After helping many first time home buyers successfully buy their dream home, I noticed something that I want to share with as many future first time home buyers as possible! What I've noticed was that several of these buyers weren’t aware that they had the ability to use a buyer’s agent to represent them in one of the biggest purchases they will ever make!
I want to put this out there - you can, and should, have an agent who works for you when you are ready to buy a home, because let’s be honest, buying a home involves a lot more steps than most people realize! So what does a buyer’s agent do? In a nutshell, they help you, the buyer, navigate the entire home buying process one step at a time. Let’s dive in and break it down!
First things first, a buyer’s agent will start by meeting with you to go over the entire home buying process to get you fully equipped so you know exactly what to expect. They will help you identify your needs and wants in a home including your top priorities and your deal breakers. They will then set up a custom home search that will find listings that match your criteria so that you don’t have to filter through hundreds of listings that don’t even fit what you’re looking for.
When you start looking at houses, you’ll notice that the houses will be listed by a real estate agent. What's great is that the buyer's agent works for you and works in your best interest, not the sellers. In addition to helping you find a house that meets your needs, they will also help you understand your options when it comes to writing an offer, advise you on the market, help you determine what price to offer the sellers, and most importantly, negotiate on your behalf. If you find yourself in a multiple offer situation, they have strategies to help make your offer stand out while matching the seller’s priorities. Once you have an accepted offer, they maintain strong communication with you, the listing agent, the lender, and title company so you will always be kept in the loop and never left wondering what’s next!
A buyer’s agent will remove as much doubt as possible. They will provide you with all the tools necessary to make an informed decision before you take on the investment of owning a home. Think of them as your go-to resource throughout the entire transaction. Not only will they educate you through each step, they will refer you to their trusted vendors. From lenders to home inspectors, title companies, and contractors, there can be so many moving parts in a transaction that you’ll be thankful to have the help of trusted professionals and save time trying to research them on your own. All of this will help you have peace of mind throughout the home buying process and prevent you from falling into the buyer’s remorse trap!
You might be thinking this all sounds great! I would love to have someone work on my behalf, but how much is hiring a buyer's agent going to cost? A buyer’s agent is typically paid by the sellers through a cooperation agreement between the brokerages. So if you’re already searching for homes online, googling questions you have about the process, and you’re ready to dive in, what are you waiting for? It’s time to find yourself a buyer’s agent who will work for you and walk you through all of this – literally, one house at a time!
How do you find a buyer's agent? Look for someone who you feel is a good fit for helping you through the process of buying a home. When you’re interviewing different agents, you’ll want to make sure you choose someone is knowledgeable, will be available, willing to educate you, able to communicate the way that you want, and most of all, someone you feel comfortable working with!