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What is a Buyer’s Agent?

Published by julia | Filed under Buyer / Seller Tips, Communities, Feng Shui Real Estate, Market Trends, Miscellaneous, Pinellas County Homes, Real Estate

In real estate, there are certain agents who are known as buyer’s agents. These agents are just like any other real estate agent in that they have to sell houses and they have to pass a test to qualify for a realtor’s license. However, a buyer’s agent is a bit different in that their main goal is to represent buyers during real estate transactions. They are looking out for the interests of the buyers and not the sellers, and they specialize in this. If you are buying a home, whether for the first time or the 50th, it is a good idea to get a buyer’s agent on your side.

A buyer’s agent first and foremost is out there looking for the perfect house for you, based on your stated qualifications. If you find one that you like and want to place an offer on it, you will be glad you have your buyer’s agent, because he or she will handle all of the negotiations with the seller’s agent for you, including getting the seller to come down on the asking price, prompting the seller to make needed repairs before the sale, and more. If there is something about the house that you would like changed before the sale is complete, your agent will negotiate that on your behalf, so you never have to do any of it on your own.

A buyer’s agent is also useful where paperwork is concerned. Everyone knows there is a LOT of paperwork to be signed when buying a house. If you have a good buyer’s agent, he or she can take care of processing all of these documents for you, so all you need to do is sign and be done with it. If you need anything explained, your agent will explain it to you so that you understand. If you are in the market for buying a house and are a little overwhelmed by the process, then getting a buyer’s agent is an invaluable resource to you. Find one by looking around your local area online or by calling your state board of realtors to get recommendations.

February 11th, 2010

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Julia