What is a buyer’s agent?

A common question I hear is what is a buyer’s agent, and why do I need one?  Believe it or not this is a very simple question to answer.

A buyer’s agent is exactly what the name implies. They represent the buyer in a real estate transaction. A buyer’s agent can be one of the most important people on your real estate team. Not only will they be able to show you houses, they will handle all of the paperwork, and the negotiating that needs done. It is a great idea to go into possibly the biggest transaction of your life with somebody in your corner. They will manage the entire transaction from start to finish and be able to address any issues that may arise.

Another question I hear asked is, can you show me any house that’s for sale? The answer is yes. A buyer’s agent can help you buy any house on the market, not just houses listed under their brokerage name. This is a common misconception and is often confusing to buyers. So, if you have a Realtor that you are working with and want to see a house listed by someone else, they can get you in to see it. You don’t have to call the agent that’s listed on the sign.

The third question I hear often is, how much does it cost to have you represent me? The answer, most of the time, is that it won’t cost you anything to have a buyer’s agent. We get paid by the seller for bringing them a qualified buyer and closing the transaction. On occasion a property for sale by owner will not cooperate with Realtors, so at that point you would be responsible for our commission, but you would know this going into the transaction.

So I ask you this, if you can have an agent representing you and working their hardest for your interests, and it’s not going to cost you anything out of pocket (the majority of the time), why would you buy a home without an agent?

If you’re looking to purchase a home I can be reached at 716-809-0300 or by email at michael.devlin@huntrealestate.com. I would be happy to help you find the home of your dreams.

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