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Getting a Realtor or Agent assistance in Buying your Home

A buyer’s agent represents the buyer who is purchasing the property in real estate transactions. Research done by the National Association of Realtors shows that when an agent is used, the buyer found a home over a week faster and, on average, examined three more properties than a buyer who did not use an agent. There are no upfront disadvantages to using an agent because ninety-nine percent of the time there are no extra costs involved in using their services. However, there are many advantages to using a real estate agent.

Overall, agents can steer you through the closing process smoothly and have access to resources for assisting you in a home search which are not available elsewhere, giving you advice based on many years of experience around your property of interest. Here is a list of some advantages and services an agent provides you when buying a home:

  • Evaluate your specific wants and needs then locate properties that meet your specifications.
  • Can determine what you the buyer can afford (pre-qualify) and show you properties in that price range.
  • Accompany the buyer on the showing of a property, or preview the property on behalf of the buyer.
  • Research the property and investigate any problems a property may have. This would help a buyer make an informed decision prior to making an offer to purchase the property.
  • Present an offer to the seller and the seller’s agent on behalf of the buyer.
  • Negotiate on behalf of the buyer to help obtain the identified property, keeping the buyers best interest in mind.
  • Assist in securing proper financing for the selected property.
  • Provide potential qualified venders (movers, attorneys, carpenters, etc.)
  • Fully represent the buyer throughout the real estate transactions.

Even though there are clear advantages to hiring a buyer’s agent, every agent is different. You should ask questions pertaining to his schedule, qualifications and experience in your interested area. It would also be important to see if he or she can provide you with documents necessary for your own information on a property. For example a CMA (Comparative Market Analysis) would provide recent sales, sale prices for recently sold homes, and prices and listing dates for homes currently on the market in the areas you are interested in. A CMA will also include general information like square footage and local schools, community services, transportation and shopping.

When finding a real estate agent, referrals are the best way to go. Successful agents make customer satisfaction their number one priority. Ask people around you who they used and if they were satisfied with their services. Advice from family and friends would be most reliable when hiring an agent. Internet searches can be a quick alternative to finding an agent representing an area you’re interested in because of their listings in that area. This can also mean that the agents are likely to cater more to the seller than to you, the buyer. Finding an agent should be done with patients and good referrals. If you have a good relationship with your agent there shouldn’t be any disappointments when using there services.