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How often do you purchase real estate? Once, twice, three times in your lifetime? So you can hardly be expected to know all the ins and outs of such a major transaction, complicated by so many details. In most transactions, sellers are represented by a listing agent who minds these details and their client's best interests. As a buyer, don't you also want complete and fair representation in your real estate transaction? Real estate buyer's agents are responsible for protecting the best interests of their clients-buyers like you--and can guide you through every step of the process. So the first step, and perhaps the most important, is finding your buyer's agent.
What is a Buyer's Agent?
Defined most simply, a buyer's agent is an advocate for the buyer —not the seller— in a real estate transaction. Real estate laws and regulations vary from state to state, but buyer's agents usually owe full fiduciary (legal) duties, including loyalty and confidentiality, to their buyer-clients and keep their best interests in mind through the entire transaction.
Why Should I Use a Buyer's Agent?
The two most important reasons to use a buyer's agent are protection and efficiency. Most likely, the seller of whatever property you buy will be represented by a listing agent who can provide expertise throughout the transaction. Don't you want the same kind of service as a buyer? A buyer's agent can provide you with the expertise you need throughout the entire transaction.
According to NAR (National Association of REALTORS@) research, buyers who work with a buyers agent also find their homes quicker, while viewing more properties in their search, than buyers who do not engage a buyer's agent.
A REALTOR@ is a real estate professional who is a member of the National Association of REALTORS@. NAR is the world's largest professional association. Since members must subscribe to NAR' strict Code of Ethics, you can be confident that you will be treated fairly and with respect. REALTOR@ is a registered collective membership mark, and only members of NAR may use it.
In addition to knowing the dynamics of the local market, we as REALTORS@ with Kim Ott & Associates also understand the special needs of buyers. We have the experience to provide the service you need and will help you make informed decisions through the entire process that will lead to a successful home purchase.