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Buying A Home: What Your Buyer’s Agent Can Do For You

Buying a Home: What Your Buyer’s Agent Can Do For You

PURCHASING A HOME IS A MAJOR DECISION AND MORE COMPLEX THAN MANY BUYERS REALIZE. THAT’S WHY IT’S ESSENTIAL TO FIND A TRUSTED PROFESSIONAL — SUCH AS DAVE FUTCH, AN ACCREDITED BUYER’S REPRESENTATIVE (ABR®) WITH OVER 26+ YEARS EXPERIENCE IN REAL ESTATE ON MAUI — TO HELP YOU MANAGE THE PROCESS.
IF YOU ARE LOOKING TO BUY A HOME, HERE’S WHAT DAVE CAN DO FOR YOU

#1. HELP YOU TO ARRANGE FINANCING.

  • Assist in locating sources of mortgage loans.
  • Help you examine how much you can afford and how much you may want to spend.
  • Assist in comparing different financing options.
  • Provide information on purchasing incentives that may be available.
  • Educate and discuss the differences between being pre-qualified and pre-approved for a mortgage.

#2. ASSIST YOU IN FINDING THE RIGHT PROPERTY

  • Identify your needs and wants in a property.
  • Find appropriate available properties.
  • Set up an automated email alert system that immediately notifies you of properties that fit your requirements.
  • Provide access to all MLS-listed properties.
  • Network with other agents for properties not yet in the MLS. Preview properties prior to showing.
  • Help select for viewing only those homes that fit your needs.
  • Aid in narrowing your search until you have identified your top choices.
  • Assist in analyzing the pros and cons of each property.
  • Disclose all known material defects.
  • Assist you in evaluating properties for suitability, affordability, and resale value.

#3. EDUCATE YOU ON MARKET CONDITIONS

  • Educate you on whether it is a buyer’s market or a seller’s market.
  • Show statistics on what percentage of list price sellers in the area are currently receiving.
  • Show trends, current average days on market, current absorption rate, and/or current months of inventory.

#4. GUIDE YOU THROUGH MAKING AN OFFER AND REPRESENT YOU AND YOUR INTERESTS IN NEGOTIATIONS.

  • Prepare a comparative market analysis (CMA) so that you make an informed decision when offering a price.
  • Advise you on what comparable properties are selling for.
  • Explain common contract contingencies.
  • Obtain appropriate seller disclosures.
  • Prioritize your goals.
  • Help create a negotiating strategy to achieve those goals.
  • Write and present your offer.
  • Ensure that you receive and understand all state and federally required disclosure forms.
  • Handle the completion of the offer to purchase or sales contract.
  • Educate you on the contents of the sales contract.
  • Ensure that all appropriate additional forms are completed.
  • Assist you in getting the best property at the best price with the least amount of inconvenience based on current market conditions.
  • Prepare you for multiple offer situations and develop negotiation strategies specific to multiple offers.

#5. GET YOU TO CLOSING AND SERVE AS YOUR TRUSTED REAL ESTATE RESOURCE.

  • Recommend inspectors, lenders, attorneys, and other professionals as necessary.
  • Be an advocate and advisor during the closing process.
  • Review and discuss home inspection concerns.
  • Help you request and negotiate seller repairs.
  • Monitor and communicate required contract deadlines to ensure that you meet them.
  • Assist in coordinating communications between the listing agent, lender, attorneys, title company, appraiser, and other professionals.
  • Accompany you on the walk-through prior to closing to ensure the property is in the same condition as when you entered into the contract.
  • Remain a lifelong trusted advisor regarding real estate questions, needs, or concerns

CREDITS AND RESOURCES

Copyright NATIONAL ASSOCIATION OF REALTORS®. Article reprinted with permission. All rights reserved