Buyers have two options in selecting a real estate professional. They can work within the traditional system of listing and showing agents, or they can hire a buyer’s agent. Both listing and showing agents work for and on behalf of the seller, not for the buyer. For a prospective buyer, this is an absolutely crucial point. It means, for example, that while the agents must be honest and fair with the buyer, by law, the agent’s responsibility is to negotiate the best deal for the seller.
A buyer’s agent, on the other hand, represents you as the buyer, and is required to disclose to you all relevant information, the good and the bad, about the property you are considering. You may pay a fee to the buyer’s agent for his or her services, but the agent is responsible only to you. In addition, a buyer’s agent is there to negotiate the best possible purchase terms for the buyer.
Whoever represents you, you’ll want to look for an experienced agent familiar with the neighborhood that interests you. Interview several agents. Ask them what their average needed selling time is; how many people have bought homes through them; and what kind of homes were sold. Ask each agent for names of recent buyers who used his or her services and talk to them. You should be interested in how much time the agent spent with the buyers, how helpful he or she was during negotiations, and whether they were satisfied with the services provided. Finally, couples should be in agreement on how much they’re going to spend and what type of home they want. Agents quickly become frustrated when a couple, or any two people buying a home together, seem to have different things in mind
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