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 today's market there are many homes for sale where the listing Realtor represents the best interest of the bank; so if you are considering buying a REO property or a HUD property or a Fannie Mae property or a Freddie Mac property or any similar property, then you definitely need a Buyer's agent like Sidney or Kim Galloway.
With Sidney & Kim Galloway you actually get two Realtors for one. Sidney & Kim do work together as a husband-wife team. When you work with The Galloways they do not hand you off to a much less experienced "Buyer's Agent" on their team - you actually work directly with them. Sidney does have his Real Estate Broker's license, but he is an "out in the field" meeting face to face with people Broker Sales Agent.
During the past 15 years Sidney and Kim have shown tens of thousands of homes. That's a lot of experience behind their services. Also they have listed and closed hundreds of homes all over central Florida. So, when you enlist Sidney & Kim to help you find the right home, then you get their combined expertice. Their business is built from referrals and hundreds of satistified clients: "happy campers". Their loyalty is to you, not to a corporation or to a bank - they work for you!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.
Contact Sidney and Kim today for more information on why a buyer's representative is your best alternative when purchasing a home. Also, www.sidneygalloway.remax.com is a most helpful web site for Buyers where one can easily search the MLS for for sale homes. This website has additional information and resources.
