Page 26 - The Pisaneschi Group Compass

The Pisaneschi Group at Compass
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Find a Good
Buyer’s Agent
There is a difference between a good listing agent and a good buyer’s agent. At times they are the same person, but the activities they perform are different. The buyer’s agent represents YOU and only YOU in the real estate transaction. From the very first meeting they listen to your ideas, needs, wants and financial goals. They will then work with you to find the right home based on this information. They have a fiduciary duty to protect your interests and not the interest of the sellers. They will be your personal representative in the process and handle all the negotiations for you, ensuring you get
the best possible sales price and terms.
A buyer’s agent will bring a team of experts together to work with you depending on your needs. This might include a tax consultant, mortgage broker, credit counselor as well as home inspectors. They will help you explore communities and help you learn about the neighborhood, community amenities, school districts, resale value and all the other aspects that you should consider to make
an educated home purchase.
Once you go under contract, your buyer’s agent is there to guide you through the contract to close process. They will not only negotiate the price and terms of the offer, but assist with issues which arise during the due diligence period. You might also need help with selecting a closing attorney, obtaining insurance quotes, navigating appraisal problems, determining what inspections you’d like to have, and solving any potential title issues along with
the help and guidance of your attorney. These are all situations your buyer’s agent is
prepared for and has experience in solving.
While the buyer’s agent is most commonly paid their commission from the seller, they are the buyer’s representative only and have a fiduciary duty to put your interests above all else. The buyer’s agent will help the buyer write the purchase offer, negotiate repairs
and other adjustments during the transaction and
manage the buyer’s side of the transaction
until it closes.