There’s a lot of paperwork, which a real estate Buyer’s Agent will take care of
An experienced real estate buyer’s agent will help you wade through the cumbersome and often complicated paperwork that goes hand-in-hand with any home-buying transaction, making sure the proper forms are filled out correctly and on time. Real estate can sometimes be all about timing, sometimes being the right buyer in the right place at the right time. But, in every transaction, real estate offers and agreements have to be carefully and strategically drafted, not only to secure the property, but to protect you, your rights and the timeframe you’ve proposed for contingencies, inspections, financing and other requirements. Ultimately, a carefully crafted offer and purchase and sale agreement with the help from your real estate buyer’s agent and your attorney dictates one of the most important financial transactions in your life. Your real estate buyer’s agent will help you recommend which inspections to include in your purchase contingencies along with negotiating items that the seller shall pay for.
Technology plays a big role in today’s housing market and a real estate buyer’s agent can tap into invaluable data for you
Your exclusive real estate buyer’s agent will tap into the latest technologies serving the housing industry today. This includes up to the minute real estate data, statistics and comps through the multiple listing services (MLS), as well as title searches, deed restrictions and easements that may impact the property and thus the price. Your real estate buyer’s agent will use current market reports detailing pricing trends in the neighborhood, which will help them suggest fair market value in order to make an initial offer as well as negotiating price points based on facts and not emotions.
Your real estate buyer’s agent has hyper-local knowledge
Having a real estate buyer’s agent who has the ability to provide you with an “on the ground” perspective is invaluable information when buying a home. This is not information a real estate agent can ascertain from the internet or on-line market reports. A local real estate buyer’s agent knows their marketplace and has first-hand knowledge about a neighborhood’s vibe, its amenities, services such as schools, zoning by-laws, and tax rates. There’s also a good chance they’ve been in the other houses in the neighborhood and know what homes sell for and what it will take for you to be successful in being the successful bidder.
Tips on choosing the right real estate buyer’s agent
Choosing the right real estate buyer’s agent is a key decision when starting your search for your next home. I recommend making a thorough search just as you would before hiring a contractor or attorney. Interview different agents. Search the internet and be strategic looking for someone that appears to stand above the rest. A good real estate buyer’s agent should talk about how they will help you and what exactly they will do for you – not what they’ve achieved and how great they are. It’s all about you, the buyer, right? Interview your short list of real estate buyer’s agents as if you were hiring them to work for you, just as if you were a company hiring an employee. Ask the agent how long they’ve been licensed and actively been working as an exclusive buyer’s agent. Ask how long they have been working in this specific market, and ask them to give you insights on the hyper-local real estate market so you know they know what they’re talking about. Also, check references, look them up on-line and see what others have said about them in terms of representing other real estate buyers.
Always ask the real estate buyer’s agent if they are a REALTOR® member. There’s a difference between a REALTOR® and a licensed real estate agent. A REALTOR® in Massachusetts is a member of the National Association of REALTORS®, the Massachusetts Association of REALTORS® and a local Association of REALTORS®. By being a member, a REALTOR® subscribes to a strict Code of Ethics, pledges to provide fair treatment for all parties involved, protect the right of individuals to own property, and keeps abreast of changes in the real estate practice through continuing education and interaction with other professionals. REALTORS® also are committed to higher levels of education and professional development; many REALTORS® have earned professional designations or specialty certifications requiring intensive study.
Your real estate buyer’s agent should be a trained ninja negotiating expert
Buying a home calls for solid negotiating skills. No if, ands or buts. If your real estate buyer’s agent isn’t a highly trained expert in high-level financial and term negotiations, then find one that is. As in all businesses and professions, not all people are created equally and that goes for real estate agents. First, find a REALTOR® member that has special designations like GRI (Graduate REALTOR® Institute) who has formal negotiation training. Try negotiating with your prospective real estate buyer’s agent and see how they do. It’s a good way to test them on the spot.
If you would like to have an experienced and trusted buyer’s agent and REALTOR® member work on your behalf, please call REALTOR® George Jamieson at William Raveis Real Estate at 617-877-4839 or email George at George.email@example.com or simply fill out the form below and George will be in touch with you shortly.