15 Aug 2019

Buyers, It’s Time To Get Your Own Sarnia Realtor!

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Buyers, It’s Time To Get Your Own Sarnia Realtor!

Many people look at listings on MLS Sarnia and call the listing agent for a showing. Or, they show up to an open house and when they are ready to put an offer in, they use the same listing agent. There are no rules saying you can’t do that. However, your Sarnia Realtor should be telling you they work for the seller first, based on signing a contract with them first. And you should see a conflict of interest page to sign off on as well.

But buyers, it’s time to get your own Sarnia Realtor before you start your search. With access to Sarnia Real Estate so readily available, it’s no surprise people are taking things into their own hands. But when push comes to shove, if a house is listed on MLS Sarnia, you’re going to need a Sarnia Realtor to do some work for you. So, the question is, do you want one working for you, or one that is working for the seller?

What do Sarnia Realtors do for buyers?

The simple role of the Sarnia Realtor when working with a buyer is to get you from Point A to Point B. As in, getting you thinking about what you want to buy to actually moving in. In between that is plenty of work that needs to be done. And it needs to be done in the safest way possible with your interests in mind. When you sign a buyer’s agreement with a Sarnia Realtor, they work for you. Not the seller or the seller’s agent. They work for you.

It’s important to have someone who is always on your side of the deal, looking out for your best interests. That is called fiduciary duty in real estate. It’s a Sarnia real estate agent’s job to keep you protected through the process of buying a home. That includes things like confidentiality. You should feel free to speak to your Sarnia real estate agent about your goals, your price point, your mortgage level, without worrying about that information coming back to hurt you.

For example, if you were working with a real estate agent who was also working with the seller and you told that agent what your highest price would be, the seller’s agent can inform their client about it. That’s because they signed a seller’s agreement which entitles them to confidentiality and information.

Navigate the Sarnia Real Estate Market

If you have been looking at some of the houses for sale in Sarnia, you will notice the market is very fast-moving. There isn’t much time to waste. Did you know that houses could have accepted offers, but still be listed on MLS Sarnia? That’s because there could still be conditions on the offer. So, the house will remain listed. However, if your Sarnia real estate agent is looking for houses for sale, they can make phone calls and find information on the conditions of the house. Finding out a deal is about to close could save you valuable time trying to book a showing for a home that is already off the market.

At the same time, Sarnia Realtors can be looking up new homes for you that have yet to hit MLS Sarnia. Other Realtors send emails with upcoming lists, or they network together and let people know of houses for sale. So, while you could be on MLS Sarnia yourself, having a professional look through listings, making phone calls and finding more information gives you better odds at actually find a home you want. As well, they can educate you on specific areas, including recent sales in the area for comparable value. That way, you go into an offer knowing the value of the area and ensure you are making a proper offer.

Sarnia Realtors negotiate and complete the process

As we mentioned, finding the right price for a house for sale in Sarnia is important, and your Sarnia Realtor has the information. With a buyer’s agent working for the buyer, their job is to get the best price for their client. However, if the same agent was working for the seller first, their duty is to get the best price for the seller. Do you see why it’s important to have your own agent? Especially when it could be costing you thousands of dollars.

Buyer’s real estate agents will look at comparables and help you come up with a price. They understand how the differences in bathrooms, room size, bedrooms and backyards affect the value of the house. It’s also important to know that the buyer’s agent can help negotiate terms. Things such as dates of home inspections, possession dates, and other conditions like cleanliness when the keys are handed over.

It’s also their job to do the paperwork needed for the offer. They will write the conditions properly so they are legally binding. Without a buyer’s agent to help you through the process, you can easily get lost in the shuffle of paperwork that needs to be completed.

Have someone on your side

In any Sarnia real estate transactions, there are two sides to the deal. The buyer and the seller. So, shouldn’t you, as the buyer, have your own representation? Why would you want someone who is also working for the seller to help you through this difficult process? Buyer’s agents only get paid when they find you a house and it comes from the seller. So, that makes it an even better reason to sign up with a Sarnia real estate agent as a buyer.

In this busy market, there is no time to waste. At Price and Associates Realty, we pride ourselves on working with buyers directly. So, if you’re in need of someone to represent you in a Sarnia real estate dealing, don’t hesitate to call us. We’ll go through our buyer’s consultation with you. And we ensure we are a great fit for each other. That’s before we start searching for the home that is right for you.