Why A Real Estate Buyer's Representative?

 

Purchasing real estate is a complex and major transaction with many details to be handled. Without proper representation the buying process could seem easy to you because you will never know when you have been had.

  • Why  did I have to pay for the title policy?
  • This survey does not seem right?
  •  Why is the builder making me sign another contract? 
  •  Why didn't anyone warn me of the encroachment on my property?
  •  Do I really have to pay this many points?
  •  What are points?
  •  Is the mortgage company really giving me the best rate? 
  •  What closing cost should I really be paying?
  •  I received a title commitment now what?

In the majority of cases, an agent will represent the seller. Wouldn’t you want to have complete and fair representation in the real estate transaction also, especially when it is of no cost to you?

Until 1996 any real estate agent in a transaction worked for the seller, either as the listing agent or as a subagent to the seller. The buyer essentially had no representation. But in 1996 the state of Texas began to recognize Buyers Agents whose responsibility was completely to the Buyer. The buyer's representative works for the buyer and has the client's best interests in mind through out the entire real estate transaction.

The broker becomes the buyer's agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. The agreement will spell out the parties of the agreement, set forth the area and term of representation, the type of relationship that is authorized and who will pay for the broker's fee. In almost every case the seller pays for the broker's fee through a  separate agreement with the listing broker. In the case of new homes, the builder usually pays the brokerage fee.

Services  We Provide For Our Clients:

Evaluate your specific needs and wants and locate properties that fit those specifications.

    •  Assist you in determining the amount that you can afford. 
    •  Assist in viewing properties or preview the properties on your behalf. 
    •  Provide a Brokers Opinion Of Value on the property in which you would like to make an offer to buy.
    •  Advise you on structuring the offer to purchase the selected property.
    •  Present the offer to the seller's agent and/or seller on the client's behalf.
    •  Negotiate on your behalf to help obtain the best deal. 
    •  Review all legal documents with you.
    •  Assist in securing a mortgage company and obtaining the best financing terms.
    •  Coordinate all inspections, repair bids, closing schedules, and provide a list of any needed             
    vendors.                                                

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