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Donahue & Maley Team's Blog

By Donahue & Maley Team | Agent in Wellesley, MA

Who Needs a Buyer's Broker?

Who Needs a Buyer’s Broker?

You do! While there’s a lot of online information, resources, and “noise” out there regarding the housing market and sites you can peruse to find your dream house, these can only be useful as baby steps toward buying your new home.  Conducting a real estate search entirely on-line can be a frustrating and painstaking endeavor.  It’s for this reason that we thought we should set the record straight and write a blog that provides answers and real reasons for working with a Buyer’s Broker and the rewards you’ll receive for doing so.

But wait, won’t I save money if I buy my home directly through the Listing Broker?

The answer is no!  The only person that will make more money if you buy a home direct is the listing broker!  If you want someone looking out for your best intentions then you need your own broker.

Working with the right Buyer’s Broker and leveraging their knowledge and resources will land you in your ideal home with greater speed and efficiency, at the best price. You’ll enjoy a more positive experience, a smoother transaction, and a friend you can rely on should you ever need to buy or sell again.

What you’ll gain by working with a Buyer’s Broker:
  • Your broker can help you get prepared so you can act quickly when the right house becomes available for sale
  • A complete competitive market analysis of homes that have recently sold, homes currently on the market, and overall pricing in the area.  Good buyer brokers have been inside all of the homes in the area and know the market activity.  They can share many details that are not revealed on-line.  Ultimately, a good buyer broker can save the buyer time and money.
  • A trustworthy resource that’s highly connected within the town—equipped for answering all questions related to the various properties, neighborhoods, schools, and basically any other questions pertaining to the area
  • A strong negotiator and advocate on your side, especially if a bidding war ensues
  • Assistance with terms of the sale
  • Someone whom will help arrange for and attend your home inspection, walk through, and closing
Every home buyer’s situation is unique. The complexities surrounding the process of purchasing a home require a caring and highly experienced advisor at the helm. Navigating the minefield of emotional, financial and legal pitfalls can be daunting, especially in a highly competitive marketplace, so choose your new Broker carefully. Ask for a referral from friends, then interview the new broker to ensure a good fit. Ask for their references and call them. The key is to work with the best broker for your specific needs so that your buying experience will be a positive one.

We hope you’ll find this information useful, and as Certified Contract Negotiators ourselves, we’re available and at your service 24/7 to answer any questions or assist you with your buying process.

Lynn Donahue and Donna Maley

Donahue & Maley Team
Wellesley's #1 Team

Benoit Mizner Simon & Co.
54 Central Street
Wellesley, MA 02482
781-237-8181 Office
781-264-5225 Lynn cell
508-254-9288 Donna cell

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