|
Buyer
Representation
Buyer
Representation is now recognized in all states. As your
Buyer Representative, I work for you with your best interests
in mind throughout the entire real estate transaction.
The
broker or real estate salesman becomes the buyer's agent
by entering into an agreement to represent the buyer, usually
through a written buyer representation agreement. The agreement
will spell out the parties to the agreement, set forth the
area and term of representation, the type of relationship
that is authorized and who will pay the broker's fee. In
most cases the seller pays for the broker's fee through
MLS cooperation in a separate agreement between the listing
broker and the selling broker. In the case of new homes,
the builder usually pays the brokerage fee.
The
Real Estate Buyer's Agent Council of the National Association
of Realtors recognizes the benchmark of excellence in buyer
representation by the designation of the Accredited Buyers
Representative or ABR. As a designee I am able to provide
many benefits to consumers whom I represent:
Evaluate
the specific needs and wants of the buyer and locate properties
that fit those specifications.
Assist
the buyer in determining the amount that they can afford
and show properties in that price range and the locale the
buyer has determined.
Assist
in viewing properties and either accompany the buyer on
the showings or preview the properties on behalf of the
client to insure that the identified specifications are
met.
Research
the selected properties to identify any problems or issues
to help the consumer in making informed decisions prior
to making an appropriate offer on the property.
Advise
the client on structuring an appropriate offer to purchase
for the selected property.
Present
the offer to the seller's agent and/or the seller on the
client's behalf.
Negotiate
on behalf of the buyer client to help obtain a contract
on the identified property. Keep in mind that the buyer
agent will be doing so with the client's best interests
in mind.
Review
all legal documents with the buyer.
Make
recommendations and render assistance in securing appropriate
financing for the selected property.
Provide
a list of potential qualified vendors of services needed,
such as movers, inspectors, attorneys, insurance agents
and other qualified service providers.
As a
consumer, how often do you buy real estate property? Once,
twice, three times in your lifetime? Purchasing real estate
is a complex and major transaction with many details to
be handled. In the majority of cases, an agent will represent
the seller. Wouldn't you want to have complete and fair
representation?
For
more information on Buyer Representation or Buyer Agency
please browse the following:
What
is a buyer's agent?
Why
use a buyer's agent?
The
benefits of using a Buyer's agent
Please
browse our Relocation,
Financing
and School
Reports
sections for important buying details!
|
Tel
: (802) 846-9508
