As
a Buyer Agent, I work exclusively with you to find the best homes that
meet your needs and then negotiate the best price and terms for you. I
always place the buyer's interest first!
Buyer's Agents
represent home buyers
Seller's Agents represent home sellers
The vast majority of real estate agents
in Texas are seller's agents. Buyer agency, common in other parts of the
country, is a relatively new concept here. When you work with most real
estate agents, they are showing you properties on behalf of the seller -
even when they show you properties listed by other agencies through the
Multiple Listing Service, they are still acting in most cases as sub
agents of the seller. Though they may seem to be your real estate agent,
their fiduciary responsibility is to the seller - to get him or her the
best price and terms for their property.
A buyer's agent can show you all of the
same properties - with one big difference. My fiduciary responsibility
is to you - to get you the best price and terms as a buyer.
Working with a Buyer's Agent to purchase
property costs you no additional money! I'm paid from a portion of the
sales commission. You enjoy the benefits of an advocate working
exclusively on your behalf, at no additional cost!
The Benefits of Working with a
Buyer's Agent
Zero in more quickly on properties
that meet your needs
A traditional 'listing' agent will show you
their own listings first, even if they don't quite fit your parameters. If
they sell you one of their listings, they can double their return, earning
both the seller and buyer side of the commission. Then they'll show you
other properties listed by their office. Only then, if nothing catches
your eye, will they begin the time consuming research to identify
properties listed by other agencies through the Multiple Listing Service
(MLS). If 'your' agent doesn't have anything in their inventory that meets
your needs, precious weeks can go by before you're shown properties listed
by other agencies.
As a Buyer Agent, I delve right into the
Multiple Listings and show you any properties listed by any agency that
meet your needs. I also search the internet, scour local newspapers, check
foreclosure properties and 'for sale by owner' properties to find you the
right home.
Saves Your Precious Time
I typically preview properties before
taking you to see them, weeding out the ones that don't meet your needs.
When we look at homes together, I carefully note your likes and dislikes,
to tailor the search even further. And if you see a home for sale that
catches your eye while driving around the county, you can make one call to
me and get all the relevant information.
Help in Making Your Purchase
Decision
As a Buyer Agent I can give you opinions on
the quality of a home, the value of a home and comparisons between homes
that have been seen. Unlike a seller's agent, who is legally prohibited
from providing opinions which might compromise the seller's position, a
buyer agent is free to offer opinions and information to help you make the
right purchase decision. A Seller's Agent cannot say, for example,
"This house is priced $20,000 too high." But a buyer's agent
can.
Negotiating the Best Price and
Terms
Often the most nerve wracking aspect of
buying property is 'making the offer.' Without a Buyer's Agent to help
frame your offer it can be a shot in the dark. A Seller's Agent usually
will not provide you with relevant information - like the time the
property has been on the market or recent sales prices of comparable homes
- to help you shape your bid.
A Buyer's Agent, on the other hand, is
at your side through this critical point. I can provide you with 'comps'
of other similar houses that have sold to support your offer price. I'll
give you my opinion on how 'hot' the property is, and if an aggressive
offer is justified. I'll suggest contingencies to include in your offer to
protect your interests and handle the ongoing negotiations on your behalf.
Represent Your Interests All the
Way Through Closing
When your offer has been accepted, you're
halfway home. I stay with you all the way through closing. I can recommend
trusted lawyers and home inspectors, review inspection, title and tax
reports with you, and negotiate any needed repairs or purchase price
adjustments to ensure that everything moves smoothly to a closing with
your interests protected.
I believe strongly in buyer agency,
acting in an uncompromised position as advocates for our clients. The
payback is happy, satisfied clients who never have reason to doubt that
their interests come first! Wouldn't it be wise to employ a guide who has
been through the process hundreds of times, especially since the builder
or seller pays for "your" representation anyway?
Buyer Agency Makes Sense
Call me today for a free consultation.
Thanks,
Donna Garrison
512-264-2312 or 800-432-2312
email: donna@austinlakeside.com