So you’ve decided to buy a home.
Purchasing real estate is probably one of the most complex transactions you may ever have. It is recommended that you have a buyers representative working in the best interest for you. The best way to be certain that an agent is working in your best interests is by signing a buyer representation agreement.
What is a Buyer Representative?
A real estate buyer’s representative represents a buyer whom is purchasing a property in a real estate transaction. A buyers representative works for, and owes fiduciary responsibilities to, the buyer and has the buyer’s best interest in mind throughout the entire real estate process. As your buyers representative I will:
- Evaluate your specific needs and wants.
- Find you homes that meet your specifications and desires.
- Assist you in the mortgage pre-qualifying process and show you homes in your price range.
- Accompany you on the showings, or preview the properties on behalf to insure that the identified specifications are met.
- Research the selected properties to identify any problems or issues to help you the buyer make an informed decision prior to making an offer to purchase the property.
- Advise on structuring an appropriate offer to purchase the selected property.
- Present the offer to the seller’s agent and the seller on my client’s behalf.
- Assist in securing appropriate financing for the selected property.
- Provide a list of potential qualified vendors (e.g. home inspectors, attorneys, carpenters, etc.) if these services are needed.
- Most importantly, fully-represent you, the buyer, throughout the real estate transaction.