There are many terms in real estate including REALTOR®, buyer’s agent, seller’s agents, listing agents, real estate agent, and so on. You may be wondering, “What is a buyer’s agent in real estate?” They can assist you as a buyer during every step of the sales process. They also are able to make the road to homeownership easier to navigate as they can save you time, money, and loads of frustration.
What is a Buyer’s Agent?
Specifically, a buyer’s agent is a guide for your home buying preparation, search, and sales transaction. There are many parts of the home buying process so if you are ready to house hunt prepare yourself for the process by calling the office of Jeff Barchi. A team member starts you towards a stress-free process without the hassle of writing your own paperwork, searching for the right home, or accurately estimating your mortgage.
A Buyer’s Agent vs A Listing Agent
A buyer’s agent supports homebuyers whereas a listing agent legally represents the home listing. Today, it is in your best interest to have a buyer’s agent to protect your interests during the purchasing process. You can also enjoy the many benefits a buyer’s agent can offer during the earliest stages of the home buying process. With the help of a buyer’s agent that works with your personality and your specific needs, the home buying process can be an experience of a lifetime.
What Does a Realtor Do For a Buyer?
After determining what type of property you are looking for, a REALTOR® can assist the buyer’s agent in the home buying process in the following ways (and more):
- Research available homes on the market
- Assist you in finding a mortgage lender
- Gain pre-approval
- Find a home inspector
- Coordinate a property tour, or open house
- Make an official offer
Why Use a Buyer’s Agent?
You already know that when it comes to making a real estate investment you need to have a buyer’s agent that can act as a business partner. Essentially, your agent is your personal sidekick during the homebuying process. For that reason, you want your agent to not only possess knowledge and experience but also offer you an experience with your best interests in mind.
Your agent should be able to walk would through every step of the purchasing process with your finances in focus for up to 5 years down the line. You may not be able to make realistic projections as to what your financial future looks like, however, with the help of a qualified buyer’s agent you can get a mortgage you can realistically afford.
The most notable benefits of using a buyer’s agent include:
- Determining the right property
- Negotiating the offer
- Recommending other professionals including reliable mortgage brokers, real estate attorneys, home inspectors, movers, and more
- Answering questions
- Overcoming roadblocks
How To Find the Right Buyer’s Agent
Having the support of the right buyer’s agent is part of an effective homebuying strategy. Look for an agent with exclusivity. A buyer’s agent that you want to work with will:
- Have extensive knowledge and years of experience
- Advocate on behalf of the homebuyer during the purchasing process
- Negotiate the property price with specific terms on the buyer’s behalf
- Write contracts, and offers, and prepare forms
- Advise you during the homebuying process
- Facilitate property inspections, repairs, and home improvements
- Offer consultations about financing options
- Attend to details, and answer questions
You may not already know what to look for in a buyer’s agent. Call the office of Jeff Barchi to talk to a professional team of real estate agents. Talking about the qualities you want in a buyer’s agent is the best way to find the right relationship in an agent for you.