To hire a buyer's agent or an exclusive buyer's agent? This question might just be the reason behind your sleepless nights!
This blog is here to answer all your buyer's agent concerns and give you all the reasons why you need to hire an exclusive buyer agent for your next real estate transaction!
Streamlining the Home-Buying Process
If you're tired of looking up listings and for sale properties on your own, an exclusive buyer's agent can help you navigate through the process. They'll work by keeping your purchase goals in mind, help you find the best properties at the best prices, and negotiate a successful sale deal on your behalf.
The best part about working with an exclusive buyer's agent is that they always work for home buyer and never for sellers!
Safeguarding your buyer's interests
While any dual realtor can help you land the property of your dreams, not everyone will go out of their way to protect your buyer's interests.
A dual agent's interests lie in securing incentives from both the seller and the buyer in the same transaction. This can affect your real estate investment in the long run.
An exlusive buyer's agent, on the other, is obligated to provide specific fiduciary duties to their clients. From disclosing any property defects to complying with all state and federal laws, exclusive buyer's agents will ensure that your real estate transaction benefits you in every way!
Unbiased Professional Advice
Since exclusive buyer's agents aren't getting any incentives from sellers, you're their only client.
These agents will ensure that you sign any worthwhile real estate transactions and keep away from any shady sellers. Moreover, exclusive buyer's agents offer unbiased advice by briefing you on the pros and cons of a property, its resale value in the future, and the ongoing market trends.
A reliable exclusive buyer's agent will also ensure that they help conduct in-depth home inspections to avoid any nasty surprises in the future.
Getting a Head Start on the Offer Writing Process
If you've found the property of your dreams at an unbelievable price, it's time that you settle down to pen a purchase offer.
However, a poorly written purchase offer can kick you out of the preferred candidates' list and land you in the rejected pile!
An exclusive buyer's agent can simplify the offer writing process for you!
They can help buyers choose the correct home purchase form, determine the price according to the latest market trends, make an earnest money deposit, and include contingencies in the purchase offer.
Drafting a well-rounded purchase offer will hike up the chances of it getting accepted by the seller.
Negotiating on Your Behalf
When it comes to negotiating the perfect deal, no one can beat a competent exclusive buyer's agent!
These agents will do everything to get you your preferred property. From including escalation clauses in your offer to offering market value prices to the seller, exclusive buyer's agents will ensure that you get the best property at the best price! Moreover, they'll ensure that the whole transaction is in compliance with the state and federal laws, and you don't get into any legal complications.
If you're looking to hire an Exclusive Buyer's Agent for your new home in San Diego, Buyers Only Coastal Realty is just a call away!
We are a buyer's only real estate agency with over 31 years of experience in the real estate industry. From helping you buy real estate in Temecula to finalizing the real estate deal in Fallbrook, CA, we can streamline the whole process for you.
Give us a call at 760-451-1500 to learn more about our exclusive buyer's agent services in San Diego.