For Buyers

How Can a Buyer Agent Help Me Buy a Home or Investment Property? A buyer agent works to protect your best interests by providing complete and professional guidance to you.  Even though it doesn’t get asked that often, the most often pondered question is: “What does it cost?”

Under most circumstances a buyers agents fee is paid by the seller through the sellers agent fee.  If a buyers agent brings a buyer, the sellers agent typically splits the commission around 50/50.  This is a rare opportunity to get professional advice from someone with a contractual duty to you, while they actually end up getting paid by someone else. (See the New Hampshire brokerage disclosure and consumer information here)  This is an abridged version of what an agent can help you do to purchase a property.

  • Locate and evaluate properties in your price range
  • Exercise a level of diligence on the proposed purchase
  • Determine an offering price
  • Document the contingencies you will need
  • Develop a negotiating strategy based on the competition
  • Prepare an offer to purchase contract.
  • Enter into negotiations and manage the closing process.

Going through this process with the help of a buyer agent will enable you to purchase the property at the lowest possible price and on terms that meet your specific needs. Once you have the home under contract, you’ll need an agent to

  • Recommend inspectors
  • Walk through the property with the eye of a professional
  • Provide options and guidance through the problems that often arise

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What Are Some Benefits of Using Me As A Buyer Agent? When a buyer agency relationship is created between the purchaser and the real estate agent, the agent must work in the buyer client’s best interest at all times. Therefore the purchaser enjoys the same level of representation traditionally given only to the seller.  Here are just a few of the benefits you will receive from having your own personal representative when seeking to purchase property:

  1. Confidentiality. I will not disclose confidential information regarding motivation, price and terms, or anything else of a personal nature to the seller or seller’s agent without your permission to do so.
  2. Loyalty. I work in the buyer’s best interest at all times, even if it is not in my personal best interest to do so. This means that I will do for you what I would do for myself in my own transaction.
  3. Full disclosure. I will fully disclose any information gained from the seller or the seller’s agent that could be used by you in the transaction. In addition, I will undertake a level of diligence and discovery that will give you the necessary information to make an informed decision as to the property you wish to purchase.
  4. I will search for all available properties for sale by owner, unlisted properties, new construction, foreclosures, and others and will not limit your showings to properties that I or my brokerage have listed.  A listing agent’s job is to move the inventory of their seller clients. A buyer’s agent’s job is to locate satisfactory properties for their client. Any details or limitations on this search will be documented in the buyer agency agreement.
  5. As your buyer’s agent, I will assist you with analyzing the properties and determining their strengths and weaknesses.  This will better enable you to make an informed comparison based more on facts, and less on emotion. A lifestyle analysis will be performed to determine whether or not the property would suit your particular needs.
  6. I have access to previously sold properties and will do a market analysis on your choices.  This will provide you with an offering range for that particular property. Then together we can set a negotiating strategy to assist you in acquiring the property at the lowest price and best terms possible for your situation.
  7. I will complete an offer to purchase that is “buyer friendly” and contains the contingencies and protective clauses you need.
  8. I will help you formulate any needed counter offers and support our offer with market data.

If we get to an accepted offer, then the real work begins.