Buying a Lakeland FL Home – What is a Buyer’s Agent?
Many times I get calls from consumers looking for more information on a particular Lakeland FL home they found on the internet, in particular on my website or on my blog site. Most of the callers think that these Lakeland FL homes for sale are my listings. Well, truth be told many of the listings and currently there are over 1500 homes for sale, are really not all my listings. - Educate buyer’s client to help understand the process from the beginning until the end.
- Preview and setup showings for the buyer.
- Provide the buyer with detailed information about the property the buyer has shown interest in.
- Provide the buyer with a comparable market analysis to determine an offer price
- Providing all necessary disclosures that applies to the home, i.e. Short Sale, Lead Based Paint Disclosure, Property Seller’s Disclosures, etc.
- Making sure that the buyer understands the numerous deadlines that appear in the contract for sale and purchase
- Prepare the offer for the buyer and making sure buyer understand the offer.
- Advise the buyer to seek legal and tax advice.
- Timely deliver contract and counter offer, if necessary
- Collect or make sure the earnest money deposit is timely delivered at the title co. or attorney’s office.
- Communicate with the mortgage broker/lender throughout the loan process to avoid any unnecessary delay.
- Review Good-Faith estimate on behalf of the borrower/buyer.
- Schedule all inspections and be in constant communication with the buyer.
- Attend all inspections and re-inspections and communicate the inspector’s findings.
- Be present at the time the appraisal is done and if necessary when there is a FHA/USDA or VA loan required repairs.
- Be in constant communication with lender, title company and buyer to make the closing process as smooth as possible.
- Review the settlement statement with the buyer.
- Arrange for final walk-through.
- Attend closing.
This question – why should I hire a buyer’s agent? – comes up more and more of home buyers, who consider hiring a Lakeland buyer’s agent. There are Lakeland, Florida home buyers, who say the following:
- I can search for homes on the internet, so why should I hire an agent.
- I can get home values on sites such as Zillow and Trulia, no need for a real estate agent.
- I can save thousands of dollars in commission, no buyer’s agent needed.
As an experienced Lakeland buyer’s agent I can do this and so much more:
I can search the Multiple Listings Database (MLS) and instantly sent you a notification of homes that came on the market, when price reductions occur, keep an eye on “For Sale By Owners”, expose you to more choices of homes other buyer’s agent may not be aware of, search the history of a home so you don’t have to waste hours of your valuable time.
Prepare a comparable market analysis (CMA) just for you, the home buyer, on properties of your interest with up-to-date information that you can’t get from Zillow or Trulia.
Complete the real estate sales contract and help with the negotiations based on market conditions, property conditions, any information I may find about the seller’s situation. Oversee deadlines and follow up with inspections, financing, title requirements, which can save you thousands of dollars.
You don’t want to make the same mistake like the seller in this news report, who was not represented by an experienced buyer’s agent.
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