As a buyer looking at homes for sale in Philadelphia, you have the benefit of buyer agency services for your Philadelphia home search. Listing agents have a legal obligation to protect their seller client. Although they will treat buyers fairly, they must protect their client’s interests above all other parties. As a buyer, you should have the same level of service and protection from your agent. Solely contacting an agent does not automatically make that person your buyer agent. It is critical that you actually enter into a buyer agency relationship. Below are some details on Philadelphia buyer agent services and the importance of buyer representation.
Importance Of Buyer Representation
The word agent means fiduciary, and buyer agents owe their client fiduciary duties of confidentiality, care, obedience, accounting, disclosure, and diligence. Buyer agents assist their clients through the home buying process and provide guidance and support at every step. The real estate process can be stressful and emotional. Buyer agents use their expertise to come up with creative solutions to problems developed along the way. Having a neutral party who understands and protects your interests and translates them into positive communications with other people involved in the transaction can also lead to beneficial outcomes. Buyer representatives are personal guides and advisors for what will be one of the most important events in your life.
Philadelphia Buyer Agent Services
Philadelphia representatives perform many tasks throughout the home purchase process. In the preliminary stages, they help you consider options, and view and compare properties. Once you find a home, they assist with filling out contracts, evaluating inspection results, meeting critical deadlines, and understanding the mortgage process. Buyer representatives are expected to fully understand the process and properly advise you on important steps. They can also suggest appropriate experts for things that you may require along the way such as attorneys. Philadelphia buyer agent services can be a very valuable resource to home buyers.
Selecting A Buyer Representative
When Selecting a a buyer agent, consider your requirements. Do you like to look online for properties on your own or have an agent preview and select them for you? How tech savvy do you want your agent to be? Do you want an agent with any designations? Are you looking at a unique type of real estate that may require additional experience from an agent? Do you work better with specific personalities? Asking yourself these questions will help you better analyze Philadelphia buyer agent services and select an agent that best fits your needs.