Often the question gets asked, "Why should we hire a Buyer's Agent? Can't we just call the phone number on the sign to see the house and make an offer if we like it?" Well, sure. A Buyer can certainly call the Listing Agent, and they'll be happy to give more information about the property and maybe even schedule a showing. Afterall, the Listing Agent represents the Sellers, who have hired them to represent them, and their best interest, in the sale of their home.
Just a minute, though, Mr. and Mrs. Buyer. Shouldn't someone be representing you, and your best interests?
Enter the Buyer's Agent.
When it's been determined that the purchase of a new home is in the cards, hiring a Buyer's Agent is a valuable service to ensure someone's in the Buyer's corner during the transaction. Best of all? It's free to the Buyer.
A Buyer's agent will educate you on the market, and let you know what is available in your price range in your area. A good Buyer's Agent will help to keep emotions at bay, and ensure that you get what you want, in the time that you want. They will analyze your wants and needs, and help you to prioritize the "must haves" from the "nice-to-haves", guiding a Buyer to homes that fit their criteria, eventually helping to narrow the choice down, and an offer made, on "the" one.
The real work begins when the choices have been narrowed down, and an offer on a house goes to the Listing Agent. Negotiating on your behalf, checking and double-checking paperwork and deadlines, and solving any other problems that may arise, the Buyer's Agent has their client's best interest at heart.
A Buyer's Agent will also be able to recommend and help to coordinate the work of other needed professionals. From lenders, to contractors, to home inspectors, and closing attorneys, the resources and experience that they've had in working with one professional over another, can sometimes make or break a transaction.
All this, and the services of a Buyer's Agent are free to the Buyer. When the Seller's listed their house with their Listing Agent, they agreed on a fee, or commission, for the sale of the house. A percentage of that commission is split between the Listing Agent and the Buyer Agent, therefore, no cost to the Buyer.
A Seller's Agent has the Seller's Best interest at heart. A Buyer deserves the same. Mr. and Mrs. Buyer, do yourselves a favor: hire a Buyer's Agent to help guide you through, likely, the largest investment made in this lifetime.
Melissa Rolland is a licensed Connecticut realtor. She lives in Tolland, along with her husband Todd, a licensed broker. Together they manage the Rolland Realty Group at Keller Williams Realty. You can connect with them at www.RollandRealtyGroup.com