You may be asking: What is a Buyer Specialist?
A Real Estate Buyer Specialist is an agent who represents the buyer in a real estate transaction. This exclusive Buyer's Agent owes full fiduciary responsibilities, duties and loyalty to the real estate buyer, not to the seller. The exclusive Buyer?s Agent works solely for the buyer client and has the buyer's best interests in mind throughout the entire real estate transaction process. Research by the "National Association of Realtors" has shown that when an exclusive Buyer's Agent is used, the buyer client found their home faster than those buyers who did not use an exclusive Buyer?s Agent.
Let us explain what your Buyer Specialist will do for you:
INFORMATION AND COUNSELING
· Explain the forms of agency available to you and explain how different relationships may affect the level and type of service a Buyer may receive from a real estate agent.
· Offer to enter into a written Exclusive Agency Agreement with the Buyer. This agreement will include beginning and ending dates, fee structure and payment method, and the responsibilities of both parties.
· Pledge absolute confidentiality to a Buyer when representing him/her.
· Counsel the Buyer regarding his/her financial qualifications and assist the Buyer in finding and working with mortgage lenders.
SEARCHING FOR A PROPERTY
· Discuss preferences in size, areas, styles, age, floor plans, and develop a property profile.
· Search the entire real estate market, including the Multiple Listing Service (MLS), properties for sale by owners, and new homes (where appropriate).
· Register your profile in our Instant Buyer Notification Program.
· Bring you up to date of all homes on the market that fit your preferences.
CONTRACT OFFER
· Inform the Buyer about any defects or problems he/she has observed or discovered regarding the property.
· Prepare a comparative market analysis to determine the property's fair market value.
· Explain the choices available in each section of an offer to purchase and explain the alternatives available to the Buyer.
· Advise the Buyer to seek legal counsel where appropriate.
· Prepare the offer to purchase in a manner which will protect the Buyers interest. Will provide proper disclosures regarding agency representation and any other matters as required by law.
· Develop negotiation strategies with the Buyer, including pre-set limits on key points of negotiation when the Buyer wishes to do so.
· Counsel the Buyer regarding the time requirements in the contract and encourage the Buyer to have professional inspectors inspect the property if the contract is accepted.
AFTER THE OFFER TO PURCHASE IS ACCEPTED
· Our Closing department will counsel the Buyer about home inspections, and provide the names of real estate inspectors. We encourage the Buyer to be present during inspections.
· Will explain options available to the Buyer regarding items in the inspection report.
· Where appropriate, will notify the Seller or the Seller's Agent in writing of inspectors' findings and the Buyers choice of any options available to the Buyer.
· Maintain contact with the title company and mortgage company to insure that the Buyers interests are being protected.
· Will review the settlement statement with the Buyer at or before closing.
This is probably the biggest purchase your family will ever make, and it involves many difficult decisions.
Let us represent your best interests in your search for a new home. While you can see a million homes on the web, actually buying one is another matter entirely.
Call us anytime for help, or to have your questions answered. There are no dumb questions! Call 888-570-9986.
Or, let us know about YOUR particular home buying needs. Fill out this form and we will get right back to you.
- NUMBER1EXPERTS™ 
