Hiring a buyer agent can make your home search process much easier and more efficient. Listing agents have a legal responsibility towards their clients which means they place a specific client’s needs first. However, you can enjoy this same sort of relationship with a buyer’s agent. William Tierney, an associate in our Scituate, MA office, describes the importance of and services provided by a buyer’s agent. Read more of his insight into the real estate market at his blog .
As a buyer looking at homes for sale, you have the benefit of buyer representation for your property purchase. Listing agents have a legal responsibility to protect their seller client. They will treat all non-clients fairly, but they must promote their best interests of their client above any others. As a buyer, you may have equal service and protection from your agent. Simply communicating with a real estate professional does not automatically create the relationship. It is important that you officially enter into a buyer agency relationship. Below are tips on Buyer Agent Services and the benefits of hiring a buyer agent.
The Benefits Of Hiring A Buyer Agent
The word agent means fiduciary. Buyer agents owe their clients fiduciary duties of confidentiality, care, obedience, accounting, disclosure of material facts, and diligence. They assist their clients through the process of buying a home and provide guidance and support every step. The home buying process can be confusing and emotional. Buyer agents use their experience to develop creative solutions to issues. They understand your interests and goals and translate them into effective communications with other people involved in the transaction. They are essential personal tour guides for what will be one of the most significant events in your life.
Buyer Agent Services
Agents perform many tasks throughout the home purchase process. In the initial stages, they help you consider options, and compare properties. Once you identify a home you would like to buy, they assist with preparing offers, analyzing inspection results, meeting important deadlines and navigating through the financing process. They can also direct you to other experts, such as inspectors, as needed.
Selecting Buyer Representatives
Consider your preferences. Do you like to search properties or have an agent filter through and select them for you? How tech savvy do you want your agent to be? Do you want one with specific specialties? Are you looking at a unique type of property that may warrant additional experience? Do you prefer specific types of personalities? Asking yourself these questions will help you better evaluate Buyer Agent Services available and choose an agent that best suits your needs.
Do you have a buyer’s agent?