The Value of a Buyer’s Agent

You’ve read the headlines, ” The real estate industry has been shaken up!” in regards to who pays the commissions to real estate professionals, the buyer or the seller in a property sale? Traditionally, commissions are paid out of the sales proceeds. Courts have rendered verdicts that challenge the status quo, advocating for transparency, fairness, and consumer choice. These rulings have prompted discussions within the industry about the need for greater clarity in commission practices, ensuring that both agents and clients are fairly represented in transactions. Both a buyer and a seller must acknowledge the tools and value delivered when partnering with an agent. Here is my value to you…

AS A BUYER’S AGENT:

Before we even open that first door, let’s meet to discuss your expectations and the value services I provide as a Buyer’s Agent. In this time for clarity and transparency, we’ll review the BBA  form (buyer’s broker agreement) to explain my services and who pays. Usually, both sides, buyer and seller agents are paid by commissions, negotiated in representation contracts and from credits from the seller’s home sale at close of escrow.

MY VALUE AS A REALTOR:

I offer invaluable support throughout the home purchasing process. I’m like a “one-stop-shop”providing expertise, guidance, and advocacy tailored to your needs as a buyer. Firstly, I save time and effort by sourcing properties that align with your preferences and budget. My local market knowledge enables me to negotiate favorable terms, ensuring that you get the best value for your investment. Additionally, I navigate complex paperwork and legalities, minimizing the risk of errors or oversights.  I’ve partnered with the leading real estate brokerage, Coldwell Banker to assure the latest tools and technology. I have recommended resources and vendors to assist in interpreting property conditions and inspection reports . My understanding of local market trends and property values empowers you, the buyer, to make informed decisions. As your trusted partner, I act as a dedicated ally, prioritizing your interests and facilitating a smooth and successful home buying experience.

BUYER REPRESENTATION:

That is why an agreement between buyer and buyer’s agent is so important to establish representation, provide clarity and to define how a real estate professional is paid for services. The Coldwell Banker BBA form is this agreement signed between parties to establish payment for rendered services.

As the real estate industry continues to evolve, there will be changes in how a buyer finds a home to purchase. This task is easily traveled on ever-changing social media platforms, but once an area or home is identified, there remains valuable reasons for a buyer to partner with a buyer’s agent to navigate this dynamic environment and in return, to be paid for the professional services offered.