Why You Need a Buyer’s Agent

 

 

 

 

 

 

 

 

If you’re buying a home for sale on 30A, it makes sense to work with a real estate agent who’s just as committed to your success as you are.

When you hire a buyer’s agent to help you find your dream home, he or she will:

• Take the time to understand exactly what you need and find homes that meet your needs
• Give you frequent updates on new homes that hit the market
• Schedule to tours of homes that you want to see and go with you to each
• Negotiate with the seller on your behalf when you make a purchase offer
• Handle all the legal paperwork required to buy a home
• Refer you to other professionals who can help you on your home-buying journey

Why You Need a Buyer’s Agent When You Buy a 30A Home

Your agent will have a fiduciary duty to you. Fiduciary duty is a legal obligation of one party to act in another party’s best interests. In real estate, that breaks down to several specific obligations, including:
Accounting. Your agent must account for all the funds you entrust him or her with.

• Care. Your real estate agent is required to use all of his or her skills, to the best of his or her ability, on your behalf. This goes for every aspect of the transaction.
• Confidentiality. Your Realtor will keep your information confidential (especially information that could be damaging to you during negotiations).
• Disclosure. Your real estate agent must disclose any information he or she has that will give you an advantage in negotiations.
• Loyalty. Your agent is responsible for providing you with undivided loyalty, putting your interests above his or her own.
• Obedience. Your agent has to obey all lawful orders that you give him or her, such as changing the price on your home.
• Besides fiduciary duty, your agent will be there for you every step of the way. His or her primary concern is helping you make the most informed decision possible.

Understanding Your Needs

Your agent will ask you all the right questions about what you need from your next home. He or she will learn about your budget, how many bedrooms and bathrooms you need, what neighborhoods you like and what types of homes you prefer. That way, he or she will be able to zero in on the best possible homes for your needs.

Providing Listing Updates

The buyer’s agent you hire will be able to send you new listings that meet your needs as soon as they hit the market. He or she will also let you know when a home you’re interested in has changed price, or when something you liked has been sold.

Scheduling Tours

Your agent can schedule tours in all the homes you want to see. He or she will call the seller’s agent and ask questions for you, as well as write your purchase offer when you find “the one.”

Handling Tough Negotiations

When it’s time to negotiate with the seller, you need a trained expert on your side – someone who knows how the process works and what you can (and can’t) use as a bargaining chip. That’s where your agent will really shine. He or she will present your offer to the seller’s agent and use proven negotiating techniques to get you the best possible price on a home.

Managing Legal Paperwork

Buying a home requires a lot of paperwork, and your agent will juggle most of it for you. You’ll still have to work with your lender, but when it comes to the transfer of real estate property between you and the seller, your main responsibility is to sign the dotted lines your agent highlights for you.

Referring You to Other Professionals

You’ll need a home inspector, an insurance pro and maybe even a lender. Your real estate agent has connections all over the community based on his or her transactions with other buyers, so don’t worry; you’ll have easy access to all the experts you need to make your transaction go smoothly.

Should You Sign an Agreement With a Buyer’s Agent?

You can sign an agreement with your buyer’s agent that says he or she is committed to working in your best interests. In fact, many agencies require you to sign something like this.

Who Pays a Buyer’s Agent?

Typically, the seller pays both real estate agents’ commissions. It doesn’t usually come right out of the seller’s pocket, though; usually, it comes from the profits of the sale, and it’s all handled on closing day. What that means to you: You get the benefit of working with a seasoned professional on the seller’s dime.

Are You Buying a Home Along 30A?

If you’re buying a home in Grayton Beach, Panama City Beach, Destin, or any of the surrounding communities, we’d love to help you find the perfect place.
Call us at 850-213-3048 or get in touch with us online to let us know what you’re looking for. Our expert 30A real estate agents will start searching for your dream home right away.