Question - With easy computer access to listings, why would I want to use just the one Real Estate Agent? Isn't it just as easy to arrange with the listing agents to see the houses?
It is relatively easy to
find listed properties on any computer today. So what can I
do as a Buyer's Representative that you as a potential house buyer not
do? Many of the buyer clients I have worked with have told me
of the frustration they had at calling up about listings they found on
various websites to find that they were already under contract
or that the listing agents never seemed to return calls or be available
to show the house to them. As a Buyer Representative I will
search for the listings as soon as they come out on our official
Multiple Listing Service and alert you to them (many of the consumer
web sites do not update listings as quickly.) I will also make
all the calls to listing agents to check on the current status of the
properties and arrange to show you a tour of homes rather than you
having to make multiple trips to see one house at a time.
Question - You mentioned several other things that you help your Buyer Clients with after finding the house - What will you do to help me once the house is identified?
Your Buyer's
Representative does not stop working for you after helping you find the
right house. They will assist you in determining the value of
the house based on most recent sales in the area and provide you with a
negotiating strategy to get you the house you want for the best
possible price. After you win the bid, they will help you to find a
home inspector and will be there with you through the home inspection
to help you understand the recommendations of your home inspector and
ease your concerns. They will also help you to negotiate any
repair requests and if necessary renegotiate the offer based on
something that needs repair that was not discovered prior to inspection
and really effects the home value. Following that they can
help you with some attorney choices and will follow up with everyone
concerned to insure the house becomes yours! Really it is in
your best interest to work with a Buyer's Representative on your side.
Question - How much do you charge for your services as a Buyer's Representative? I think I can get a better deal by going through the listing agent.
In most cases my fee as
a Buyer's Representative is covered by the listing contract.
When a seller lists their house for sale they create a
contract that offers out a commission for the house sale. The
commission is set out in the listing contract to pay out so much to the
Listing Broker and so much to the Selling Broker. If you think
about it you as the Buyer are the one bringing the cash to the closing
table so you will pay the fee anyway and, if you don't use a Buyer's
Representative, the Listing Broker will keep the full commission and be
paid for not representing your best interests. (Note: In some rare
cases I may have to negotiate an additional fee due to the
amount of compensation offered or if the house is not listed but a For
Sale By Owner. If additional commission is needed these fees
can be
included in your offer and financed through your mortgage.)
If you are looking for a house or land in the Greater Hudson Valley of New York's Orange, Ulster, or Sullivan Counties I would love to be your Buyer's Representative. If you are looking anywhere else and would like to have this level of service from the agent you are paying anyway please give me a call or send an email and I will be happy to assist you in finding someone where you want to be. Don't be caught without a Buyer's Representative to help you find and obtain your new property.
I'm Paddy Pizappi - Work
with Me and You'll be Happy!
I'm Paddy Pizappi - Work with Me and You'll be Happy!
Click Here To Search For Properties In The Greater Hudson Valley
Paddy Pizappi, Associate Broker for Buyer Representation
RJ Smith Realty - A Real Estate Solutions Company
Serving the Greater Hudson Valley of New York
from Pine Bush, NY at the corner of Orange, Ulster, and Sullivan Counties
Call or Text to 845-800-7086
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Paddy, well said and the buyers in your area should be hiring you to represent their best interests! All buyers everywhere should have proper buyer representation!
Paddy - you always put things so clearly. I would emphasize, though, that the listing agent is only representing the seller (except for dual agency).
You are right Caren. Thanks for the comment
Yes the Listing Agent is the sellers agent Mike. The buyers need someone working for them. Thanks for the comment
Paddy--Job well done! I am sure your buyers appreciate what you do for them. Keep writing.
Thank you Mary. I hope they do.
Paddy, Keep posting this information....people need to be aware of just how important a buyer's agent IS! I am always speaking to homeowners and many don't know what it is yet, keep getting the word out! I wouldn't buy a home without one!
Thanks Carole, You are right most poeple don't know what they are missing. The sad thing is they are paying for the service anyway and not receiving full benifits if they don't have their own Buyer's Represetative because of agency restrictions.
Hi Paddy -- You mention some very good points that some buyers don't realize the implications to the decisions they make. Good information is very important so a well-informed decision can be had.
thank you Chris. I hope people will learn that they can have someone to help them on thier buying team.