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Protect Your Buying Interests as a Homebuyer

By
Real Estate Agent with KC House Whisperer

 

Considering Buying a Home?

- Protect Your Buying Interests - 

Did you know that when you buy a home that your interests cannot be fully and legally represented unless you have an agreement with a buyer's agent.  Using a buyer's agent does not cost you anything, they will represent you alone and can assist you in all negotiations.  In a typical scenario, a consumer buys a home from a sales agent that is listing that home and does not use a buyer's agent to represent them.  The homebuyer usually is told by the listing sales agent that they can assist them in finalizing the sales contract and the homebuyer feels as though they are represented.  However, in this example, the homebuyer is not and cannot be represented at all by the listing sales agent.  By law, this sales agent is representing the seller and cannot truly represent the buyer at all.  In this sales example, which is very common, the listing sales agent must act as a neutral agent to both parties.  So, in effect, neither party is fully represented or protected in this transaction.  This is why it is very important for a homebuyer to be fully and solely represented by using a buyer's agent. 

A homebuyer can use any real estate agent as a buyer's agent, but it is strongly recommended that you consider using a specialist buyer's agent.  A specialist buyer's agent has extensive construction experience and home inspection expertise that allows them to identify and find a homebuyer the best quality, most energy efficient home at the best priceSpecialist buyer's agents are considered the experts in home buying because they know their products better than any other sales agent. 

A specialist buyer's agent with construction and inspection expertise offers specialized services to a homebuyer that standard sales agents may not offer.  Some of these specialized buyer's services include:

  • A thorough home inspection walkthrough inside and out to possibly identify items or issues that may need to be repaired or replaced
  • Assist the homebuyer in price and features negotiations
  • Assist the homebuyer in obtaining city inspection and survey reports for review 
  • Assist the homebuyer in obtaining the best financing
  • Assist the homebuyer in recommending important inspections such as mold, termite, structural and mechanical

Remember, when you are ready to purchase your next home, strongly consider partnering with a specialist buyer's agent who will fully represent and protect your buying interests and assist you in finding your dream home.

Keith Worrel

Specialist Buyer's Agent

(913)940-0395

www.kcbuyersagent.net

Scott Slocum
Florida Future Realty Inc. - Cape Coral, FL
Scott Slocum & Associates 239-222-4800, Cape Coral
As a buyers agent myself I agree that it pays to have someone working hard on your behalf
Oct 31, 2007 02:07 AM
Kay Perry
Kay Perry, Broker - College Station, TX
A listing agent can do most of what is on your list but can not assist in price and features negotiation.  I'm mostly a listing agent and generally I pass callers on my listings on to other agents.
Oct 31, 2007 02:33 AM
Dale Campbell
Virginia Real Estate - Mechanicsville, VA
Keith - great post!  I always advise using a buyer's agent to any client.  They really have little to lose.
Nov 06, 2007 12:22 AM