Tuesday, March 8, 2011

The Role of the Buyer’s Agent

Flat Fee By Owner MLS
When a buyer decides to work with an agent, the first thing the buyer must accomplish is proving financial stability. Most real estate agents will not even place a buyer in their car without first knowing how much house they can afford, the source for earnest money, and how soon they can close.             

Once the buyer has been approved for a loan, they are free to begin searching for the new home. The agent will input the buyer’s criteria into the MLS and then carefully review the results in order to capitalize on their time together.

Once the buyers have decided which homes to visit, the agent will look at the appointment instructions and begin contacting homeowners. The bottom line – the role of the buyer’s agent is to find prospects a home to purchase. Most buyer agents drastically limit the time they are willing to spend with buyers in order to reduce confusion. If an agent shows a buyer too many homes, the buyer can begin to feel overwhelmed. Therefore, make sure your property is available and that it is in top-notch condition.

The Role of Total Choice Realty
We want you to handle the negotiating stage the best way that gives you a complete comfort level. Therefore, if you want to represent yourself, this is covered in our Flat Fee Listing Service. On the other hand, if the thought of representing yourself is overwhelming, you can hire us for 1% of the sales price payable at closing.

If you decide to represent yourself, the buyer’s agent will receive instructions from Total Choice Realty to negotiate all offers directly with you. Even though you will be performing the negotiating, Total Choice Realty signs the contracts and the commission form for the closing attorney.

If you decide to have Total Choice Realty represent you in the negotiating stage, all phases will be handled from the Seller’s Net Sheet to closing. Also, keep in mind; most agents that are showing prospective buyer’s property are Buyer’s Agents. In other words, they represent the buyers in a client-privilege relationship. Total Choice Realty understands that you may feel intimidated or ill prepared to represent your side of the transaction. If this is the case, we will hold your hand every step of the way. The choice is up to you!

For more information go to: GAforSaleByOwner.com

Atlanta Real Estate For Sale By Owner

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