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FAQ:What is a buyer's agent?
...And how can one help me in buying a home?
Quite simply, a buyer's agent is a Realtor who is employed by and represents only you, the buyer, in a transaction. Even though the seller or the seller's agent typically pays their fee, buyer's agents must always remain loyal to the buyer.
Employing a buyer's agent provides you with client-level service from your Realtor instead of customer-level service. Recent surveys have shown that the majority of today's home buyers are deciding to employ a buyer's agent.
Buyer's agents can provide a number of services for you including:
- Helping you determine how much you can afford to spend on a home.
- Explaining available financing options and helping you choose a lender.
- Informing you on current real estate values, taxes, utility costs and other factors that will influence your opinion about a property.
- Using Multiple Listing Service to locate homes that suit your needs.
- Helping you select appropriate properties to view and setting up the appointments at times that are convenient for you.
- Revealing any known information about a seller property which may affect your purchase decision.
- Helping you choose a professional home inspector to inspect the property you are interested in.
- Advising you on your purchase offer and working in coordination with your attorney.
- Presenting your purchase offer to the seller, and negotiating for the lowest price and most favorable terms.
- Helping you evaluate counteroffers.
- Working with all parties including the lender, appraiser, surveyor, attorneys, etc. to make your closing go as smoothly as possible.
- Murphy Real Estate is available to act as a buyer's agent to provide you with the best in client-level brokerage service.
For a free consultation, e-mail us today.
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