For Buyers

The Value of a Buyer's Representative

What is a Buyer's Representative and why is it important to have one working for you while buying a home?
A buyer's representative works with the person who is purchasing the property in a real estate transaction. Therefore, the buyer's representative has the buyer's best interests in mind.

Traditional Real Estate agents work for the seller - not the buyer. In a situation where a person is making the single most expensive investment of their life, having someone with their best interests at heart could make the difference between a pleasant experience and a complex and challenging one (not to mention the potential savings!).

In Florida, the buyer's representative is paid by splitting the commission between the buyer's and the seller's agents. This commission is based on the selling price of the real estate property and is paid by the seller.
Benefits of working with a Buyer's Representative:

• Discuss the buyer's needs and wants in a home, and locate properties fitting this criteria. This includes defining property objectives and requirements, possession time schedule, financial capability, location, acquisition strategies, inspections, and other needed details.
• Locate, review and arrange showing of potential properties which may be suitable for the Buyer.
• Assist Buyer in determining financing alternatives.
• Assist Buyer in obtaining available information, of a material nature, relative to desired properties.
• Review and explain all legal documents to the Buyer.
• Provide Buyer with information on recently sold similiar homes so Buyer can make an informed offer to purchase the selected property.
• Present the seller's agent, or seller, with the Buyer's offer.
• Negotiate on behalf of the buyer to help obtain the selected property. This will be done with the client's best interests in mind.
• Provide buyer with a list of qualified vendors who provide services which the buyer may need during this transaction. e.g. movers, attorneys, carpenters.
• Assist Buyer in all stages of the process with identifying, negotiating, contracting, leasing, or otherwise acquiring property and in monitoring closing and time deadlines.