Hi Want To Buy,
Buyer agents can be an integral part of your search so it is a good thing you are thinking about what is required. I believe top buyer agents provide their expertise during the housing search, the contract negotiation phase and during the rest of the contractual period leading to settlement. Looking at these a little further, you'll want someone who can do the following :
- Complement your online search with key insights into properties and neighborhoods and supplemental property suggestions that you and the agent can check out. Help you understand the value of a property relative to the localized market, now and what the future might hold for the home.
- Help you craft your offer strategy based on the particular situation for your chosen property. You'd look at days on market, number of offers already registered, your financial strength and the speed with which you can settle, as well as a number of other factors. These things can lead towards providing an offer that has a strong chance of being accepted or negotiated. DC properties that are priced well do get competition so this a key part of what a buyer agent can do.
- Once you are under contract, there is a lot to do including the home inspection and subsequent negotiatiosn based on the results, possible appraisal discussions and even finessing certain condo issues (if buying one).
- Finally, it is important that you have good chemistry with an agent. You want them to help you through this process and be forthright regarding market value, strategies, and your situation. Having good chemistry facilitates those discussions.
Of course, you have many choices open to you so I hope my thoughts have helped you. Should you like to discuss things a bit more, feel free to contact me using the info below.
James R. Koppersmith, MBA
Licensed in DC/MD/VA
Century 21 Redwood Realty
1701 Q St, NW, Washington, DC 20009
1711 Wilson Blvd, Arlington, VA 22209
Top 1% Nationwide in Sales & Service