What Is a Buyer's Agent?
A Trusted Guide Who'll Help You Find a Home
The Buyer's Agent has secured property on behalf of it's clients. Whether it is a private home, rental or investment property. BA's dedicated consultants can help you find the home of your dreams.
You might have heard of buyer's agents, seller's agents, listing agents, and so on. You're a buyer, so what is a buyer's agent? True to their name, buyer's agents assist home buyers every step of the way; they can also save you tons of time and money on the road to homeownership.
Benefits of using buyer's agents
A buyer's agent will guide you through the home-buying transaction and be at your disposal for any questions or concerns
- Find the right property:- After determining what clients are looking for and what they can afford, the agent will schedule appointments to tour homes that fit the bill. The agent can also explain the ins and outs of various properties and neighborhoods to help buyers decide which home is right for them by explaining the pros and cons of various options.
- Negotiate the offer:- The buyer's agent will advise clients on an appropriate price to offer and present it to the seller's agent. "Then they will negotiate on your behalf and write up the contracts for you,"
- Recommend other professionals:- A buyer's agent should also be able to refer you to reliable mortgage brokers, real estate attorneys, home inspectors, movers, and more. This can also help expedite each step of the process and move you to a successful sale all the faster.
- Help overcome setbacks:- If the home inspector's report or appraisal brings new issues to light, a buyer's agent can advise you on how to proceed, and then act as a buffer between you and the sellers or their agent. If negotiations become heated or hostile, it's extremely helpful to have an experienced professional keeping calm and offering productive solutions.
How to find a buyer's agent
A good buyer's agent can ease your way to homeownership—and a bad one can result in a bumpy ride. It's best to interview at least three agents and ask them a few questions, including the following:
- What neighborhoods do you specialize in? Real estate requires local expertise, so you should find an agent who's
extremely familiar with the areas you're interested in.
- What's your schedule and availability? Part-time agents who are committed can do a fine job, but if the house of your dreams
pops up or you encounter last-minute closing snafus, you want an agent who will be readily reachable.
- How long have you been a real estate agent? You ideally want someone with a couple of years of experience, and a proven track record of selling homes.
