Why have a buyers agent? First of all, when Sellers agree to list their property they agree to a commission which is paid to both the Realtor who lists the Seller's property and the Realtor who brings the Buyers to the table. The commission is typically split with the Buyers Agent at closing. Buyers should not think, because they are represented by a Buyer's Agent they are incurring an additional expense to pay their agent's commission. The commission is already taken into account by the Seller in their Listing Agreement with their Listing Agent. Sellers are willing to split the commission between the Realtor representing them, and the Realtor representing the Buyer. Sellers do this to facilitate the transaction, and are happy to have buyers brought to them. Secondly, buying a home for many people, represents one of the largest financial decisions of their lives, let me ask a question. When you are in a legal proceeding, would you have the lawyer representing the person sitting across the table from you represent you as well? The answer is so simple. Of course not. Why then, when buying a house or property, would you utilize the Realtor who represents the Seller to safeguard your best interests as the Buyer? Keep in mind that the Selling Agent represents the Seller first and foremost. They are bound by confidentiality and are negotiating to get the highest possible price for their Seller. Having a Buyers Agent is in the best interest of you, the Buyer. A good Buyers Agent will be skilled at negotiating the best price and terms on the home of your choice. They will also monitor the Buyers home inspection. The inspector looks for potential defects that are normally missed by the buyer. Once the inspection is complete, the Buyer's Agent can assist in negotiating any costly repairs needed. Therefore, the Buyers Agent does not cost you money and may actually save you money in the long run. Finally, a Buyers Agent can also save you a lot of time. Say you have ten homes you want to see. Without a Buyers Agent you'd have to call each Selling Agent and arrange a time to go and see each of their listings. A Buyers Agent has access to all the homes on the market and will promptly arrange showings for the homes you want to preview. This can be done all at once or over a few different time slots. As your Buyer's Agent I will help you throughout the entire home buying process, all the way from the pre-approval to handing you keys at closing.
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