Buyers agent

Buying a home is stressful. The prospect of moving is stressful - even when it’s exciting most of the time. Relocating from one state to another is super stressful. It always means a change and even when you’re making a change for the better, new homes and neighborhoods bring new challenges. The buying experience can bring new challenges even for families who have moved more than once.

You know what’s really stressful? It is a buyer’s agent who isn’t motivated. You may have experienced this if you’ve had an agent who showed up to open doors and write the offer, but that was about it. Maybe you didn’t know your agent could do more than that. An exceptional agent will take the stress out of finding a house and will make you feel like you have an ally in your move.  

It’s all up to the agent, of course. Some real estate schools will stress to buyer’s agents that they minimize their legal risks by being less involved. Some of them take that advice too much to heart and won’t even give much-needed advice.

Gone are the days when buyer’s agents were the information wardens on the real estate market. Technologies used with online sites like Trulia and Zillow have done away with that. Now most buyers have access to a lot more information about the homes on the market. It may leave you questioning whether you should employ a buyer’s agent. What it should make you question is whether your buyer’s agent is working for you.

Information

Trulia can’t make you an expert. Of course, a few night courses can’t make your agent an expert either. However, many agents have hundreds or thousands of deals under their belts. Their experience can be your greatest asset.

A diligent agent will also have up-to-date information on housing searches. Zillow is often not up-to-date and many times buyers have been disappointed to find their favorite homes aren’t on the market anymore. The right buyer’s agent will know his or her region and will listen to your needs closely. He or she will know things the Internet does not.

Besides this, buyer’s agents have their finger on the pulse of current market conditions. Your agent should be able to - gently - readjust your expectations if needed. He or she should also do his or her best to find a way to meet as many needs as possible within your budget. If you are stuck on one particular set of requirements, an attentive agent can help you see how your needs might be met with a different set of features than you had originally planned.

Negotiation

Buyers often underestimate how much time and energy it can take to successfully negotiate for themselves. A conscientious buyer’s agents will:

  • Prepare forms.
  • Help buyers locate good sources of loans.
  • Negotiate the terms of loans.
  • Work with your lender effectively.
  • Talk you through making an offer including often adding an addendum to provide protections you wouldn’t otherwise get.
  • Arrange and oversee inspections, including inspecting for things you might not think of like scoping the sewer line or testing for meth.
  • Help you understand HOA documents or title commitments.
  • Make sure you receive all the right documents or any additional documents they know, from experience, are necessary.
  • Represent your interests at closing. This often means coordinating between many different interests: the lender, the title company, and the sellers. If this is not coordinated efficiently, it can mean last-minute nightmares for buyers.

Personal

The best buyer’s agents are there for you. When it comes down to it, many people could do the jobs listed above. However, the ones who go out of their way to be there for you are the ones who will succeed because they will get your attention.

A good agent will know he or she has to be available to you after work hours and will answer your call or get back to you as soon as he or she can, even at night or on the weekends. He or she will suggest a strategy for making an offer but let you know it’s totally up to you how you want to proceed.

In addition, he or she can suggest how you would make needed repairs on the property and help you read your inspection results. And many great agents go out of their way in many ways: some of them prepare a dossier on schools and great places to eat for families who are new to the area. Some of them can use their connections to help people find jobs. Some of them offer to help you get out of your lease early by finding a new renter.

Take Away

It shouldn’t be a question in your mind whether you should employ a buyer’s agent. If you’re questioning it, maybe it’s time to find a new one because an exceptional buyer’s agent will make all the difference. Please call the Jamey Kramer Group today.

248-348-7200