A BUYER'S AGENT exclusively represents the purchaser of real estate. The agent holds the buyer's best interests above all others throughout the transaction.
Why Use a Buyer's Agent?
Purchasing real estate is a major transaction with wide-ranging complexities. The seller typically has an agent. A buyer's agent ensures that the buyer's interests are strongly represented and negotiated. Buyers using an agent find homes faster and examine more properties than those without an agent, states research of the National Association of REALTORS®. Moreover, buyer agents typically negotiate a more favorable contract for buyers those not using an agent.
A Buyer's Agent will:
- Evaluate the needs of the buyer and locate qualifying properties.
- Educate the buyer on area home values and characteristics, including traffic patterns and amenities, as well as on nuances that may not be readily apparent.
- Help the buyer determine, through the pre-approval process, the amount that they can afford to spend on a home.
- Preview the properties to ensure that specifications are met prior to accompanying the buyer to showings.
- Research properties so that a buyer makes an informed decision prior to presenting an offer.
- Review market data to structure an appropriate purchase offer.
- Present the offer to the seller's agent and the seller on behalf of the buyers.
- Negotiate on behalf of the buyer to secure the identified property at the best possible price and terms – keeping the buyer's best interests paramount.
- Assist in securing appropriate financing for the selected property.
- Recommend qualified vendors (e.g. lenders, movers, attorneys, inspectors, etc.) when needed.
Georgia Law requires that a buyer's-agent agreement be in writing with responsibilities of both parties spelled out. The Georgia Association of REALTORS® Exclusive Buyer Brokerage Engagement fulfills those requirements. Your agent, Elisa Maree, can provide the agreement for your review. We strongly recommended that the buyer and the buyer's representative agree to the terms of the agreement prior to viewing properties.