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Understanding Buyer Agency: Working With a Realtor

Once you have decided to purchase a home, don't make the most common mistake most buyers make by calling any agent to show you homes.  Make sure you understand how Buyer Agency assists you when buying a home.

The purchase of your home can be one of your most important financial and personal decisions that you will ever make.  Finding and selecting the right Realtor to assist you is equally as important.  Working with a Realtor who is reliable, accountable, and responsive and one who pays attention to your individual needs and who acts on your  behalf; will save you time, money and aggravation.

By asking a Realtor to work for you exclusively, you create an Agency Relationship and become the Realtor's client.  You must always know who the agent is representing when searching for a home.  If you do not have a Buyer's agency agreement with your agent, the agent is Technically representing the Seller.

A Buyer's agent is committed to doing whatever it takes to find the client the ideal home that suits their needs  It takes endless hours of searching the MLS, previewing houses, providing market analysis of homes and
working with other agents -  A Buyer's agent commitment is to give you the client 100% effort until you find the right home, in the right neighborhood at the right price.
The Legal Obligations Of a Buyer's Agent To The Client:
Loyalty: Total and undivided loyalty.  
Confidentially To never disclose your confidential details to any other party to a transaction.  
Obedience:  To obey your lawful instructions
Accountability: We are accountable for our actions.
Reasonable Care: We use expertise, knowledge and negotiating skills for your benefit.
Disclosure: To disclose, both the positive and negative facts about the property  
The Benefits of working with a Buyer Agent:
  • We help you to locate, evaluate and negotiate the purchase of a property which meets your needs
  • We conduct a Market Analysis of the property, so you don't pay more than what the property is worth
  • We assist you in making an objective comparison of all competing properties comprehensive enough for you to make an informed decision as to the value of the property in question and to make an offer accordingly
  • We give you first access to any new listings that comes on the MLS system that suits your buying criteria
  • We disclose to you all the facts about the property (good and bad) and also any information we have about the seller 
  • We negotiate a strategy most likely to achieve your desired outcome
  • We help you to prepare and submit the first offer and protect your interests
  • We negotiate with all interested parties on your behalf
  •  We maintain confidentially in all your personal and financial details
  • We Provide you with access to independent solicitors, Mortgage Brokers, Home Inspection consultants.
  • All these Services are FREE of Charge to the Buyer
In Summary this is what we do best for our clients
  1. We fight on behalf of our clients
  2. We negotiate the absolute best price for our clients  
  3. We protect our clients interests
  4. We find our clients the best home that meets their needs
  5. We simplify the transaction for our clients as much as possible.  

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Published Tuesday, September 27, 2011 11:19 AM by E S

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