Top 10 Reasons......
Top 10 Reasons to Hire a Buyer's Agent
1. No Cost!
2. Buyers Agent can help you determine your buying power ? Knows how important the major commitment is that you are about to make so they can figure your financial reserves plus your borrowing capacity. How much home can you afford?
3. Buyers Agent has many resources to assist you in your home search. Find available properties using MRIS and other resources that Realtors have available.
4. Buyers Agent will assist you in the selection process by providing objective information about each property. Agents can provide local community information on utilities, zoning, real estate taxes, current market conditions, schools, etc.
5. Buyers Agent will show you the homes that suit your needs and can make suggest simple changes that would make a particular home more suitable for you.
6. Buyers Agent will help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
7. Buyers Agent will provide due diligence during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your agent can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your agent, title company or attorney can help you resolve issues that might cause problems at a later date.
8. Buyers Agent will help you in understanding different financing options and in identifying qualified lenders.
9. Buyers Agent will guide you through the closing process and make sure everything flows together smoothly.
10. When selling your home, your Agent can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties.