What Does A Buyer's Agent Actually Do?

What does a buyer's agent actually do? When a client asks that, we as Realtors need to have our response ready.

Here is MY response:

- The first thing I do is make sure that the person is prequalified. Most clients are NOT, so it is my job to assist them in finding a mortgage consultant that can meet their needs. If they are cash buyers, explain what I need for 'proof of funds'.

- We discuss their WANTS vs NEEDS when making the list of properties that are going to be considered. Once we know the price range, we need to find out what things they have to have in that home. It can be something like: it MUST be in a certain school district or it MUST have a three car garage and four bedrooms.

- The MLS search is presented to the client and together we narrow that down to decide on which homes to actually view.

- Showings take place and market analysis prepared. Once we have a home or a couple of homes in question for an offer, we view tax records, sale records, what permits were pulled and why. This is all important information before we make the initial offer.

- Negotiate the deal and the contingencies

- Handle escrow and getting necessary paperwork to the title company

- Be AT the inspection(s) and review the inspection report)s) with both the inspector AND the client

- Handle any warranties and anything that came up from the inspection(s)

- Remain in CONSTANT contact with the title company and mortgage person to make sure that we close on time without problems. Address any issues immediately and be sure client submits all paperwork regarding mortgage on time.

- Make sure appraisal and survey have been ordered at appropriate time

- ATTEND the closing!

- Thereafter I stay in monthly contact with my client to make sure I am not only there for any questions that arise later, but that they want to use me again and refer me to friends and family!

These are my list of things that are done as a Buyer's Agent here in the Sunshine State.

Posted by

Buying or Selling - - Call Barbara-Jo for all of your real estate needs! - - 727-755-3292

barbara jo roberts berberi, realtor
Ich Spreche Deutsch!!!  
TRC

Barbara-Jo Roberts Berberi, MA

Charles Rutenberg Realty

Serving the Greater Palm Harbor Florida Area, including Crystal Beach, Ozona, Clearwater, Dunedin, Safety Harbor & Tarpon Springs Florida & surrounding area

Waterfront condos & homes
relocation, investment, upsizing, downsizing

Your Real Estate Specialist

727-755-3292 (Barbara-Jo)


visit my website to see all  current listings
www.barbarajo.com


connect with me online

If you are thinking of purchasing in the Palm Harbor, Crystal Beach, Safety Harbor, Dunedin, Tarpon Springs area or along our pristine Gulf Beaches, give me a call! With years of experience in the local real estate market, I am here to assist you in making one of the most important purchases of your life! Give me a call today! Find out for yourself why living along the Gulf Coast is indeed living in Paradise!  727-755-3292

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Re-Blogged 5 times:

Re-Blogged By Re-Blogged At
  1. Florida Tolbert Team Keller Williams Advantage 07/30/2012 04:39 AM
  2. Mary Yonkers 07/30/2012 06:14 AM
  3. William True 08/01/2012 12:41 AM
  4. Gabe Sanders 08/05/2012 08:25 PM
  5. John McCormack, CRS 08/12/2012 09:44 AM
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Ambassador
1,189,094
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Barbara, You certainly nailed the Buyer's Agent Description. We have to continue to educate the public about what we do for our buyers. Many of them don't have a clue what is all involved from start to closing.

Jul 30, 2012 11:28 AM #12
Rainmaker
1,317,857
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

~Barbara-Jo  A great post.  Too many buyers think all we do is "find" the house and that we are overpaid.  They have no idea how much we do for them unless we spell it out.

Jul 30, 2012 11:37 AM #13
Rainmaker
921,591
Elyse Berman, PA
Best Connections Realty, Inc. - Boca Raton, FL
Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR

Barbara Jo,  Well said!  An excellent post describing what we do as buyer's agents.  Some people have no idea; you have done a great job explaining it.

Jul 30, 2012 11:50 AM #14
Rainmaker
1,561,913
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

This is a great "what do you do" response.  It's hard to talk to clients about what we will do for them, since each transaction is so different.  If we could only insert the variable to this "what we do" it would be infinate.

Jul 30, 2012 12:03 PM #15
Rainer
171,615
Mike Warren
Real Estate - Colorado Springs, CO

Very well said Barbara. You've totally nailed it. These are exactly what buyers agent actually do. Thumbs up for this post!

Jul 30, 2012 12:09 PM #16
Ambassador
1,709,615
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and evening Barbara Jo

Barbara Jo my friend, Congrats on this here outstanding post of your's being Featured!!! I'm sure not at all surprise that you help and give support to your Buyer Clients!!! Folks sure can feel at ease when they are working with you! 

Have a good one

Dale in New Hampshire

Jul 30, 2012 01:31 PM #17
Rainmaker
161,942
Satar Naghshineh
Satar - Amiri Property and Financial Services Corp. - Irvine, CA

Well, that's alot more than my checklist:

Buyer's agent responsibilities:

1. open door

2. turn on lights

3. write offer

4. collect money from the listing broker

;)

Jul 30, 2012 03:03 PM #18
Rainmaker
1,076,262
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Barbara Jo, you have put together a great list of topics that are addressed by Buyer Agents.

Jul 30, 2012 04:56 PM #19
Rainer
33,580
Rocky Tkacz
Keller Williams Elite Peninsula - Newport News, VA

I never thought to pull the permits, thanks for the idea.

Jul 30, 2012 08:59 PM #20
Rainmaker
2,286,335
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Barbara Jo,

You are the Real Estate Specialist for your area and you've outlined the perfect post packed with good information!

Have a great day!

Jul 30, 2012 09:17 PM #21
Rainmaker
4,799,006
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Congrats on the feature.  Great post that all buyers should read and take to heart.

Jul 30, 2012 10:06 PM #22
Ambassador
2,091,013
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

thanks for all of the wonderful comments!

Jul 30, 2012 10:21 PM #23
Rainmaker
2,035,874
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

I often scratch my head and wonder the same question.

Jul 30, 2012 11:01 PM #24
Rainmaker
2,589,994
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I always go out of my way to help a buyers agent...They work hard and are entitled to professional support

Jul 30, 2012 11:40 PM #25
Rainmaker
459,923
Kim Boekholder Utah Real Estate
Results Real Estate 801.580.5624 - Draper, UT
Broker, Results Real Estate
Great points I need to come up with a response. My neighbors just asked me the other day what a buyers agent does. I rattled off some items but I need a script for sure that includes more then I thought of off the top of my head
Jul 30, 2012 11:40 PM #26
Rainmaker
1,135,142
Gary Frimann, CRS, GRI
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

All good points, and I would add only one thing-- we, virtually working for free (we are investing our time) are to be area experts.  Buyers are mos tlikely to be unfamiliar with an area, and will rely on our experise about an area.

Jul 31, 2012 12:31 AM #27
Rainmaker
316,562
Sandy Acevedo
951-290-8588 - Chino Hills, CA
RE/MAX Masters, Inland Empire Homes for Sale

Hi Barbara-Jo, this is a very comprehensive list that really show the value of a Buyer's Agent. How can you not need one?

Jul 31, 2012 05:07 AM #28
Rainmaker
1,594,530
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Barbara-Jo- Great list you've compiled here. Do you give your buyers a written list of what your duties are? I find that no matter how much you explain to (SOME) buyers what you do as a Buyer's Agent, they still contact the LA to get a better "deal".

Jul 31, 2012 05:19 AM #29
Rainmaker
341,143
William True
True Sarasota Real Estate - Sarasota, FL
Sarasota Real Estate

Barbara-Jo, excellent post on the work of Buyer Agents! Sorry I missed this post when it came out. Well-deserved feature! I will reblog. Thanks.

Aug 01, 2012 12:40 AM #30
Ambassador
2,091,013
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

wow, thanks for the continued comments! I do appreciate it!

Aug 01, 2012 12:49 AM #31
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Palm Harbor, Dunedin, Clearwater, Safety Harbor
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