What Is a Buyer Broker?
True to their name, a buyer’s agent helps real estate buyers navigate the real estate market. They can also save you time and money on the road to your new home. As a buyer agent I am legally bound to serve clients with loyalty, obedience, disclosure, confidentiality, reasonable care, diligence, without any conflict of interest. It is my duty to obtain the best price and best terms for my client.
As your Buyer Broker, you are not going to get lost in the fray because you are going to work only with me and I take a limited number of clients. As my client you are my priority, I put your best interest above all else. It doesn’t matter if you are looking at a 150K home or a 3.8-million-dollar home, you will get the same service from me.
Lynne Bertram Real Estate is a non-designated agency. I really believe that you can’t have a buyer and seller represented in the same office. However, it happens all the time. I will only represent you.
When I offer my services as a buyer broker, I look at the information about the property and all the properties I will be showing. When we zero in on one I verify absolutely everything that that broker has said, you would be amazed at how often I find errors. Details about cost of fuel, deed issues, title problems. When you take a listing, you should do all of that, unfortunately that is not always the case.
There are many benefits of using a buyer broker when buying a home
A buyer broker, often referred to as a buyer’s agent, will guide you through the home-buying process and be at your disposal for any questions or concerns.
Find the right property. After learning what you’re looking for and what your price range is, the agent will schedule appointments to tour available properties. The agent can also explain the ins and outs of various properties and educate you on the area.
Negotiate the offer. The agent will advise clients on an appropriate price to offer and present it to the seller’s agent. They will negotiate on your behalf and write up the contracts for you.
Recommend other professionals. A buyer broker should also be able to refer you to reliable local professionals such as mortgage brokers, real estate attorneys, home inspectors, and movers you may need. Having this knowledge can help expedite each step of the process.
Help overcome setbacks. If the home inspector’s report or appraisal brings new issues to light, an agent can advise you on how to proceed. They can also act as a buffer if negotiations become heated or hostile. Being an experienced professional your buyer’s agent can keep calm and offer productive solutions.
Have more questions? Contact Lynne today, click here.