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Loriann M. Harrison's Blog

By Loriann M. Harrison | Agent in Pembroke Pines, FL

The Advantages of Working with a Buyer’s Agent

If you have begun your search for a home in Broward County, FL, you’ve probably realized that there aren’t as many options as you might have hoped.  While wanting to take advantage of an opportune buyer’s market, you may not wish to compromise on the amenities and/or features of your future home.  How can you be sure that you are seeing everything that is available?

The only way to ensure that you have access to every property listed on the market is to work with a Realtor in SW Broward County.  Not only do these agents have access to the most updated information on the MLS, they also have networks of others agents that enable them they ability to hear about a listing before it is activated on the open market.  It isn’t uncommon for a listing agent to announce an upcoming listing in an office sales meeting, or send fliers out to fellow agents.  This is a benefit that you can’t get if you are house-hunting on your own. 

Another huge disadvantage to working on your own is lack of representation.  Did you know that buyer agency representation has only been around since the 1990’s?  Before that, every agent worked for the seller, which made sense since the seller was the one paying the commission on the sold home.  However, in the early 1990’s states passed the statute law creating “buyer agency.”  The seller still pays the commission (another huge advantage to buyers) but now they are paying the cooperating broker to represent the buyer, instead of simply procuring the buyer.  You could theoretically equate working without a buyer’s agent as representing yourself in a court of law.  Without an agent on your side, you have no one to negotiate (among other things) on your behalf, leaving you at the mercy of the seller and their agent.

Without a buyer’s agent, you also don’t have access to any of the broker’s resources.  These resources range from the benefits given above, to the peace of mind knowing that your broker has attorneys who have drafted and reviewed all documents, procedures, etc. to avoid any legal wrong doing.  A sales contract is not one to be taken lightly, and certainly not one to sign without informed consideration.  There are many other steps taken after the sales contract is ratified that happen behind the scenes to ensure that the represented buyer is protected.  While you as the buyer will not be involved in these steps, you can be sure that they are absolutely critical to a successful and binding transaction.

If you are searching for a reliable buyer agent, contact Loriann Harrison.  She is a trusted resource with the answers to your home buying questions.  Her experience helping buyers and sellers in SW Broward County allows her the ability to conduct targeted home searches.  She also has unparalleled negotiating skills to offer you support to the closing table and beyond.

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