What is a Buyer’s Agent?
Why use a buyer’s agent?
A Buyer’s Agent Finds the Right Property
A great buyer’s agent spends time with a client discovering what’s important in a home. This includes location, size, rooms, amenities, and price. With the ideal house in mind, your agent finds all the possibilities and begins scheduling appointments to tour those homes. Your agent can help you envision how you fit into that space and talk through all the pros and cons.
A Buyer’s Agent Negotiates Oﬀers
Sending a price oﬀer can be the most stressful part of buying a home. How will you know how much to oﬀer? Will you risk oﬀending the buyer and closing oﬀ negotiations by presenting a low oﬀer? Get guidance from your agent about how much to oﬀer. Your agent can negotiate with the seller’s agent until all parties are settled on a price. Buyers often save money by having a buyer’s agent help them avoid homes with a lot of unseen damage and negotiating a fair price.
A Buyer’s Agent Recommends Professional Services
This can be especially helpful if you’re moving from another location. How do you know who’s reputable? Your buyer’s agent knows mortgage brokers, real estate attorneys, home inspectors, movers, repair contractors, etc. You save time searching for experts and make your house a home faster.
A Buyer’s Agent Overcomes Setbacks
Very rarely does a buyer purchase a home with no issues or setbacks along the way. If the inspector’s report or appraisal reveals previously unforeseen issues, your agent will support you, standing between you and the sellers and re-negotiate, if necessary. A home transaction is an emotional process for buyers and sellers. It helps to have an advocate with experience to oﬀer productive solutions.
Finding a Buyer’s Agent
You want to know what neighborhoods or house types are your agent’s speciality. An agent who specializes in working with first-time buyers may not know the luxury home market as well as an agent specializing in those.
How Much Does a Buyer’s Agent Cost?
Nothing. A buyer’s agent splits the commission with the seller’s agent. That commission is paid by the seller.
You have no reason to do this alone. Let the experts at Gateway Sotheby’s take the stress out of your house hunting experience.