Category: Buyer’s Agent Basics

Home Shopping without an buyer’s agent is like Reading your Own X-Ray



September 27, 2010We just recently had a house guest who is a very dear friend of the family, who is in his fourth year of medical school.  We were talking about the term “gestalt.” According to Wikipedia is the concept that “The whole is greater than the sum of the parts.”  It is the idea that a few lines and curves can be recognized as a figure.   For example, a few lines and a circle could be...

Which Comes First: the Home Loan or the Home?



August 9, 2010Should a Home Buyer Seek Pre-Approval or a Home First? Starting a home search can feel a little bit like the “Chicken and the Egg” riddle.  Should a buyer become pre-qualified for a home loan first, before finding a home they would like to purchase?   Or, should a buyer start shopping for homes before knowing what type of loan they might qualify for? The Real Estate Division of the...

Can You Save Money By Not Using A Real Estate Agent?



July 27, 2010For some, convenience, advice, and peace of mind that a professional will correctly finish the job is more important than saving money. Others will go with the cheapest option, no matter what will be sacrificed. Whether you value time, money, convenience, or experience, you will be best suited by working with an agent. For me, I take this type of question very seriously. I do not carelessly...

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...