A homebuyer’s agent (also called a buyer’s broker) facilitates the purchase of a property. They are knowledgeable in the process and can assist with negotiating contract terms, reviewing inspection results and managing deadlines in the home-buying transaction.
They keep a pulse on the market on both national and hyperlocal levels, down to the neighborhood and building you’re interested in. They can help you understand market trends and data and explain what it means for you as a buyer. They also have the experience to suggest key compromises that could make a deal more realistic for you.
Questions to Ask Independent Buyers Agents Near Me Before Hiring
YourAustralianProperty can recommend professionals like lenders, lawyers and inspectors to work with you during the home-buying process. This can streamline processes and save time.
They can advise you on a fair price for a property based on recent market data and comparables. They can also set up tours with listing agents or owners (for homes listed For Sale By Owner), and they can fill you in on what they learned from that communication — for example, about the sellers’ motivation or what other buyers are doing to compete with you.
Once you’ve chosen an agent to represent you, you will typically negotiate a contract with them that specifies how they will be paid. The contract is usually called a buyer agency agreement, a buyer-broker agreement or a buyer representation agreement. You should review the contract with your agent and ensure you’re comfortable with how they’ll represent you.