It's a Jungle out there!

What's the difference between a Buyer's Agent Vs. a Seller's Agent?

No matter if it’s your First home or you are a Seasoned Buyer, you need a professional who will represent you and guide you through tons of paperwork, stampedes of buyers competing for the same home with low inventory.  And, once you received an accepted contract, assist with lender requirements, home inspectors, potential repairs and the title company.  A buyer’s agent will guide you through the home-buying process and be at your disposal for any questions or concerns throughout the sale.   

The process can be complex and at times stressful—especially if you are a first-time buyer. Having a real estate pro by your side can make all the difference. 

 So what is a buyer's agent? 

A buyer's agents help real estate buyers navigate the real estate market; they can also save you tons of time and money on the road to your new home. 

Benefits of using a buyer's agent when buying real estate 

"As a Buyer’s Agent, here’s what they will do for you:

• Assist you in getting pre-qualified for your home.  Documentation is required in the Arizona contract advising the Seller if your purchasing the home with a loan or paying cash. If you do not have proper documentation, the Seller can and more than likely, reject your offer.   
• Find the right property.After spending time with you and determining what you are looking for and what fits your budget, I will schedule appointments to tour homes that fit your requirements.   As a resident of Prescott since 1994, I can also explain the ins and outs of various properties and neighborhoods, to help you decide which area may be right for you, and explaining the pros and cons of various options, like should you buy a home with a leased solar, how often do you pump a septic tank or finding you a home with all city utilities.  You do not need to spend days running around Prescott and the Quad Cities which is exhausting.  I can assist you with neighborhoods that will fit you and your families lifestyle.   
  
• Negotiate the offer. As a buyer's agent I will advise you on a price to offer and present it to the seller's agent. Then I will negotiate on your behalf and write up the contracts for you.  This is where my experience in negotiating deals can save you money and help you avoid pitfalls like a fixer-upper that's more trouble than it may be worth.
• Recommend other professionals. As a buyer's agent I will be able to refer you to reliable mortgage brokers, home inspectors, movers, and other real estate professionals. This can also help expedite each step of the process and move you to a successful real estate sale.
  
• Help overcome setbacks.  If the home inspection report or appraisal bring in new issues, I can advise you on how to proceed with the transaction, and then act as a buffer between you and the sellers and their broker. If negotiations become heated or hostile, it's extremely helpful to have an experienced professional keeping calm and offering productive solutions. 

Buyer’s Agent Vs. A Seller’s Agent.   What's the difference? 

 Buyer's agents are legally bound to help buyers, whereas listing agent, the real estate agent representing the home listing—have a fiduciary duty to the home seller. 

"That's why it's in your best interest as a buyer to get an agent who is there to represent you.” 

"Think about it this way: If you were getting sued, would you hire the same attorney as the person suing you? Of course not. You need someone who will diligently fight for your interests and rights." 

If you walked up to the listing agent at an open house, you might gush about how you love the home and want to buy it, but add that you will need to move soon—because your family is expanding or the lease on your rental is coming up.  A seller's agent could then use this information against you by informing the sellers that time is not on your side and you would most likely pay full price.   

Yet make this same confession to the buyer's agent you're working with and this professional would know to keep this information private from sellers (and their agents), so it can't be used against you. 

What is a Buyer Broker Agreement? 

This is an agreement between the Buyers and their agent to agree to work exclusively together and you won’t work with other agents for a specific time.   As your agent, I will work diligently reviewing properties that fit your requirements. I have access to all properties in the MLS in Prescott and the Quad Cities.   When you go into a new home showroom, I will go with you and if you move forward, use my expertise with advice and pitfalls of the home building process.   

How much do buyer's agents cost? 

Home buyers don't need to worry about the expense of hiring a buyer's agent. Why? Because the seller pays the commission for both the seller's and buyer's agents as per the agreed upon listing contract.    

Will you get a break if you work directly with the listing agent?  

 Not likely as the listing agents' job is to represent the Seller and bring in the highest price possible. They will be happy to collect both sides of the commission.

I excel in Buyer's Representation with over 3 decades of success. 

Check out this link: 
Twenty Homes 400K<

Don't see what your looking for, let's connect and let me send you more Prescott and Quad City properties that fit your lifestyle.  From affordable to over the top fabulous!  928 713-3426