Buy a House Fast

This is the third post in a four post series. For more information on real estate agents, visit: Part 1 and Part 2.

Now that we covered what seller’s agents do, it’s time to discuss buyer’s agents. Who are they and what do they really do?

Buyer’s Agents:

A buyer's agent can help you buy a house fast!

As inferred by the name itself, Buyer’s Agents are employed by a potential buyer to represent them during the home purchase process. When a buyer hires an agent, they come upon an agreement which usually specifies the agent’s duties and details how the agent will be paid.

There are many variations on how buyer’s agents are paid. Often, they are compensated by the seller through a commission that is usually split with the listing agent. Sometimes they are given a sales commission by the buyer. Occasionally, based on what was decided in the agreement, buyer’s agents have charged the buyer a retainer or hourly fee for their services.

Just as the seller’s agent looks at prioritizing the seller’s best interest in a given transaction, a buyer’s agent focuses on representing the buyer’s interests and needs which include effectively negotiating the best price that the buyer can get for the house.

Thinking of buying a home fast? if you are still a little iffy on how the process works, you’ve come to the right place. Express Realty Services is here to help you. With a host of both buyer’s agents, listing agents and seller’s agents, and an in-house lender in place, we can help you go through the pre-approval process at no extra charge. Besides, we sell more than 30 homes a month, catering to a wide range of budgets. So we’re sure we can find one home that’s just perfect for you.

Just pick up the phone and call us at 1-888-306-9450 or visit our website.

This series will be continued. For more information on the role and function of real estate agents, continue to read our blogs.

If you have any tips or suggestions that you’d like to share, please feel free to comment on this blog post.

This is the second post in a four blog series. For more information on real estate agents, visit: Part 1 and Part 3.

Now that we’ve discussed how a real estate agency works and the relationships between agents and their principals, we can now elaborate more on the agents in a home sale process.

A seller's agent all ready to hand over the keys after closing!

Seller’s Agent:

As the title suggests, they are real estate agents who are hired to represent only the seller in a given transaction. In some agencies they are also known as ‘listing agents’ because they also list homes for sale, often marketing them through the Multiple Listing Service (MLS). There are also instances when seller’s agents find buyers for a home. It is part of their role – to find the right buyer for the house they are trying to sell. However throughout the transaction, the agent clearly works in the best interest of the seller alone.

How do they help?

They aim to negotiate the highest price and the best deal for the seller. They are expected to be honest with the buyer throughout the transaction. They are often required by law to disclose certain kinds of information about the property to the prospective buyer.

What they shouldn’t do?

Since a seller’s agent represents the seller, they are not supposed to provide any confidential information about the seller, to the buyer. For example they should not offer their opinion about the real value of the home or tell the buyer the price that the seller is bound to agree to.

If you need help with your current home, or intend to buy a new one, you’ve come to the right people. Express Realty Services can help you find your dream home without any hiccups. With over 20 listing and seller’s agents working in-house, we’re extremely efficient at our work!  We’ve sold over 800 homes in the DC metro area and are here to help you find your perfect place at a mortgage rate that’s most comfortable for you.

Just pick up the phone and call us at 1-888-306-9450 or visit our website.

This series will be continued. For more information on the role and function of real estate agents, continue to read our blogs.

If you have any tips or suggestions that you’d like to share, please feel free to comment on this blog post.