What is the role of the buyer's agent?
- Assist you in preparing your credit well in advance of your purchase by helping you find the lender for your needs
- Be knowledgeable about homes & neighborhoods
- Guide you to where to find information about schools
- Negotiate price
- Provide you with a curated list of well-rated, qualified inspectors
- Provide you with a curated list of well-rated, qualified title companies
- Navigate & schedule inspections, from basic tract homes to farm & ranch septic and well
- Assist you in locating information required by your lender and the title company, such as HOA and MUD requirements
- Schedule appraisals
- Coordinate attorney review
- Coordinate closing documents
- Decipher copious amounts of publicly available information about
property
- Educate you about the complicated transaction process
- Be on-call advisors. Provide special knowledge of transactions, local market insights
- Help you understand possible protection strategies against unforeseen circumstances by providing you with information about homeowner warranty providers and their services
- Provide emotional support!
If you look at this list closely, you'll note that there are several items that require hyperlocal knowledge. The agent who lists your property is possibly not the same agent you should use to purchase a property, especially if you are moving away instead of up. However, your experienced agent should have a network of colleagues they can reach out to in order to help refer you to a reliable buyer's agent in your prospective area.