5 Advantages to Having a Dedicated Buyer’s Agent
In any home sale, there will be a buyer’s agent and a seller’s agent, which is also sometimes known as a listing agent. The buyer’s agent represents you, the buyer, while the seller’s agent represents the people selling the house you want to buy. One of the best ways to ensure you have a positive home buying experience is to have your own agent. Here are the top five advantages to having a dedicated buyer’s agent.
1. They only represent you.
When you select your buyer’s agent, you will sign an agreement that indicates that your realtor will work for you, exclusively with your best interest in mind. This is crucial. By signing this, your realtor confirms that he or she will work their hardest to get you into your new home on your terms.
Sometimes, people might view a house that they really like and think about using the listing agent as a dual agent. This is rarely a good idea because the listing agent is already committed to representing the seller to the best of their ability. If the agent is already committed to someone else, it’s not very likely that you’ll get fair representation.
As Alex Cortez, a realtor with Wailea Village Properties LLC in Kihei, HI, says, "Think about it this way: If you were getting sued, would you hire the same attorney as the person suing you? Of course not. You need someone who will diligently fight for your interests and rights."
2. They can help you find your house.
By hiring a buyer’s agent, you’re hiring a housing pro for your new area. Whether you’re just moving neighborhoods or changing cities entirely, it’s best to get sound advice from someone who knows all about the houses and their issues. Plus, realtors are often privy to information about houses that are about to go on the market. With someone home shopping for you all day, you can rest assured that you’ll move into the best home possible.
3. They negotiate your deal.
When you want to make an offer on a house, your dedicated buyer’s agent should negotiate your deal. This is one of the key roles of a buyer’s agent, and it’s a definite time for them to shine. A good buyer’s agent’s negotiating skills can end up saving you about 3-5% on your new home, depending on your new housing market.
Your agent knows the market and the other realtors. Let your buyer’s agent provide you with solid advice to help you get quickly and inexpensively through the home buying process.
4. They can recommend other professionals.
Another benefit to hiring a dedicated buyer’s agent is that they have a network of other professionals who work in real estate. For example, your realtor can recommend reliable mortgage brokers, real estate attorneys, home inspectors, insurance providers, movers, and more. If you have a need that pertains to moving into your new home, your dedicated buyer’s agent knows someone who can help.
5. They know how to help when there is a crisis.
Let’s say that that find yourself in the middle of a real estate crisis. Your home didn’t appraise for your agreed upon price. Take a deep breath, and let your buyer’s agent advise you. One of the best reasons for having an experienced buyer’s agent is that they’ve lived through a lot of real estate crises and fixed a lot of problems. More often than not, your realtor will know what to do in order to get you out of your crisis.
Whether you are currently looking for a home in the St. Joseph area or thinking of looking, contact one of our Buyer's Agents. At Ramseier Realty Group our entire team is dedicated to helping you get the home of your dreams. Give us a call today or visit our website.