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Why Hire A Buyer's Agent To Help You Buy Your Next Home?

By
Real Estate Agent with The Parsons Group, LLC/ Keller Williams Realty

Sorting through the tremendous housing inventory through the MLS or other online websites to find just the right home can be overwhelming.   We have gained success that comes from helping our clients find a home that meets your needs at a price that will be affordable as quickly as possible.

If nothing else, getting that much accomplished would be worth hiring a Real Estate Buyer's Specialist.

But what does a Buyer's Specialist bring to the transaction and ultimately the client that makes a difference?  How can a Buyer's Specialist "bullet-proof" your next home sale?

As we all know, the purchase of a home has become one of the most complex, potentially high-risk, and expensive transactions most people will ever go through.  Having an advocate is absolutely essential to ensure the interests of the buyer are fully and exclusively represented!

 

If a buyer strikes out on their own looking for a home without a licensed agent or broker they should consider these reasons why hiring a Buyer's Specialist before making an offer for a new home:

1. Buyer's Specialists Work For The Client...And the Transaction.  The Buyer Specialist not only represents the client's interests but also work on behalf of the transaction to advise the client on the full range of options and potential outcomes so they can make informed decisions throughout the home buying process.

2. Buyer's Specialists Lower The Client's Risk. When the client puts the Buyer Specialist on their team as an advocate, the client mitigates some of the risk of home buying through the Buyer Specialist's knowledge and understanding of the current market, their referral network of lenders, title companies, etc.

3. Buyer's Specialists Work for the Client at Their Own Risk. Can you name another profession that will go to work for a client on a contingency basis? And, the Buyer Specialist's commission is paid completely by the seller in most cases!

4. Buyer's Specialists Understand the Current Market.  The Buyer Specialist has invaluable house-by-house, street-by-street, and market-by-market experience which cannot be learned overnight. They have weathered the storm and pendulum swing between buyers' markets and sellers' markets and because they are still in business know how to adapt when the real estate market turns abruptly.

5. Buyer's Specialists Have Inventory.  The Buyer Specialist can find a home quickly.  With the Buyer Specialist by the client's side, they will find homes quickly and for the best price and the least stress possible.

6. Buyer's Specialists Have Information the Client Doesn't Have.  MLS data entry can take from one to 10 days, depending on the listing agent, his or her broker, and the rules and technology of the MLS and syndication data refresh timeframes.  By the time the home is posted on the Internet, it could already be sold, expired, or withdrawn.  Having the Buyer Specialist's  resources and technology on the client's team, they'll know instantly when a home comes on the market or a critical price change occurs so they can react quickly!

7. Buyer's Specialists Understand the Complexity of the Transaction. Less than a decade ago, a home could be bought with a two-page contract.  Now consumer-mandated seller's disclosures, environmental and structural reports, and other legal documents have turned the home transfer into a potential minefield.  The client needs someone on their team who understands the entire transaction process and will advise them on the important issues that will minimize their risk?

Hap Parsons
The Parsons Group, LLC

Keller Williams Realty
7820 Sudley Road
Manassas, VA 20109
Office: (703) 656-4358
Fax: (703) 991-8176
E-mail: info@tpgrealtors.com
Website: http://www.tpgrealtors.com

Real Estate For Real Life

The above information applies to Virginia and may not apply to your local area.  Please check your local policies, laws, and regulations.

Copyright, 2009, The Parsons Group, LLC.

The Parsons Group, LLC agents are licenced in the Commonwealth of Virginia and provide real estate service to Northern Virginia, Culpeper, Fairfax, Fauquier, Loudoun, Prince William, and Stafford counties, the cities of Fairfax, Manassas, and Manassas Park, and towns of Ashburn, Bristow, Centreville, Chantilly, Gainesville, Haymarket, Herndon, Leesburg, Reston, and Sterling

Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Hap,

Well put and lots of information for potential buyers.  I believe it is important to outline the benefits of using buyer agents to those who may not be aware of the advantages.

Best wish for the coming year.

Jan 23, 2009 01:06 AM
The Parsons Group LLC
The Parsons Group, LLC/ Keller Williams Realty - Manassas, VA
Real Estate for Real Life

Thanks, Jennifer.  As a listing agent, it's interesting with some of the comments from buyer calls.  One that amazes me is buyers wanting to work directly with the listing agent because they think they can negotiate a "better deal".  I'm all for double-ending deals, but I think that says something about buyers not understanding agency/representation and how buyer specialists are perceived in the transaction.

Hope to see you at Reunion!

Hap

Jan 25, 2009 04:27 AM
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I see the same types of comments.  Often times I have to tell potential buyers that I can sell any property listing in Florida.

I'll be at the reunion as well.  Hope to see you as well.

Jan 27, 2009 12:17 AM