Mary Margaret Davis Real Estate Team
News > Can Someone Help Me Buy the Right Condo? Yes, a Buyer's Agent
Every condo buyer can benefit from a buyer’s agent. Without your own Fort Worth real estate professional to watch your back and look out for your best interests, the condo buying experience can be frustrating and costly.
When you call the listing agent from a sign or ad, you’re calling the seller’s agent who’s motivated to primarily sell the property for the seller. Careful what you say when you walk through the door of an open house - the agent there is probably the seller's agent and you are a "customer", not a client.
Though agents can legally represent both the seller and buyer, that dual relationship can often be a slippery slope - especially when price negotiations are involved. While a buyer’s agent would advise you on making a reasonable offer (or in the right circumstances, an aggressive offer), the seller’s agent will ask you what you what price you want to put on the contract. In defense of sellers’ agents, they are in the position of trying to make both parties happy, which can be a challenge. But that’s not your problem. Your objective is to find the best condo for your lifestyle, taste and budget. You have a choice. You can either settle for limited representation from the seller’s agent or opt for full representation from your own buyer’s agent. If providing equal representation to parties with opposing goals was an ideal scenario, lawsuit opponents and divorcing couples would share the same attorney.
Time, Money and Expertise
You can spend an enormous amount of time shopping for a condo through listing agents. By getting to know you and your condo goals, your buyer’s agent can weed out unnecessary showings and focus solely on properties that fit you thus saving a significant amount of time.
A buyer’s agent may also save you money. When the time comes for you to make an offer on a condo, your agent can research comparable properties and advise you on a price that reasonably aligns with market value and conditions, and can help you find opportunities to negotiate price and terms in your favor.
In a hot market, your buyer's agent may help you AVOID overpaying. When multiple offers are on the table, the best offer often exceeds the asking price. Your buyer’s agent can help you decide whether buying at a higher price is the best choice, or waiting for another condo or townhome is a better move.
And finally, if you are looking for a condo or townhome, you should find a buyer's agent that knows this product well. There are too many nuances to condo and townhome purchases that shouldn't be left to an agent that isn't experienced in this product.
I’d like to apply for the job of your buyer’s agent and help you find your dream condo, loft or townhome. Contact me today so we can explore your goals, and the location, features and amenities you’re seeking.
Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2024-02-23 01:11:19