How much does it cost to hire a buyer’s agent?
The secret many buyers don’t know is that hiring me as a buyer’s agent costs you NOTHING (unless it is agreed upon by the buyer and agent in writing) and may save you thousands. My commission usually comes out of the seller’s fees at closing and is typically split with the seller’s realtor. Usually in a “for sale by owner” situation, the seller will pay the buyer’s agent a fee.
I can search for houses on the web. Why do I need a buyer’s agent to help me find one to buy?
As a licensed agent, I rely on the centralized Multiple Listing Service (MLS) database to give you the most up-to-date information. Many real estate websites are updated manually and a property may already be off the market by the time you see the listing. You’re always welcome to send me any listings you find on your own and I can check their status before you get your hopes set on them.
Why do I need my own agent as a home buyer?
While any real estate agent can facilitate a sale by arranging property showings, assisting with securing financing, explaining real estate forms and contracts, and monitoring the sale process, only a buyer’s agent is truly subjective and working for you.
I try to point out reasons not to buy a particular property and negotiate the best price and terms for you, adding contingencies in sales contracts that protect you and keeping confidential any information that could hurt your bargaining position.
How are you different than other agents who call themselves buyer’s agents?
A buyer’s agent is the purest form of representation available to a buyer.
I will show you all possible homes on the market, ranging from those represented by other agencies to “for sale by owner” properties (if the owner allows us to show their property). If I don’t know the answer to a question I will try my best to secure one.
My goal is to try to help you fairly assess all available homes that fit your criteria and negotiate a fair price. It is not against Tennessee State Real Estate Law to represent a buyer and seller in the same transaction, it is just my personal policy not to.
How many years have you lived in East Tennessee?
How many years have you been a real estate agent?
What percentage of your clients have worked with you under buyer agency conditions?
How many homes have you acquired for buyers in the last 12 months?
21 homes for buyers.
What are your standard terms and conditions for working as a buyer’s agent?
I am happy to send you a Buyer’s Agency form to review at your request and answer any questions you may have.