Benefits of Using a Buyer's Broker in Columbia County New York
Utilizing a buyer's broker to help purchase property has become increasingly popular with real estate buyers in Columbia County NY. This consumer oriented approach eliminates the potential for conflict of interest and provides the buyer with a level of service not enjoyed by working with an agent for the seller. Here's why:
- A buyer's broker owes their complete loyalty to you the buyer. A seller's broker owes their loyalty to the seller.
- A buyer's broker will promote and protect the buyer's interests at all times. A seller's broker is required to promote and protect the seller's interests at all times.
- A buyer's broker can negotiate to achieve the best possible purchase price and terms for you. A seller's broker is required to achieve the best possible purchase price and terms for the seller.
- A buyer's broker will not disclose your thoughts or financial capabilities to the seller. A seller's broker is required to disclose everything you tell them.
- A buyer's broker can prepare an unbiased analysis of market value on any property you are considering for purchase. A seller's broker cannot do this for you.
- In most cases, working with a buyer's broker will not cost you any additional expense. The commission paid by the seller is split between the two brokers.
Your Buyer's Broker can:
- Thoroughly explain all forms and agreements.
- Assist you with mortgage financing.
- Arrange property showings according to your schedule.
- Point out good reasons to buy and, perhaps more important, good reasons not to buy a particular property.
- Discuss why another property may be a better value or better suit your needs.
- Try to learn why the property is being sold.
- Try to establish if the seller is motivated to achieve a quick sale.
- Try to determine how long the property has been on the market and at what prices it has previously been listed.
- Try to establish if the seller has accepted any previous offers and if so, why the sale did not close.
- Provide assistance in helping you determine an appropriate purchase offer.
- Research public record for property transfer information.
- Point out property flaws for negotiation purposes.
- Identify inspections and other beneficial services, and help you select qualified professionals to complete the work.
- Arrange appointments to provide property access for inspectors, appraisers and others.
- Monitor the closing process from beginning to end.
- Arrange a walk through of the property just prior to closing.
- Attend the closing to help ensure that everything goes smoothly.
When serving as a buyer's broker I never try to sell my clients on a home or parcel of land. As their agent, I best serve them as an un-biased consultant. As your buyer's broker I will utilize all of my professional expertise and local knowledge to help accomplish your goals. It is simply better business for you to work with a buyer's agent than to be unrepresented by working with an agent of the seller.
Real estate buyers and investors need the advantages offered by working with a buyer’s broker. Going it alone just doesn’t make sense. Contact Arthur Lee of Red Rock, Inc. to begin working with an Accredited Buyers Representative who will work with you every step of the way. For the best in professional real estate services, contact me, John Avenia by email or call (800) 290-4235.