Real Estate Representation For Buyers


Why you should hire us to be your Accredited Buyer's Representative (ABR)?

Because the best way to be certain that a real estate sales agent is working in your best interest is to enter into a buyer representation agreement with them. Although state laws vary, typically a sales agent is obligated to owe fiduciary responsibilities to the real estate seller even if they aren't the listing agent.

Why should you look for the ABR designation before looking for a home?

ABRThese three letters after an agent's name tell you that you will be working with buyer representative who is committed to your best interests. The ABR designation is awarded by REBAC (Real Estate Buyer’s Agent Council) to those REALTORS® who have met the specific educational and experiential criteria needed to provide the highest level of quality service.

What does a buyer's agent cost?

Like any other real estate fee, the commission for a buyer's agent is usually built into the purchase price of a home and paid by the seller at closing. Hence, there is generally no additional cost for a homebuyer to use a buyer’s agent. As a matter of fact, studies suggest that professional buyer's agents help buyers save both time and money.

What other advantages does using a buyer’s agent have?

By hiring a buyer's agent you'll see the entire inventory of properties meeting your search criteria, not just the listings held by a particular agent. Buyer's agents have an obligation to show the entire inventory of properties available including:

  • Properties listed in MLS (Multiple Listing Service)
  • For sale by owner (FSBO) properties
  • Bank-owned properties
  • Properties offered at auction
  • New construction projects

Often, an experienced buyer's agent creates a network of real estate related professionals who have done quality work for their clients in the past. You will benefit this referral network when it comes time to find:

  • Attorneys
  • Mortgage professionals
  • Appraisers
  • Engineers
  • Architects
  • Contractors
  • Home inspectors

Additionally, a buyer's agent's due diligence and intensive research help to eliminate costly mistakes or hidden surprises for the homebuyer.

The job of a buyer's agent is not to sell any particular property, but to represent the best interests of the buyer/consumer throughout the home buying process. A buyer's agent helps consumers make smart decisions as they negotiate the home buying process toward closing day.

 

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Real Estate Agent Services and Duties

SELLER'S AGENT
BUYER'S AGENT
Arrange property showings
X
X
Assist with financing
X
X
Provide property data
X
X
Explain forms / agreements
X
X
Monitor closing
X
X
Prepare property value study
 
X
Represent buyers on MLS listed properties PLUS bank properties, auctions, FSBOs, new construction
 
X
Promote and protect interest of the buyer at all times
 
X
Advise the buyer even if it means pointing out reasons not to buy
 
X
Disclose all research about property history & liens
 
X
Negotiate in favor of the buyer for best price & terms
 
X
Structure offer with the buyer's best interest in mind
 
X
Keep buyer's financial capabilities / thoughts confidential unless authorized to disclose
 
X


Let Us Help You Find and Buy Your New Home


Please contact us if you have any questions or seek representation for buying a home in Boston, Cambridge or elsewhere in the metropolitan area. Whether you are a first-time homebuyer, new to the metro Boston market or you are looking for concierge style buyer’s representation, we can help.

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