Buyers: How to get Value from your Agent

Once you choose the REALTOR® you’re going to work with and have signed your Buyer Representation Agreement, they’re now representing you as your Agent in your buying transaction and are ready to protect your interests.

But there’s many things that lead up to the actual purchase and plenty of things after the closing that your Realtor can do to help you have a smoother, more successful buying experience.

If you follow these tips in the following situations, you can feel confident that you’re not bothering your Agent and are in fact showing your Agent that you want their help and guidance, and that you value their time so they can continue to do an even better job for you.

1. New Build Developments. Let the representative know if you call or drop in the Showroom that you have your own Agent and that they will be assisting you in the purchase. You can pass on your agent’s name or give the representative your card. You should also let your agent know that you’re interested in new build opportunities so they can give you a helping hand in finding some that might suit your interests as well as follow up with the Representative if you do indeed find a particular development worth looking into further.

2. Open houses. When you visit open houses, let the Agent hosting the open house know that you have your ow Agent representing you, and feel free to pass on your agent’s card.

In both an Open House situation and a New Build situation, there are 3 main reasons you should do these things.

  • It’s courteous to the Representative assisting you so that they can focus on their own clients and developing their business. Realtors are not permitted to solicit business with clients of other Agents so this helps them avoid this faux pas if they forget to ask and saves everyone time.
  • It’s helpful to tell your Agent so that they can understand what kind of homes you’re interested in and help you identify viable opportunities.
  • Your agent works on a commission basis, so it’s good if you help your agent get paid so they can make a living on the time they spend assisting you 🙂

3. Ask your Realtor questions. This is how you and your agent can continue to narrow down what could be a great match for you. This helps you be a more confident buyer, and helps you more purposeful in your home hunt by being prepared with the info you need.

4. Look at homes within your budget. Also consider the other expenses including utilities or property taxes.  It avoids having you feel disappointed or frustrated because your goal is to buy a home that you are financially comfortable with that suits your needs.

5. Be prudent about viewing homes. You should be using the Portal and attending open houses to help familiarize yourself with the current market and what it has to offer. You should also be requesting viewings for homes that you see at viable options. When you do so, think about how the home made you feel regarding location, condition, etc. This will help you narrow down what you do and do not want to see moving forward so you avoid Buyer fatigue and can stay focused on the goal.

Watch the video for additional info not covered here!

Cindy-Lou Schmidt
Cindy-Lou Schmidt

Broker / Manager
 
 
Cindy-Lou is a dedicated Broker/Owner and REALTOR® based in Waterloo who is proud to serve her hometown and community. She is adamant in the value of home ownership both for the financial and wealth benefits, but also as a foundation of healthy communities. With 7 years in the real estate business, and as a private investor since 2005, her experience and strategic approach to homes sales has been pivotal in building loyalty with her clients over the years.

Find me on: Instagram