A good realtor can be invaluable for your transferees! Typically, real estate transactions involve two agents: one representing the seller and one representing the buyer. A buyer’s agent is a licensed realtor who specializes in helping buyers navigate the homebuying process. Protecting the buyer’s best interests, they act as guides, assisting with everything from finding houses to view to scheduling viewings to submitting offers and negotiating with the listing agent.
- A buyer’s agent first assesses a buyer’s needs and then introduces them to neighborhoods that meet criteria for price point, schools, commute times, etc.
- A buyer’s agent serves as boots-on-the-ground, scouting out properties as soon as they hit the market, then previewing and scheduling viewings for their clients.
- A buyer’s agent will assist with writing and submitting offers on their client’s behalf. They know their market well and can strategize to help the buyer submit the best offer.
- They are effective negotiators, ensuring that transferees don’t overpay for a home.
- A buyer’s agent will help with understanding inspection reports and then negotiate with the seller for repairs.
- The buyer’s agent handles all of the paperwork including preapprovals, offers, disclosures, inspections, title paperwork, etc., etc. – there is a lot!
- A buyer’s agent keeps the escrow process moving by coordinating with the seller’s agent, title company, etc.
- Most important of all: representation! The buyer’s agent is legally obligated to protect their client’s best interests.
Recently, the National Association of Realtors reached a settlement that went into effect on Aug. 17, 2024. The settlement includes a provision stating that buyers must sign agreements with their agents. Contact MoveCenter to discuss this and any other questions you may have about home sale and home purchase benefits within your relocation policy.
