A buyers agent in Roseburg OR is a real estate agent who works solely for the buyer, not the seller. Like listing brokers, a buyers agent also works on a commission. This is negotiated in the Buyer Broker Agreement before touring homes.
Your buyers agent will search for, evaluate, and negotiate the purchase of a home on your behalf, doing whatever it takes to help you navigate through every step of the buying process.
A good buyers agent can make it easier for you to find the home you want, and can also help you save money. Consider these 6 ways a buyers agent will save you money in Roseburg.
1. Savings on the Search
Time is money… which means your buyers agent will save you money on your Douglas County OR home search. A good agent will help you work through your home-buying needs and wants to refine search parameters and expedite the process.
Then your agent will conduct the home search for you, so you don’t have to expend time and money on it. This will involve researching likely homes for sale in the area, checking them against your specified criteria, and scheduling appointments for viewing that work with your schedule. A buyer’s agent does all this for you.
2. Valuable Niche Knowledge/Expertise
An experienced buyers agent will save you money in with their niche knowledge and expertise of the real estate market and trends. Your agent should understand and be competent in the specific market and neighborhood in Douglas County OR that you are interested in.
If you know exactly what you want, having narrowed your criteria and desired features, your agent can help you find exactly what you want and negotiate a better deal for you. Negotiating skills don’t necessarily transfer across all niches when the foundational knowledge is missing.
3. Broad Industry Connections
A buyers agent will have a network of industry connections to draw on when you need those many other professionals who play a part in a real estate transaction, such as the seller’s agent, inspectors, appraisers, and title officers.
If you had to find them all yourself, you might not know 100% what you were getting and could easily wind up overpaying. So your buyer’s agent will save you money while connecting you with the necessary professional expertise.
4. Negotiating Skill
As we mentioned above, an experienced buyers agent will save you money in Roseburg with honed and tested negotiating skills. Once you’ve settled on a property, your agent can advise you on pricing and should provide you with a comparative home evaluation.
The agent will draw up an offer to purchase and present it to the listing agent. If that offer is rejected, you have the option of going through the process of making a counter offer. Your agent can guide you through the whole thing, making sure you understand the fair market value so you don’t offer too much or give up too much on concessions.
5. Ability to Recommend Needed Professionals
Number, 5, a buyers agent will save you money in Roseburg because they won’t be operating under the same limitations and constraints as other agents. Your buyers agent is allowed to recommend home inspectors, lenders, and real estate attorneys.
Your buyers agent will know the best and most affordable in the business, so you you won’t have to risk hiring an unknown. A poorly conducted inspection, for example, could wind up costing you a lot of money further down the road in repairs of undetected problems.
6. Ability To Negotiate Buyer’s Commission And Get Seller Credits
Lastly, an experienced real estate broker with professional negotiation skills will be able to get most or all of your buyer’s side real estate commissions covered in the form of a “seller credit.”
This can be extremely helpful, especially if you’re a first time homebuyer or you have limited funds. You’ll see more seller credits towards the buyer’s side commission in real estate going forward from August 2024 on.
Choose Wisely
Choosing an experienced, qualified buyer’s agent is an important step in buying the home you want at a price that fits. And, as we’ve shown, a buyer’s agent will save you money in Roseburg.
Wouldn’t you like to shorten the search, find your dream home, and save money? If so, give us a call today at 541-643-1131.