A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

 
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What would you do if you had an income tax or legal question regarding $200,000?

Who would you contact? Yes, most of us would find the best accountant or lawyer we could find! A home purchase often far exceeds $200,000 and many buyers don’t take it as seriously as they would a legal or tax concern.
 
Finding a Buyers Agent should be one of the very first steps you should take before you go finding a home. Let's look in more detail at what an exceptional Buyers Agent will do for you:
  • Represent you and your best interests, not the sellers
  • Respond honestly and accurately to your questions
  • Help you create a plan based on your wants and needs to find you the perfect home
  • Refer you to a lender or mortgage broker that has access to either first-time home buyer programs and/or trade-up buyer programs to find the most favourable loan for your particular situation
  • Using the criteria you provide, they search all possible listings and properties
  • With their experience they can point out the strengths and weaknesses of each property
  • Give you the truth about a properties value, not its perceived value in the eyes of the seller or seller's agent
  • Provide honest, complete information about the neighbourhood and how this can affect a home's future value
  • Provide you with a buyer's comparative market analysis (a Buyers' CMA) so you have a better idea of a home's value
  • Since your buyer's agent has seen hundreds or thousands of homes they can recommend enhancements to possibly add substantial value to a home – even before you place an offer on it
  • Recommend terms and conditions that you should add to your offer to protect your specific interests
  • Submit offers promptly and professionally
  • Negotiate the best price and terms possible for you since they aren't working for the seller
  • Help guide you through home inspections, financing approval and condominium document review
  • Follow-up on the myriad of details from contract to closing to help ensure nothing gets missed
  • Be with you during your possession and walk-through in case there are any issues that need attending to
  • Follow-up with you after possession of your home to see if you need help with anything or questions answered
  • Most importantly, they keep your personal information private from the seller and other agents, something listing agents are obligated NOT TO DO!

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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