Selecting a Buyer’s Agent: What You Need to Know

buyer's agent

When it comes to residential real estate, you must know what to look for when selecting a buyer’s agent. Here’s what you need to know about what they do and what you need to know when choosing one.

What Is a Buyer’s Agent and Why Do You Need One?

There are generally two agents in the home buying process – the seller’s agent and the buyer’s agent. If you’re looking at buying a house, you need a good buyer’s agent. It’s their job to represent you and your best interests when buying a home. Some things they’re responsible for include:

  • Finding properties that fit your wants, needs, and budget
  • Help you make an offer when you find a house you want to buy
  • Write up contracts and offers on the pre-purchase
  • Provide oversight during the inspection process
  • Guide you in negotiations
  • Protect your interests at the closing

How to Find a Good Buyer’s Agent

Selecting a buyer’s agent is one of the most critical steps in the home buying process. You want to find someone you trust, who understands your circumstances, and who respects your list of wants and needs when it comes to a home. You also want someone who will work with you to find the right compromise. Places to start when searching for a buyer’s agent include:

  • Asking friends and family for recommendations and referrals
  • Search online for reviews and reputations
  • Interview at least two to three agents before hiring one

If you’re ready to buy a home, don’t pass go until you’ve selected a buyer’s agent. It’s the most important first step, so you have someone in your corner to represent your best interests. Contact Midland Mortgage Corporation for advice on choosing the right agent and for all the information you need on the right home loan program for you.

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