Why Hire A Buyer's Agent in a Booming Market
Do you want to over pay? There is no easier way to pay more than you should than to call up the listing agent in a seller’s market and expect to get a deal. While a seller’s agent will be fair and honest, there is an allowance for puffery and giving you market conditions that might be scary. So if you want to most certainly over pay for y our next property when in a booming market, don’t hire a buyer’s agent. Also, your buyer’s agent should be discussing value and running numbers to ensure the home is worth what the seller is asking or you are offering.
Could you use a little help in finding your next dream property? I think we all could. A proper buyer’s agent will sit down with you to discuss your needs, wants and discuss the reality of the current market and how it will play into your search. The buyer’s agent will be keeping your needs and wants in the back of their mind to ensure they can find your next dream home. Like a bid dog, they are always hunting.
So you have found the perfect home? How do you make it yours? Maybe there is a seller’s market and multiple offers. Do you know what to do? Your buyer’s agent is your trusted advisor. They know the ins and outs of the entire process and can help make good decisions in negotiating. In some cases they will negotiate for you before you even know you are negotiating.
Hiring a buyer’s agent is never a bad idea. It may cost you some cash, but in the end if you get that property in the area you want to be, it will be money well spent. Ask questions and interview a few people before making a decision, that will ensure you hire someone you trust.