New Home Buyer with Questions? We Have Answers

If you are a first-time homebuyer you might be feeling a little lost in the confusing world of real estate language not to mention uncertainty about exactly what a buyer’s agent will do for you.  Your first question may be, “Do I really need a buyer’s agent?”  As with any other large investment, those who go into the buying process with an experienced and reliable form of guidance have an advantage that can save them both money and headaches.  Since you have not bought a home before (and even if you have, it did not make you an expert) your buyer’s agent is that voice of experience that can guide you in your decisions and choices to avoid pitfalls and costly mistakes. They also can answer any questions you may have about any of those real estate terms that are tossed around but you do not fully understand.

Basics of what to expect from your agent when buying your first home. The agent will:

• Search the entire MLS (Multiple Listing Service) for homes matches that fit your needs.
• Provide you a list and recommendations of houses which meet your criteria.
• Show you the homes you are interested in seeing.
• Negotiate on your behalf with the seller’s agent and seller of the home for the best price and options for you.
• Prepare your offer for your purchase of the home.
• Prepare all of the contracts associated with the home purchase.
• Work with the title company, the lender, and the seller (or seller’s agent) to arrange all necessary inspections- though you will get to choose the home inspector yourself.
• Serve as your advisor, representing your best interests during the closing process.
• Work with you through the entire home buying process, from start to finish and answer any questions you may have about any part of the real estate process.

• Provide you with legal advice.
• Provide you with financial advisory advice.
• Pressure you on any decision or choice in your purchase.  Decisions in real estate are yours as the buyer.

It is in any buyer’s best interest to work with a “Buyer’s Agent” to ensure they have someone looking out for their best interests during the entire buying process. Your buyer’s agent is also there to assure that you are not overpaying for a property. 
She will research what other houses of comparable size and characteristics have sold for in the past few months and make certain you are paying a fair price for your new home.

This is one of the biggest investments of your life, so choose a Realtor® with knowledge and experience and that fits your personality and is easy to work with.