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Why Work With a Buyer Agent?
First, a great reason to ask for assistance from a buyer agent is because most of them do not charge a fee. This is also true for all of the buyer agents here at FARS Realty Group. There are a great amount of services that a buyer can gain by hiring the right buyer agent. If the transaction is completed, the buyer agent is paid by the seller agent for providing the seller with an able and willing buyer. Therefore it is a good situation for all parties.

Other than searching for properties with the buyers, the buyer agent can assist greatly in all aspects of a real estate transaction. They can provide knowledge and guidance for the financial aspect of the purchase. If the buyers have not thought about the loan process, the buyer agent can set them up with a trustworthy and competitive mortgage lender and help to explain different loan programs that are available.

After the buyer has chosen properties that interest them, the agent can then look deeply into the history and characteristics of these properties. This includes the past sales of the properties, how long they have been on the market, any changes in listing prices or plot plans for the lots. Once a single property is chosen, the agent can then develop a comparative market analysis that will greatly assist in determining the best offer price. This analysis will allow the buyer to compare the current asking price to the proposed market value.

When creating an offer to purchase (MA) or purchase and sales (NH), the buyer agent can thoroughly explain these documents to the buyer and make them aware of all the subsequent steps that could occur. If the offer is accepted, the agent can set up the home inspection and begin working more closely with the seller agent, closing attorney and mortgage lender to insure that all aspects of the process are taken care of prior to the proposed closing date.

When a buyer agent is hired by a client, they become a representative for the buyer(s). This is a large responsibility. The buyer agent has duties to keep selected information confidential and to make sure that the best interests of the buyer is first and foremost. A professional buyer agent will become your guide for the home buying process and take most of the burden off your shoulders. Their overall goal is to create a smooth, efficient transaction that will result in a confident and pleased client who feels great about their purchase.