A buyer agent, also known as a buyer's agent or buyer's representative, is a real estate professional who represents the interests of a homebuyer during the process of purchasing a property.
Their primary role is to assist buyers in finding suitable properties, negotiating favourable terms and prices, and guiding them through the entire home buying process.
Buyer agents work exclusively on behalf of the buyer and are obligated to act in their client's best interests. They provide valuable expertise and assistance throughout the home search, helping buyers understand market conditions, identifying potential properties that meet their criteria, and arranging property viewings.
Once a suitable property is found, the buyer agent assists in preparing and submitting offers, negotiating with the seller's agent, and structuring the terms of the purchase agreement. They can provide advice on pricing, contingencies, and other important factors to ensure the buyer's interests are protected.
Additionally, buyer agents may help connect buyers with other professionals such as surveyors, mortgage brokers, and solicitors to facilitate a smooth transaction. They play a crucial role in advocating for the buyer's needs, providing market insights, and helping them make informed decisions throughout the buying process.
Overall, a buyer agent serves as a trusted advisor and advocate for homebuyers, working to ensure their best interests are represented and helping them navigate the complexities of purchasing a property.
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