Page 3 - BUYING A HOME

What is a Buyer’s Representative?

You’ve been searching for homes online, driving by interesting properties in your car, and found the one that
looks perfect. What do you do next?
Contact the listing agent featured on the yard sign and the online listing? While that may sound like the most
logical next step, it’s a common home buying mistake! Sure, the listing agent knows the property but that’s only
because they’ve been hired by the seller to help them sell the house. Their number one job is get the most
money for the property. Does that sound like an agent who will be looking out for YOUR best interest? Buyers
will be better served if they avoid the listing agent all together as anything you tell them may hurt your
negotiation position and instead hire a buyer’s agent to represent them and their interests. Additionally, since
commissions paid to agents are predetermined and written into the listing agreement, representation from a
buyer’s agent such as much is completely free! As your trusted representative you can expect me to:

Help Arrange Financing: 1.) Assist in locating sources of mortgage loans 2.) Help examine how much you
can afford 3.) Compare different financing options 4.) Provide information on purchasing incentives
5.) Educate you on closing costs 6.) Recommend local and trusted lenders
Assist In Finding The Right Property: 6.) Identify your needs and wants in a property 7.) Find appropriate
available properties 8.) Set up an automated email alert system that immediately notifies you of
properties fitting your requirements 9.) Sort through inaccurate information 10.) Provide access to all
MLS listed properties by communicating with other agents and sellers on your behalf 11.) Network with
other agents for properties not yet in the MLS 12.) Aid in narrowing your search down 13.) Assist in
analyzing the pros and cons of each property 14.) Disclosure all known material defects if any exist
15.) Assist you in evaluating properties for suitability, affordability, and resale value
Educate You On Market Conditions: 16.) Explain if it is a seller’s market or buyer’s market 17.) Educate
you on the local market’s absorption rate 18.) Show statistics on what percent of list price sellers are
currently receiving. 19.) Explain market trends and explain their impact to you
Guide You Through Making An Offer And Represent You And Your Interests In Negotiations:
20.) Advise you on what comparable properties are selling for in our market 21.) Explain common
contract contingencies 22.) Obtain appropriate seller disclosures 23.) Prioritize your goals
24.) Help create a negotiation strategy 25.) Ensure that you receive and understand all disclosure forms
26.) Handle the completion of your offer and sales contract 27.) Educate you on the contents of your
contract 28.) Ensure that all appropriate forms are completed 29.) Assist in getting the best property at
the best price with the least amount of inconveniences to you
Get You To Closing And Serve As Your Trusted Real Estate Resource: 30.) Recommend inspectors,
lenders, and a title company 31.) Be an advocate and advisor during the closing process 32.) Review and
discuss home inspection concerns 33.) Monitor and communicate required contract deadlines
34.) Communicate between the listing agent, lender, attorneys, title company, appraiser, and other
professionals 35.) Remain a life-long trusted advisor regarding real estate questions, needs, and concerns

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