugged into their local Multiple Listing Service but they will also be seeking homes that are listed as “For Sale By Owner” – it is their mission to find you a home – not to find a seller a buyer.
And Talk To Us About The Following
Things To Avoid Before Purchasing A Home
1) Major purchases
2) Changing Employers
3) Moving your money around
Don’t buy that new car yet!
1) Debt-to-Income ratios
2) How buying a car reduces your loan amount
Comparable sales and your offer price
1) Determining your offer price
2) Comparable Sales – General Info
3) Comparable Sales – Pending Sales
4) Comparable Sales – Public Record
5) Comparable Sales – Multiple Listing Service
Writing an offer – safeguards regarding the property
1) Disclosures from the seller
2) Property condition upon transfer
3) Inspections you should require
4) Final Walk-Through Inspection
How financing details affect your offer
1) Cash Offers
2) Seller Financing
3) Your Down Payment
4) Interest Rates and You
5) Other Financing Details in your offer
6) Closing Costs and Other Financing Incentives
Selecting service providers
1) Title Insurance
2) Escrow and Settlement
3) Termite and pest inspection
4) You and the Seller must agree
Kurt would like to give a shout-out to the many friends, acquaintances, associates and customers he’s come across in his many years of living and selling real estate in Florida:
Bathroom Renovations Texas
Start Your Dream Bathroom Renovation Today. Kitchen and bathroom renovations are our forte, but we execute any home improvement project with ease. We are a full-service residential and commercial renovation company.
theukgatecompany.com
Gate company founded in 2010 we have a strong relationship with one of the most established forged wrought iron manufacturers in Europe.
earthwisehauling.com
The Eco-Friendly Junk Removal Company. We offer the most professional & environmentally conscious Junk Removal and Hauling Services in the Long Beach area. Serving both residents and businesses, we are here to handle any and all of your Hauling and Removal needs.
theclozer.ca
When looking for home or cottage ideas to relieve your cottage opening stress, think The Clozer. Frozen water pipes can happen to anyone when winterizing home or cottage. A single frozen pipe can be expensive, but the damage from uncontrolled water leakage can easily reach into the thousands of dollars. To help with cottage or home winterization, you need The Clozer.
Econ BioHazard
Econ is honored to help you as a trusted crime scene cleanup and biohazard remediation experts. Our job is to clean and disinfect homes and businesses so you can focus on healing. We offer discreet, fast and professional cleaning services done by caring professionals who understand the impact traumas can have on your life.
dashtruck.ca
Truck freight forwarding broker in Toronto, Canada.
Connected Marketing
MLM advice.
customuniformcompany.com
Custom Uniforms.
gfifreight.com
Truck freight company serving USA and Mexico.
patmurray.ca
Criminal lawyer.
CBC News
The latest news from across Canada and around the world.
stars-of-texas.org
Benefits of using our disinfecting environment solutions uses EPA registered products Innovative technology offer “green” solutions environmentally conscious & friendly improve indoor air quality cost competitive & effective disinfecting.
urbrietaconstruction.com
Construction company in Dallas and North Texas including renovation services.
www.keywestislandrealestate.com
It can be easy to get lost in the ‘sea’ of real estate possibilities, even on a small island like Key West! Modern condos, single-family houses, classic cottages, Victorian style mansions, and commercial properties… It’s a difficult decision and it’s yours to make – we’ll do everything utilizing our sales and knowledge of the market to assist you along the way!