What is a Real Estate Buyer's Agent ?

A real estate Buyers' Agent represents the consumer who is purchasing the property in the real estate transaction. This agent owes full fiduciary responsibilities, duties, and loyalty to the Real Estate Buyer. The Buyers' Agent works for the Buyer Client and has the Clients best interests in mind through out the entire real estate transaction process. Usually there are no additional fees or costs to the Buyer Client to utilize the professional services of a Buyers' Agent!

Why use a Real Estate Buyers Representative ?

As a consumer, how often do you buy real estate property? Once, twice, three times in your lifetime? Purchasing real estate is a complex and major transaction with many details to be handled. In the majority of cases the seller will be represented by an agent. Wouldn't you want to have complete and fair representation to the real estate transaction?

The real estate Buyer Agent is responsible to protect their Clients' best interests. Research by the National Association of Realtors has shown that when a Buyer Agent is used, the prospective Buyer found their home one week faster and examined three more properties that those consumers who did not use a Buyers Agent. Research has also been substantiated that those same prospective Buyers saved a considerable amount of money regarding the final sales price and closing costs largely due to the knowledge and negotiating skills of the Buyers Agent employed on their behalf.

The Benefits of Using a Buyers Agent
Using a Buyers Representative offers the consumer many benefits.

Evaluate the specific needs and wants of the Buyer and locate properties that fit those specifications. Assist the Buyer in determining the amount that they can afford (pre-qualify or have pre-approved) and show properties in that price range and locale the consumer has determined. Research the selected properties to indentify any problems or issues to help the consumer/client in making informed decisions prior to making an appropriate offer on the property. Advise the Client on structuring an appropriate offer to purchase the selected property including the offering price, terms, and conditions. Present the offer to the sellers agent and seller on the Clients behalf. Negotiate on behalf of the Buyer Client to help obtain the identified property bearing in mind that the Buyers Agent will be negotiating with their Clients best interests foremost. Review and explain all contract elements and legal documents to their Buyer Client. Make recommendations and give advisory assistance in securing appropriate financing for the selected property. Provide a list of qualified potential vendors e.g. Home Inspectors, Attorneys, Insurers, Movers, Contractors, etc., if it is determined that these services are required by the Consumer. Provide coordination and oversight of the closing process and Buyer Clients relocation. Usually there are no additional fees or costs to the Buyer Client for the professional services of the Buyer Agent!!!

Most importantly, the Buyers would know that they are fully and professionally represented throughout their real estate transaction.

 

Return to Home Page

 

Bob Pritchard
Coldwell Banker King Thompson
 614-431-0808


email: bob@bobpritchard.org ( www.bobpritchard.org )

Equal Housing Opportunity ..

REALTORŪ -- A registered collective trademark that identifies a real estate professional who is a member of the National Association of REALTORSŪ and subscribes to its strict Code of Ethics.  Each local board of REALTORSŪ is responsible for enforcing the Code of Ethics.  Inquiries regarding the Code of Ethics should be directed to the board in which a REALTORŪ holds membership.
All information presented is subject to errors, omissions and revisions and is not warranted.
"This is not intended to solicit property currently listed with another REALTOR."
 
 
.

 

 

Home

Zip Codes

My Pledge

Other Services

Bank Owned Properties List

Buyer Info

FAQ Page

WHY?

Request BPO

Feedback