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What
can a Buyer's Agent do for you?
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Understand
your housing needs |
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Search
diligently for all homes that meet your needs
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Provide
undivided loyalty – put your needs above all others |
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Evaluate
a home’s features, lot, and resale value - positive or negative - and
assist in making an objective comparison with similar properties |
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Provide information
regarding lending institutions, inspectors, etc.
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Research
information regarding property and area:
days on the market, reason for selling, will seller accept lower price,
etc.
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Price
counseling comparing similar properties which have sold recently and
properties which are currently on the market
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Suggest protective clauses and stipulations to be included in the
contract |
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Present
contract to Seller or Seller’s Agents
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Negotiate for best price and terms
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Perform ministerial acts to complete contract and sale
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Provide information on available and recommended inspections
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Coordinate
and maintain contact with lenders, inspectors and sellers throughout term
of contract
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Accompany
you and assist with inspections and walk-thrus
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Attend
the closing, audit closing statement, reconcile good faith estimate with
figures on closing statement
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Follow-up after closing to assure all terms of contract have been
honored |
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Act honestly and in good faith
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Maintain confidentiality |
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Over
time, provide reminders relating to:
Termite bond renewal
Mortgage insurance premium waiver
Filing for Homestead Exemption
Pre-payment ideas to reduce mortgage term
Suggestions for customers with FHA loans |
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Remember
- you must request your agent to represent you. Without an
agreement, your agent is required to act simply as a transaction
agent.
Agency Agreements |
