Published on January 11th, 2017 | by admin0
7 Ways Real Estate Property Buyers Agents Can Help You
Everyone has their vision of a dream house. Whether it’s a bungalow with a white picket fence or a single- detached 3 bedroom unit facing the beach, the question remains the same: “How can I turn my dream into reality?” This is where you need the help of these wonderful dream weavers in real estate called property buyers agents.
Buyers agent are real estate professionals. They are licensed to do business in the property market. But do not confuse them with the listing agent who sells properties for clients. The buyer’s agent does not sell property. He/ she is contracted by a buyer to find a property to purchase a home that falls within a budget and expectations.
If you are a first time home buyer, hiring this type of service will make your search easier. The process of buying real estate property can be very challenging and complicated. You need someone with the experience and expertise to guide you along the way.
As a matter of fact, even seasoned real estate investors frequently contract buyers agents. If they can benefit from these services, so can you.
Here are a few ways real estate property buyers agents can help you:
- Articulates Your Wants and Needs
Buying a home can be an emotional experience. We all have ideas on what a perfect home is. But sometimes emotions can get in the way of sound judgment.
A buyer’s agent can articulate your wants and needs and turn an image of fantasy closer to reality. He/ she would be in the best position to tell you what is achievable and realistic given current market developments and your budget.
This will make it easier to fine-tune the search parameters and expectations for your first home.
- Provides Valuable Information
Buyers agents keep themselves constantly updated on the real estate market. Their knowledge is not limited to just trends and pricing.
They can provide valuable information on changes in relevant real estate legislation, interest rate movements and best bargains in the property market. Some of this information can be privileged in that you cannot find them online or from other sources.
- Access to a Wide Range of Properties
At the core of the buyer’s agent is a real estate agent. He/ she also works on his leads list just like a typical real estate agent.
When you contract their services, you can be rest assured of visiting a short list of properties that will meet your wants and needs within the next few days.
But that’s not all.
If you want to maximize the opportunities in the market, a buyer’s agent can get you in touch with sellers who have not listed their properties. These are direct to seller transactions.
- Saves Time
If you have a full- time job, it would be very difficult to go through a list of prospective properties for sale.
Acording to Flint Property, a buyer’s agent saves you time by analyzing and reviewing data bases on available property and identifying those which meet your requirements. He/ she can also schedule home visits according to your convenience.
You can go through your daily routine and just allocate a day in the week to meet with the buyer’s agent, go through the list of properties or conduct home visits.
- Oversees General Condition of Home
Buying a home is probably the largest purchase you will make in your life. You should not just buy property without assessing its overall condition even if on the outside, it looks like it’s everything you ever wanted.
The buyer’s agent will ask an architect or engineer to inspect the house for you. They will come up with a list of repairs that have to be made to get the house in tenable condition.
Some of these improvements are not covered by the Sales Contract. This can be used for pricing negotiations with the seller. It will also give you a better idea if buying this particular home will be a good investment.
- Presides Over Negotiations
Sellers will often hire the services of a listing agent who will represent them during negotiations. Listing agents are veterans in the negotiation process. Level the playing field by having a buyer’s agent in your corner.
A buyer’s agent may have been a listing agent once upon a time. He/ she would have the advantage of understanding the process from 3 perspectives: the buyer, the seller and the home owner.
The buyer’s agent would be able to navigate the obstacles to the sale and tilt negotiations closer to your favor.
- Prepares and Facilitates Required Contracts
Given the size of the purchase, the sales process in real estate includes contracts and strict adherence to legislation that are often unique from one city state to the next.
The buyer’s agent can help you review, negotiate and understand these contracts. He/ she can act as your liaison and the seller’s lawyer or conveyancer.
The buyer’s agent will also validate the land title to make sure there are no liabilities and other hindrances to the sale of the property.
Buying your first home is a huge milestone. It is an exciting time in your life and for your loved ones. But it can also be very stressful. A home isn’t just a place where you lay your head down to rest. It is also an investment which could yield considerable returns in the future.
Contracting the services of real estate property buyers agents will greatly alleviate the pressure off your shoulders. They can turn your dream home into a reality that will pay off dividends in terms of happy memories and restful assurance you have made a sound investment with your hard earned money.