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Monday, April 26, 2010

Why Should Buyers Use A Realtor®?


Why Buyers Should Use A Realtor®

Many times buyers avoid using the services of a REALTOR under the mistaken belief that it costs them money - or that they will be able to negotiate a better deal directly with the seller or seller's real estate agent. This can be an expensive mistake when buying a home. If you are negotiating directly with the seller or seller's real estate agent, you may not be taking advantage of the best value available in the market today! You can have your own REALTOR, a Buyer Broker or Buyers Agent, who is committed to using the experience gained through hundreds of successful real estate negotiations for your benefit at no charge to you!

An experienced Realtor can help you avoid costly mistakes, find the best home value, and make your home buying or relocation experience an enjoyable, stress-free one!

When viewing homes for sale, it is important for homebuyers to know and understand for whom the agent helping with the house hunting is actually working. The agent may be working as a sub agent - representing the seller's best interests during negotiations - or as your agent representing your best interests during negotiations. If you are not sure who your agent is working for - ask for clarification. Realtors must fully explain agency. When negotiations commence, wouldn't you want to know whether information you divulge will be used for the seller's benefit - or yours?

The contract you sign to buy or sell a property is a complex and legally binding document. An improperly written contract can allow the purchaser or seller to void the sale, or cost you thousands of unnecessary dollars. Have an experienced Realtor who knows the "ins and outs" fully explain the contract you are about to sign to you, or have your lawyer review it before acceptance.


A buyer's representative will:


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 (pre-qualify), and show properties in that price range and locale.
Assist in viewing properties -- accompany the buyer on the showings, or preview the properties on behalf of the buyer to insure that the identified specifications are met.
Research the selected properties to identify any problems or issues to help the buyer make an informed decision prior to making an offer to purchase the property.
Advise the buyer on structuring an appropriate offer to purchase the selected property.
Present the offer to the seller's agent and the seller on the buyer's behalf.
Negotiate on behalf of the buyer to help obtain the identified property -- keeping the buyer's best interests in mind.
Assist in securing appropriate financing for the selected property.
Provide a list of potential qualified vendors (e.g. movers, attorneys, carpenters, etc.) if these services are needed.
Most importantly, fully represent the buyer throughout the real estate transaction.

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