Category: Buyer’s Agent Basics

3 Ways to Interview Your Buyer Agent



July 22, 2010Choosing your buyer’s agent is like hiring someone to work for you. You have several opportunities to determine whether the agent is a good fit before you sign your buyer agency agreement.   Take advantage of these interview opportunities. There is a great list of questions to ask your agent before working with them.  In addition to these questions, here are a few other “tests.” 1) How...

How to Choose a Buyers Agent



July 21, 2010Buying a home is probably the biggest investment I’ll ever make, and that’s true for most people.   This is not something to take lightly. I hate to say it, but I will- there are some bad agents out there.  Agents with good intentions and little experience, agents with bad intentions and lots of experience, and probably even some agents with bad intentions and no experience.  But,...

How Our Buyer’s Agent Saved us Money.



July 5, 2010Does working with an experienced buyer’s agent pay off? For us it did.  Our agent’s experience and knowledge steered us away from buying a home that was not at a good value. We also saw the negative impact that the seller’s agent may have had on the seller. Timely responses are critical. We had made an offer on a home that was listed for $220,000 of $205,000.  The seller’s agent did...

What Are Buyer Agent Responsibilities?



July 2, 2010In Colorado, we have an Exclusive Right-to-Buy Contract approved by the Colorado Real Estate Commission that defines the basic buyer agent responsibilities.  In other words, this document was not written by your agent and it is a legal contract.    In general, the buyer agent is responsible for helping you and protecting your interests from house hunting to closing day.  Here are the...

Top Four Things You Should Know About Your Buyers Contract



June 30, 2010When you are buying a home, you will sign several contracts.   If you are working with a buyer’s agent, you will sign a buyer agency agreement.  When you have found a home you would like to buy, you will sign a buyers contract, or contract to buy and sell real estate. 1.   Understand the finances set in your buyers contract. Your buyers contract will define your purchase price and terms...

Buyer Closing Costs: The Basics



June 23, 2010What are buyer closing costs? Another term I didn’t know before beginning our home search was “closing costs.” Closing costs means more money that you have to scrounge up to buy a home on top of the down payment.   This term will come up when you are looking for a loan or making an offer on a home.   There are several decisions you can make regarding how you pay your closing...

Where Do You Want To Live?



June 21, 2010If you were given a choice of where you wanted to live, taking out relocation for job or family situations, where would it be?  In the State of Colorado, there are numerous areas, all different in some way or another.  You could live on the Eastern Plains, the Front Range, the Grand Mesa area, the Northern area and even Metropolitan Denver.  Just to name a few. Within all of these areas are...