When searching for properties, there are many advantages to working with REALTORS® as buyer’s agents, including:
- Personalized service
- Time saving assistance
- Wider selection
- Complete confidentiality
- Cost efficiency: it’s free to use a Buyer’s agent
1) Personalized Service
Since a buyer’s agent’s job is to serve the buyer’s interests, clients get more personalized attention. REALTORS® who are buyer’s agents help manage each step of the home buying process, from finding the right property to closing the deal, and everything in between.
2) Time Saving Assistance
REALTORS® can save their clients time in a multitude of ways throughout the transaction process. As buyer’s agents, they help their clients:
- Locate and preview properties
- Survey the property’s condition
- Determine what the buyer can afford
- Verify taxes, utilities and the property’s value
- Structure, present and negotiate an offer and explain legal documents
- Assist in securing financing
- Analyze the future sustainability of the property
3) Wider Selection
As buyer’s agents, REALTORS® have only one goal, which is to see their clients satisfied with the property they purchase. As a result, they tend to show houses that better suite their client’s needs, even if it generates a lower commission, including unlisted, and FSBO properties.
4) Complete Confidentiality
REALTORS® who are buyer’s agents are legally obligated to keep all information about a client or transaction completely confidential. Therefore, clients can feel more comfortable sharing their personal information, such as information about their financial capacity, which can help the buyer’s agent do their job better.
5) Cost Efficiency
REALTORS® that are buyer’s agents are specialists when it comes to saving homebuyers money. Buyer’s agents are aware of their clients’ financial capacity, and will not push them into a purchase they cannot afford.
At the end of the day, homebuyers can save time and money by engaging REALTORS® as buyer’s agents.
Using a buyer’s agent, REALTORS®, has it’s perks. There is no up-front cost to the consumer and you might even have the opportunity of asking for a rebate depending on where you are looking to buy!