A good buyer’s agent does a lot more than just unlocking a house and pointing out the features to buyers. This kind of agent does everything from searching for and evaluating a home to negotiating the purchase price to helping the buyer navigate through every step of the complex buying process. And a top-notch buyer’s agent does even more – serving as the buyer’s advocate, sounding board, project manager, negotiator, resource provider, and much more. So what are some of the chief benefits of hiring a top buyer’s agent in Los Angeles?
Peace of Mind Through Buyer Representation
First, let’s consider the main buyer agent services: “Agents perform many tasks throughout the home purchase process. In the initial stages, they help you consider options and compare properties. Once you identify a home you would like to buy, they assist with preparing offers, analyzing inspection results, meeting important deadlines and navigating through the financing process. They can also direct you to other experts, such as inspectors, as needed” (Raveis). A buyer’s agent in Los Angeles, then, can provide you some peace of mind by being your guide and ally through all these complex processes.
In addition, the buyer’s agent works solely for you as the buyer. The listing agent may have divided loyalties because she receives a commission based on the property’s sale price and is likely to put more effort into getting a better deal for the seller. Your buyer’s agent in Los Angeles, on the other hand, will focus only on you, the buyer.
Connections and Network
A real estate transaction requires a huge cast of professionals to make the lengthy and intricate process reach its desired end – your ownership of a new home. And often, getting the deal you need and want depends on your buyer’s agent’s industry connections and professional network. A top buyer’s agent in Los Angeles can hook you up with quality, affordable contractors, real estate attorneys, inspectors, appraisers, title officers, and even movers. Your buyer’s agent can ensure the other professionals you engage have the requisite experience and expertise.
A buyer’s agent in Los Angeles truly becomes an asset when you hit the negotiations stage. An agent with good negotiating skills can wind up saving you thousands of dollars – whether on the purchase price itself or the concessions she can get for you.
Once you’ve found the perfect property, your agent can advise you on your offer. Then she will write up the offer to purchase and present it to the listing agent. If for some reason, your offer is rejected, your buyer’s agent can guide you through the ticklish process of making a counteroffer– making sure you don’t offer too much or give away too much in the way concessions.
There’s just no way around it: buying real estate involves a mountain of paperwork. And most of those documents are full of opaque real estate jargon and legal language. Further, getting the paperwork wrong can sometimes have some pretty serious legal ramifications. Your buyer’s agent in Los Angeles has the necessary paperwork proficiency to ensure you don’t make any costly blunders in the paperwork.
Keep in mind that any species of real estate contract is a legally binding document and, as a consequence, is not something to be taken lightly. A buyer’s agent has the training and experience to make sure that all the contract contingencies are in their proper places so that you wind up with a contract whose terms you are satisfied with.
A top buyer’s agent in Los Angeles has been through it all many times before and so will know how to handle any issues or obstacles that may arise. Basically, a good agent will be prepared to handle any and all contingencies – including low appraisals, inspection surprises, financing difficulties, intransigent sellers, and drawn-out price negotiations. A top buyer’s agent will be prepared through experience to take a proactive approach in dealing with these obstacles and setbacks . . . so that you don’t have to.
No Cost to You
A pleasant benefit of hiring a top buyer’s agent in Los Angeles is that it doesn’t cost you, the buyer, anything. Most of the time, it falls to the seller to pay all fees and commissions, including the buyer’s agent fee. So, basically, you get all the benefits listed above at pretty much no cost.
So really, then, there’s no downside to hiring a top buyer’s agent in Los Angeles. And it remains a critical ingredient in buying the home you want at a price that fits. In fact, not hiring a top buyer’s agent could very likely cost you a significant amount of money. But the trick lies in finding top agents, the ones who will make sure you get all the potential benefits.