Why use a Buyer's Agent
Purchasing a home can be a daunting prospect. There are so many things to take into consideration from beginning to end you are bound to miss something. And with the expense of buying a home being the largest investment you are likely to make in your lifetime, it’s important to cover all the bases before you just leap into the fray. One of the most efficient and effective ways of doing this is by hiring a buyer's agent – also called a buyer's representative.
A buyer's agent is a real estate agent whom you hire to work for you, usually by signing a buyer representation agreement. This agreement stipulates that the agent will be looking out for your best interests, not the seller's, throughout the entire home purchasing process.
Many homebuyers feel that signing on a buyer's agent is just cutting someone else in on the deal – after all, you have to pay the agent when the deal is done. What these people don’t understand is that the true value of a buyers agent lies in his or her knowledge of the real estate game. The world of buying and selling homes and properties is probably not a world that the typical homebuyer is too familiar with. The buyer's agent knows all the ins and outs of the real estate market, they know which homes are available and where, they know the communities these homes are in, they understand the complicated laws and procedures involved in every aspect of home sales – who better to have at your side when you’re looking for a new home? It almost seems foolish not to have one, especially when you consider that the seller most likely has a selling agent at their disposal.
A study done by the National Association of REALTORS showed that when buyers use an agent, they were able to purchase a home an average of one week sooner than those who did not use an agent. These same people saw an average of three more homes than did the buyers who had no representation. Logic dictates that the more houses you view, the more likely you are to find the one you want – and, on average, you’ll be living in it about one week sooner.
Oftentimes it is wise to sign an agreement with your buyers agent prior to viewing any homes or properties. Most buyer agents have a standard agreement for you to sign – just be sure you understand the terminology, the stipulations and, most importantly, your agent’s compensation. Be sure that everything is out in the open and clearly understood by both parties. That will ensure that there is no confusion down the road and that the relationship you have with your buyer will be an honest, trusting one with the end result being you and your family living in the perfect home.
When you’re ready to hire a buyer agent to represent you call Jim Miller Bean Group at 603-801-3987. Jim has many years experience representing clients buying New Hampshire properties. Most often these services are paid for by the seller, so why not get the full representation you deserve.
Jim Miller is a full time full service licensed Realtor® in the Southern New Hampshire area with Bean Group and has many years of experience in buying and selling New Hampshire Real Estate .
Contact Jim direct at 603-801-3987.
“Working with a buyer's agent is like having a real estate advisor, a home finder and a financial consultant--all for free!”
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