
Home buyers would be well served to have a Realtor represent them in their home purchase. So, before you call the listing agent to see a home listed for sale, you should understand a bit more about buyer representation.
In representing you in your home purchase, your buyer's agent would be performing tasks such as:
- assisting in your home search
- providing data about each property
- explaining financing options
- creating a negotiation strategy
- drafting and presenting offers
- researching restrictive covenants, etc.
- coordinating property inspections
- coordinating property appraisal
- conducting final walk-through
- preparing for settlement
- answering questions and providing counsel and guidance as needed
Best yet, your buyer's agent's compensation for representing you would (in most cases) be paid by the seller.
So -- you can call the listing agent (who is contractually bound to represent the seller's best interests) -- or you can hire a Realtor to represent YOUR best interests as the buyer. Clearly, I recommend the second option.
Beyond buyer representation, there is a lot more to know about and think about regarding the home purchasing process. Read more at....