What is a Buyer's Advocate?

Q:

What is a Buyers Representative?

A:

As your Buyer Agent; I am your advocate.

 *I represent only your interest and I owe my loyalty & trust to you only.*

Q:

How do you benefit from Exclusive Buyer Representation?

A:

• Loyalty  - I am required to act in your best interest
• Obedience - I am required to follow your lawful instructions
• Disclosure of all material facts:
  • I must disclose any relationship between myself and other involved parties
  • I must disclose the existence of other offers
  • I must keep you advised of the status of your earnest money
  • I will attempt to understand the seller's financial condition for your benefit
  • I will assist you in determining the property's true worth, value and condition    
  • I will attempt to help you understand the legal effect of contract provisions and offer guidance to other sources when applicable
• Confidentiality - All discussions, facts, and information given me are kept in complete confidence... with a responsibility of truth, fairness and honesty in dealing with all parties.
• Accounting - Reporting where your monies are at all times.
• Reasonable skill and care - From assistance in the determination of the offering price to aid in the discovery of relative material facts and properly disclosing them to you, the buyer 

Q:

What services do I as a Buyer Agent provide you?

A.

• I help you identify and examine the most important features for your new home.
• I help you define your exact needs.
• I will create a profiled search to help find your special home.
• I locate homes that fit your requirements. This includes For Sale By Owner (FSBO) and new construction.
• I will assist by narrowing the choices and providing a comprehensive Analysis on selected properties
• I will assist you in structuring the offer and or counter offers.
• I help coordinate the details.
• Lastly, I assure you my complete loyalty and trust not just during but after the sale.

Q:

How much will it cost you?

A.

Absolutely nothing 99% of the time.

Q:

What about the 1%?

A:

If you contact a For Sale By Owner or a builder representative without identifying that you are represented by me, you may be obligated to pay the brokerage fee.

**To eliminate any confusion it is always best to work through me.**

Q:

Is it true that a Seller or Builder might discount the price of the home if you don't have an agent?

A:

This is a common misconception. The Brokerage fee (commission agreement) is a  separate part of their agreement. The rate structure doesn't change regardless of the final price.  The builder will be looking out for his interest.   Who will look out for yours??? 

Q:

What are your risk when buying a home without a buyers agent?

A:

• Not knowing all of your options
• Not understanding the true value of the property
• Potential material defects
• Potential code violations or other hazards not being disclosed
• Zoning issues
• Being uninformed about schools and other important community issues
• Over paying  for the property
• Possibility of a seller misrepresenting their property.
• **Not having someone to lookout for you**

Q:

Are you required to sign an agreement to be represented?

A:

Yes; it's called an Exclusive Buyers Agency Agreement; the time frame for representation is negotiable.

Once you sign this agreement you get exclusive representation from me and usually it cost you nothing.