Buying a home without a good agent can be costly. Good buyer agents can not only help find the best home to match your goals – they can help get your offer accepted in a competitive situation, negotiate the best price, terms, and, very importantly, contingencies and repairs.
We often see buyers benefit from seller repairs or concessions they would not have received without good representation, often adding up to 1/2% to 1% of the purchase price! Removing contingencies at the right time is crucial to success – and can be helped with the skill, experience, and relationships of a good buyer’s agent.
Buyer agents must sign an “agency disclosure” which says they are obligated to only do what’s in your best interests, with a fiduciary duty to you, the buyer! Buyers should also sign a “buyer broker agreement” with the agent to make a solid long term partnership with the agent.
The best part? As you can read in the Commissions section, sellers pay the buyer agent commission.