What is a buyer’s real estate advisor?
A buyer’s agent is a licensed, professional real estate agent working on behalf of a home buyer. They officially represent the buyer in all aspects of their home purchase.
A good buyer’s agent shows you properties that match your criteria, helps you submit a competitive offer, negotiates price and terms on your behalf and supports you throughout the home buying process.
Why hire a buyer’s real estate advisor?
Buyer’s agents help you navigate the whole home-buying process, from your initial search through closing. Here are the key benefits to using a buyer’s agent:
- Listings are available immediately
Buyer’s agents have a strong grasp on the inventory in your area and may have access to more listings than you see online. Agents will have access to listing the minute they hit the market.
- Skilled negotiations
Your agent will help you determine a fair market value for a home before you make an offer and give their expert input on a strategic offer based on market conditions. Then, they’ll negotiate with the seller’s agent on your behalf, helping you come to an agreement on price and terms.
An experienced agent can be invaluable in all phases of the process, whether it’s knowing when to expect a counteroffer or red flags in an inspection report. They are a trusted advisor who can give you honest guidance that could save you time, money and stress.
- Advisory recommendations
An experienced agent can recommend lenders, real estate attorneys, escrow officers and home inspectors they trust. If your agent and these professionals have a strong working relationship, they can often work together to streamline processes and keep the transaction moving forward.
- Paperwork management
From offer paperwork to contingencies to closing documents, buying a home requires a lot of paperwork. Your agent will gather documents, explain your rights and obligations under the contract terms, ensure nothing is missing, and walk you through everything that needs to be signed.
Here are some tips to help you find the right one
First, ask friends and family who they have used in the past and get their opinion. If there is someone they recommend, you can contact them and see if they are the right fit.
Secondly, research different agents in the area to get an idea of the services they offer, their fees, and their experience. You can check their website, read customer reviews, and even look up their license information to make sure they are certified to help you.
Thirdly, interview different agents and ask questions about their experience, how they handle different situations, and what services they offer. This will help you get a better understanding of their capabilities and how they may be able to help you.
Lastly, make sure you trust the agent and feel comfortable working with them. You need to be sure that you have the same goals in mind and that they are willing to go the extra mile to help you find the perfect home.