Benefits of using a buyer's agent.

A buyer's agent is critical for first time homebuyers and even experienced investors. There are many important things that take place behind the scenes and it may not be easy for you tackle them by yourself in a timely manner. See the list yourself

Before starting home search
Discuss Buyer's Goals
Provide Home Buyer Checklist
Discuss Different Types of Buyer Financing
Explain Closing Costs fo Buyers
Explain Earnest Money to Buyers
Refer Qualified Lender Contacts
Explain the Loan Process
Obtain Mortgage Loan Pre-Approval
Confirm Current Lender
Create Internal File for Buyers
Create Buyer Agency Agreement
Explain Buyer & Seller Agency Relationships
Provide Overview of Current Market Conditions
Explain Your Personal Value fo Buyers
Explain Your Companys Valve to Buyers
Provide Local Info On Areas
Explain the Value of The Neighborhoods
Provide Local Info On Schools
Explain the Value of Schools on Market
Explain Consumer Logic Versus Emotions


Home Search Handling Offers & Contracts
Provide List of Homes for Sale Counsel Buyers on Offer Strategies
Pre-Screen Homes for Buyers Counsel Buyers on Pricing
Tour Properties With Buyers Examine “Buying Power"
Explain In-Door Cameras & Showings Negotiate Seller Concessions
Verify Keys Went Back in the Lockbox Create Offer Contracts
Gather Comps on Interested Homes Provide Pre-Approval fo Listing Agent
Explain Seller's Staging Strategy Negotiate Contracts
Explain Marketing Versus Realty Explain All Disclosure Forms
Communicate with Showing Services Negotiate All Terms on Buyers’s Behalf
Walk through Home After Showing Determine Earnest Money Terms
Tum Off All Lights After Showing Deliver Earnest Money On Time
Work with Tenants for Showings Verity All Signatures Completed
Keep Track of All Showings Schedule Home Inspection with Sellers
Research Property Tax Info Aitend Home Inspection
Research Properly Ownership & Deed Verify MLS Data with Listing Agent
Research Property's Zoning Restrictions Identify Any Red Flags
Research Neighborhood HOA Negotiate Closing Date
Research MLS Data Communicate with Listing Agent
Explain Average Days on Market Negotiate Inspection Objection Deadline
Advise on Property Condition Communicate with Buyer's Lender
Advise About Property Location Continually Verify Buyer's Funding
Explain Seller Marketing Tactics Explain Earnest Money Process
Explain 3D Tour Marketing Negotiate Loan Objection Deadline
Describe the Buyer Pre-Screening Process Communicate With Title Company
Video Potential Homes for Buyers Keep Everyone On Schedule
Establish Showing Instructions for Buyers Return ALL Calls ASAP - Weekends Included
Map Out Homes for Showings Verity Interior Room Sizes
Explain Problems with Zillow /Trulia Examine Lot Size on Survey
Explain How the MLS Works Investigate Any Unrecorded Easements
Help Buyers Find Homes Review Plat Map from Title Company
Schedule Showings with Sellers Discuss Appraisal Process
Create MLS Sheets for Showings Negotiate Appraisal Deadlines
Explain Landscaping Options Verity Title Company Received Contract
Maintain Electronic Lockbox App Verify Listing Agent Has Received Copies
Keep Car Clean for Buyers Deposit Earnest Money in Escrow Account
Bring Water for Buyers Deliver Copies of Confract/Addendum to Buyers
Work Around Buyer's Schedule Keep Track of Copies for Office File
Provide Feedback After Each Showing Make Sure Title Commitment Was Received
Keep track of Showing Schedules Verify Home Owners Association Fees
Provide Marketing Data fo Buyers Obtain Copy of HOA Bylaws
Update Buyer's of Any Price Changes Confirm Water Source and Status
Setup Automatic Property Updates Verify Natural Gas Availability
Review Market Data Weekly Ask For Average Utility Usage
Ask For Transferable Warranties
Determine Need for Lead-Based Paint Disclosure
Verity Security System Ownership
Determine Property Inclusions & Exclusions
Explain Home Warranty Options
Verify any Existing Lease Agreements
Obtain Sellers Disclosures
Schedule Weekly Update Calls with Buyers
Update Buyer's Lender Weekly
Keep Track of Repair Schedules
Follow-Up on Appraisal Scheduling
Verify Any Appraisal Conditions
Verify Buyer's Home Owners Insurance
Schedule Final Walk Through
Negotiate Any Unsatisfactory Appraisals
Refer Trustworthy Contractors to Buyers
Coordinate Closing Times & Location
Make Sure All Repairs Have Been Made
Verify Title Company Has Everything Needed
Solve Any Title Problems Before Closing
Verify Power Of Attorney Are Submitted
Verity All Parties Are Notified of Closing Time
Receive and Carefully Review Closing Figures
Review Closing Figures With Buyer
Remind Buyers to Schedule Utilities
Perform Final Walk-Through With Buyers
Resolve Any Last Minute Problems
Review Closing Documents
Receive Any Home Warranty Paperwork
Receive Any Transferable Warranties
Verify Buyers Cash due at Closing is Correct
Get the Keys to the Buyers
Upload Alll Signed Documents to System
Close Out Buyers File
Verify Status Was Changed to “Sold”
Check In With Buyer's Affer Closing
Send Feedback Request

This sums up the basic roles for a buyer's agent. If you need to sell your home then you should be looking for a listing agent instead who should market your home to potential buyers.

Login or Register to save your favorite homes.