Buyer Representation: The Buyer's Advantage

Buying a new home is a very important and often intimidating situation for many people. Here are answers to some frequently asked questions.

   DO I really need a real estate agent?If you are wanting to buy a property, having someone who works for and represents YOU is important. 

   WHAT'S the  buyers'representative going to charge me?  The agent's fee (commission) is usually paid by the seller, not the buyer.

   WHAT'S involved in  buyer's representation? You'll be asked to sign several agreements which authorize us to represent you and to promote your interests.  These include: a Real Estate Agency Relationship Disclosure, an Agency Agreement Addendum, and the Buyers Agency Agreement. We can then  team up to help you find the perfect property.

     HOW will we find the right property? As members of the RASE multiple listing service (MLS), we have access to over 1500 properties in the Sioux Falls area. We'll research those for your requirements and pass that information on to you.

     WHEN can I start looking for homes? f you don't have a pile of cash,  you should first get pre-approved for financing through a lending institution.  That way you'll know how large a mortgage you qualify for and what the payments and other expenses will be.

WHAT if I find something I want to see on my own? You should let your agent know so we can make arrangements with the owner for you to view the house. Of course you're free of attend Open Houses on your own.  Just remember to tell the host realtor that you're working with an agent.  We can view the house again at any time. 

WHAT happens when I find a property I want to buy?We will put together a purchase agreement which spells out what price you're willing to pay and any other  conditions of the sale.  We'll then present it to the seller's agent and negotiate the best price for you.