Should you use a buyers agent?
This is actually one of the few no-brainers in real estate. The answer is YES, and while that may sound biased coming from us, here are the reasons why:
- It’s FREE to you. Seriously. A buyer’s agent is paid out of the seller’s agent’s commission. Some people think that by not using an agent, they can save the money that the buyers agent would have been owed. That’s not the case, 99% of the time the seller’s agent will just keep the full commission for themselves. (Note to sellers: We don’t do that!)
- If you enter into a deal with just the seller and their agent, then no one will be looking out for you. The seller’s agent is only concerned with getting the best deal for their client. A buyer’s agent has the fiduciary responsibility to look out for your best interests.
- Real estate transactions can be complicated and cumbersome. Unless you are well-versed in these transactions, navigating the steps of a real estate can be confusing and one small mistake could cost you thousands of dollars.
- A good real estate agent is worth their weight in gold, especially when you don’t have to pay them! An agent will help you avoid costly mistakes and negotiate the best deal possible for you. Moreover, a great agent will have a network of professionals who can help you with whatever the sale may throw your way – and many times they’ll save you money while doing so!
Thinking about buying a home soon?
Give us a shout and we’d be happy to answer any questions you might have.