What Does A Buyer's Agent Do?

Real estate agent on phone

Finding & Seeing Homes

According to various studies, most people find the house they eventually purchase without assistance from an agent. There are a number of sites with essentially the same information that are readily available to buyers. Of course, gaining access to homes and organizing walk throughs is something your buyer agent will take care. They will also help you to assess to what degree the house meets all your requirements. As area experts, they might have previously visited a home you’ve seen online and can give you feedback on what to expect when you visit the property.

 

Time To Negotiate

When you’ve found the home of your dreams, it’s time to make an offer and your agent can help you develop an offering strategy. As your advocate, they will deliver the offer and all conditions and contingencies related to it for the seller’s consideration. Of course, they will be guided by your requirements and will only negotiate within set parameters you’ve set out. Part of the process could require them to apply their marketing know how and make your case which can have a direct impact on your offer acceptance or not.

 

They Know The Pros

It’s illegal for agents to accept any type of “kick back” from professional services they recommend so they strive to avoid even a hint of wrong doing. In response to this, many agents will have a list that includes a number of home inspectors, bankers, brokers and attorneys that have assisted other clients in the past and it’s up to you to do your homework and connect with whoever you like. One other consideration. If an agent refers you to a specific home inspector who doesn’t “rock the boat” by being too negative or critical in order to support the deal, that’s someone you don’t want to work with. That’s why it’s a good idea to do your own research by visiting sites like homeinspector.org published by the American Society of Home Inspectors or the International Association of Certified Home Inspectors at nachi.org.

 

Surprises Are Not Always Good

Along the way, there will be some surprises no one could have anticipated. This is where your agent really shines. Chances are they’ve seen it all and will know how to move forward quickly and with as little stress (for you) as possible. It’s important to keep in mind that very few deals proceed without surprises which have a way of popping up at the last minute. Knowing your agent has your back and stands ready to direct their energy and experience to assist will make the process as productive and enjoyable as possible.