top of page
  • Writer's pictureSharon

Buyer's Agent: A Trusted Guide & Free Resource

Updated: Mar 22, 2019

House hunting? It’s a jungle out there.

From competing buyers and multiple offers, to paperwork and deadlines, to inspections and negotiations, home buying can be a stressful and complex process. For this reason it is advantageous to have a trusted advisor that is a full-time professional at your side, especially if you’re a first-time homebuyer. And the best part? It's free for buyers.

You may be familiar with different kinds of real estate agents—buyer’s agents, listing agents, seller’s agents, etc. As a buyer, you’ll need a buyer’s agent to assist you through each stage of the process, which will save you a massive amount of time, money, and energy.

What does a buyer’s agent do?

They provide these essential services:

  1. Assessing your needs

  2. Finding the right property

  3. Advocating for you

  4. Negotiating the offer

  5. Offering an objective professional point of view

  6. Providing a buffer

  7. Recommending other professionals

  8. Helping overcome setbacks

  9. Expediting the process

  10. Handling the details

Another advantage – Confidentiality.

A buyer’s agent legally represents you as opposed to the seller. Say you’re at an open house chatting with the seller’s agent. You’re gushing about how much you love the house and how quickly you need to move because you’re expecting a baby, your apartment lease is expiring, or you’re transferring for work. This could undermine your ability to negotiate if the seller’s agent shares this information with the owner. A buyer’s agent is in your corner and may be aware of these needs but keeps these details private from the seller to preserve your bargaining power.

Working with a buyer’s agent.

Home buyers don't need be concerned about the cost of hiring a buyer's agent because the seller pays for the service. The home seller pays a commission that is divided between the listing agent and the buyer’s agent.

Usually, the commission is a percentage of the home's sale price, which is divided between the buyer's agent and seller's agent, and then split again between the agents and their brokerages.

Have questions? Ready to look for a house? Get in touch.

#homebuyers #buyersagent #buyers

53 views0 comments

Recent Posts

See All
bottom of page