A buyer’s agent is a real estate agent who represents the home buyer. Once you are ready to begin looking for a house, you would need to prepare yourself for lots of paperwork, dealing with a flurry of real estate jargon and hordes of buyers competing for the same property. Does that sound too much to contend with? A buyer’s agent could take on those responsibilities for you and make sure you are handed those house keys at a price and time that is most reasonable for you.
Why hire a buyer’s agent?
There is no doubt that the house buying process can be rather stressful, especially for first time home buyers. A buyer’s agent brings along a wealth of knowledge and experience in the real estate industry. This can not only help buyers determine which house is right for them, but they also serve as good advisers with regard to offer negotiations. Their expertise also proves in handy when buyers require a good referral for mortgage brokers and home inspectors.
How to locate a good buyer’s agent?
It is a good idea to seek the advice of friends and family based on their personal experience. The internet can also serve as a good source if you have just moved to a new area. Take your time interviewing various agents before making the final call. Besides their basic qualification, some key determinants could be how long they have served the area in question and how many clients they have benefited from their expertise so far.
Drafting a buyer’s agent contract
When you agree to take on a professional as your agent, you will sign a contract that clearly outlines their services and compensation. This also serves as written proof that they will be your sole representative in the house hunt and you would not approach others to do the same. It is crucial that this covers in detail all of the services required by the agent so that there is no expectations gap later.
A buyer’s agent can make your life much easier as a buyer, so be sure to consider taking on the services of a professional who is not just well-qualified and experienced but also connects with you on a personal level. You can get in touch with me for any assistance or advice about buying or selling a home in Greater Boston. Feel free to call me or send me an email or get in touch on Facebook.
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