Why to Buy with a Buyers’ Agent

Buy With Confidence

Whether you are a first time home buyer or an experienced real estate investor, going it alone is often stressful, time consuming and much more expensive than you originally thought. Some people believe that if they buy direct from a seller, they will save the commission fees. This is far from the truth. Buyers who chose to buy direct often miss out on huge savings because they are unaware of information they could have used to negotiate a far better deal.

Who Represents You as a Buyer?

Unlike the seller’s agent, a Buyers’ Agent represents you, the buyer. He or she will put your best interests first, and will work diligently to get you the best deal. He or she has the field knowledge, experience and critical intelligence gathering tools to assist you. Your buyers’ agent knows the market inside and out. Understanding the local market is key when negotiating for the best price and terms.

Save on the commission?

The seller pays the agent’s commission. Many buyers mistakenly believe that if they buy directly from the seller or seller’s agent, he or she will save on the commission. That is simply not true. The seller will pay the same commission to his agent, regardless if you have an agent or not. Your buyers’ agent will negotiate a better price and terms on your behalf. You will end up saving more than you could imagine, in areas you didn’t know existed.

Finding Seller's Motivation

Your buyers’ agent tracks the seller’s pricing method and motivation. By understanding these two major negotiation components, you will add strength to your negotiation plan and complete a more favorable deal.

Having a third party negotiate on your behalf is the first rule of innovative negotiation techniques. If you negotiation for yourself, you may face situations where you must give immediate responses to questions you would rather sleep on. A third party negotiator buys you time to think and analyze the situation in a non-stress environment.

Your Protection

Your buyers’ agent will protect you legally throughout the process. He or she knows the local real estate laws and will assist you with all necessary legal paperwork such as the offer to purchase and the purchase and sale agreement. He or she will also refer you to top local mortgage agents and attorneys.