15 Benefits Of Working With a Buyer's Representative
The specialty of buyer’s representation not only requires knowledge of real estate markets and transactions, but insight into consumer behavior. The goal of a buyer’s representative is to find the perfect point of connection between the homes available in the market and the needs and financial capacity of the buyers. Organizations such as the NATIONAL ASSOCIATION OF REALTOR®'s Real Estate Buyer’s Agency Council, which has more than 40,000 members, offer specialized training and designations for those who work with buyers.
15 BENEFITS OF WORKING WITH A BUYER’S REPRESENTATIVE
Let your buyer-clients know how you can save them time by:
1. Locating suitable properties.
2. Previewing properties.
3. Verifying the properties’ condition.
4. Suggesting necessary inspections by experts.
5. Helping buyers determine what they can afford.
6. Helping to verify property taxes and utilities.
7. Helping to determine the value of the property.
8. Advising clients on structuring an offer.
9. Presenting the offer to the sellers’ representative.
10. Negotiating favorable contract terms for the buyer.
11. Explaining legal documents needed for closing and helping secure them. (Obtaining the current owner's deed to give to the closing attorney for the title search could help with a smoother transaction)
12. Assisting in securing financing.
13. Assisting buyers and their attorney in clarifying title, zoning, building codes, and access easements.
14. Referring them to qualified vendors.
15. Analyzing the future salability of the property.
The above suggestions were obtained from Old Colony Realtors website. For more helpful tips, email me or stay tuned for another future entry in my real estate blog.