Buying A Home Without One Could Cost You!
A buyer's agent represents your best interests,
and works to get you the home you want at the best price and
the best terms. Part of this includes preventing costly
errors, such as failing to find out about defects in a property
or its actual value.
Traditionally, all real estate agents represented
the home seller, and the buyer had no representation during
the home search and purchase. Today, home buyers can benefit
from professional representation by choosing a "Buyer's Agent."
Legally, a buyer's agent's responsibilities
are defined by Montana laws and the REALTORS® Code of Ethics,
and generally include confidentiality, full disclosure and accurate
accounting. A buyer's agent's goal is to help you buy
the home you want--and buy it at the right price.
What does a buyer's agent do?
- Represents you in every part of the purchase process.
- Provides professional advice in finding the right property
at the right price.
- Locates and researches properties that meet your requirements.
- Negotiates with the seller.
- Puts you in contact with mortgage services, title and
insurance companies and home inspectors.
- Reviews documents for accuracy.
- At closing, verifies that all terms and conditions of
the purchase agreement are met.
But, that's not all. As your representative,
a buyer's agent will share helpful information with you, such
- Whether the seller would accept a lower price.
- The seller's reason for selling and their timetable.
- How long the home has been on the market.
- Previous offers and counteroffers for the property.
- Strengths and weaknesses of the property.
How is a buyer's agent paid?
A buyer's agent usually receives a share of
the sales commission built into the list price. In most
cases, a listing agent agrees to split a sales commission with
any agent who obtains a buyer for the seller's property.
In other words, it generally doesn't cost you anything to be
legally represented by a buyer's agent!
Buying a home is probably the most important
purchase of your life. Choosing to be represented by a
buyer's agent means you'll be able to make an informed, intelligent
decision. The Big Sky Blue Team is eminently qualified
with years of experience working for you, the buyer, to get
you the home you want at the best price possible.
What others are saying
"Agents: How to hire on for your side." "Most
agents who show you home don't represent your interests.
They work for the seller, and their objective is to sell the
house for the highest possible price." USA Today
"You have a whole new evolution of practice
in the marketplace." said Sharon Millet, a Maine real
estate broker who headed the 22-member NAR task force that issued
the report. Millet said that the report's recommendations
are designed to give home buyers and sellers easier access to
the "kind of representation" that they want." Washington
"Buyer Advocacy appears to be taking off."
"I'll never buy a house any other way." Wall Street
"To Buyers: If you want representation,
work with a buyer broker. They are legally obligated to
represent your interests in any negotiations with sellers."
The Consumer Federation of America
"Groups such as the Consumer Federation of America
and AARP recommend using a buyer's agent. Smartmoney
"Many people don't realize that, unless specifically
stated otherwise, brokers are legal representatives of sellers.
A buyer broker, representing only the buyer, may be able to
secure a better price and better terms." Good Housekeeping
For more information, or to speak with a buyer's agent, email
or call Henry at 406-363-1643.