Ea, Home Buyer in Buffalo, NY

Should I consider hiring a buyer's agent in this market? If so, where do I go to find an accredited agent?

Asked by Ea, Buffalo, NY Sun Apr 6, 2008

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13
PAT McCRAY, , 48014
Wed Jun 11, 2008
It is in your best interest to find an Accredited Buyer Agent to work for you in your behalf.
I listed a site. Hopefully this ABR site will help you in find the Realtor your hoping for. Good Luck .
0 votes
Kelly Hagglu…, Agent, Newberg, OR
Wed Jun 4, 2008
Interview Real Estate Brokers! Brokers who work exclusively with Buyers are not divided in their attention. Listing, marketing and Selling Listings is a lot of work and takes many hours of a Realtor's time.

It is definitely an advantage to work with an exclusive Buyer's Broker accredited or not!! As a Buyer you need to have the attention focussed on you no matter how long it takes for you to find that perfect home!!
Web Reference:  http://www.TheKellyGroup.net
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Michael Thom…, Agent, Lambertville, MI
Wed Jun 4, 2008
A Realtor is bound by agency to work for their client. Whether you are working for someone who is listing their home or buying a home. Realtors have access to much more information then what is available on the web today, although there is a lot of great info out there for buyers and sellers. Make sure you are comfortable with any Realtor you work with and that you have an open communication with them. Interview a few before committing to one. Best of luck.
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Lisa Manley-…, Agent, Bixby, OK
Wed Apr 23, 2008
I highly recommend working with a Buyer's Representative, versus dealing with just the listing agent. Your Buyer's Rep is working for YOU, and the listing agent is working for the homeowner. The difference is essentially this: If you obtain the services of a Buyer's agent, she will have your best interests in mind--she is like your personal coach. If you make an offer with the listing agent, she is the umpire--there is a big difference. Your buyer's rep. will take you to the properties that are in your price range, with the amenities that you want. The wonderful thing about this process is that the folks selling the home have already agreed to pay your Buyer's Rep. Fee--so it is all free to you. Be sure to pick a Realtor you like and trust and stick with her-
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Yvonne Jacobs, , 48144
Wed Apr 23, 2008
Hi Ea, I always recommend you hire a Realtor to work for you as a buyers agent. He or she will advise you with your best interest in mind. This is a wonderful time to be buying a home. Interest rates are low and the inventory is high, giving you a lot to select from. Right now there are some great deals out there due to the market adjustments. If you have not already talked to a lender, I suggest you contact one to get preapproved to determine what you can afford. You will need a preapprovall letter before writing an offer on a home. I am a Realtor in Monroe county MI and in Ohio. Our MI office is located in Lambertville. Please visit my website to view my listings.
Web Reference:  http://www.YvonneJacobs.com
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Connie, , Newport, MI
Fri Apr 18, 2008
Hi Ea! I am an Accredited Buyers Represenative (ABR) (an earned designation) that lives and works in Monroe County and am very familiar with Lambertville. If you have any questions that I can help you with, please feel free to contact me at connievicary@sbcglobal.net. Connie
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Melinda J. R…, Agent, Hudsonville, MI
Mon Apr 7, 2008
Ea, having a buyers agent represent you is a fantastic idea! I always say it is kind of like going to court...would you want to be using the same attorney? This of course is your decision, but I certainly do not think it hurts that an agent is thinking of your best interest. If the property is listed, the seller has already contracted to pay your buyers agents commission. So the best of both worlds! You have an agent representing you and the seller is contracted to pay the commission for your agent!

As far as finding an agent. You might want to start talking to people at work or other social groups you are involved with and see who they have used locally and if they were happy with that agent. Of course I can always help you find an agent as well if you need help with that. You might want to talk to a couple of agents and see who you feel comfortable with. It does not hurt to ask questions prior to signing a buyers agency contract with an agent.

I hope this information helps! Best Wishes!
Web Reference:  http://www.gomelinda.com/
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smith3gary, Agent, White Lake, MI
Sun Apr 6, 2008
Ea, Congratulations on asking this question before purchasing. The State of Michigan requires Buyer Agency for the protection of consumers. In fact, unless you are working with an agent under a signed BA agreement, they must work for the benefit of the home seller.

If you go to http://mirealtors.com , the Michigan Association of Realtors website, they have a link to this website on the top menu under consumers to find an agent. http://mi.living.net/ Buyers Agent is one of the choices. On occasion, the information is incorrect either because of recent changes in Brokerage or because the agent has not taken the time to update their profile.

Missy is correct, any agent can reprisent you except the agent listing the home you're looking at. Not all experienced agents "specialize" in working with buyers, most work with both buyers and sellers and therefore do not specialize.
Web Reference:  http://www.mi-living.com
0 votes
Cynthia Stan…, , 29582
Sun Apr 6, 2008
Visit the site http://www.REBAC.net. You can search for an agent with credentials to represent you as a buyer.

"The Real Estate Buyers Agent Council, REBAC, was founded in 1988 to promote superior buyer representation skills and services. An affiliate of THE NATIONAL ASSOCIATION OF REALTORS since 1996, REBACs membership now numbers well over 40,000 and is the worlds largest organization of real estate professionals concentrating on buyer representation. Members who meet all course and professional experiential requirements are awarded the ABR (Accredited Buyers Representative) and/or ABRMSM (Accredited Buyers Representative Manager) designation(s). Both are the only designations of their type recognized by NAR."

This quote is straight form our ABR site.

May your house hunting adventure prove to be successful and smooth,
Cynthia
Web Reference:  http://www.REBAC.net
0 votes
Sandy Shores, Agent, Melbourne, FL
Sun Apr 6, 2008
It is always recommended that you have an agent representing you in the home buying process to protect your best interest. Be aware that when you hire a buyer's agent, typically, it costs you, the buyer, nothing. The agent's commission is usually paid by the seller or the lender. (this scenario could be different if you were to purchase a For Sale By Owner).

Best wishes,

Sandy Shores
0 votes
Larry Story, Agent, Greensboro, NC
Sun Apr 6, 2008
Ea,
Yes you definitely want someone to represent your interests alone. A buyer's agent is obligated to keep you information confidential and to help you negotiate the best deal for you. As the agents before have mentioned we can all refer you to agents just as I could refer you to a top agent in your area through our international network. I would interview several until you are comfortable with the agent and are sure that it is a good fit. You want someone that is has a good working knowledge of the areas you wish to look into. so good luck and happy house hunting. If you do decide to need a referral do not hesitate to drop me a line and if you like I can prescreen the agents to help you.

Larry Story
Coldwell Banker Triad
larry.story@coldwellbanker.com
0 votes
Missy Caulk, Agent, Saline, MI
Sun Apr 6, 2008
Any Realtor can represent you as a Buyer Agent, there will be a disclosure form that explains the different types of agency to you.
If you want an agent that has the ABR designation then you can Google Agents in your area, then call and ask if they have their ABR designation.
I got mine many years ago, but tired of renewing it every year. It has no effect on the quality of agent you choose but if you want that designation behind their name then that is my suggestion.
Yes, you definitely need representation in this market, they will be able to comp the neighborhood and tell you what to offer and will be looking out for your best interest.
Web Reference:  http://MissyCaulk.com
0 votes
Nicole Sleeva, , Novi, MI
Sun Apr 6, 2008
Hi Ea!

You should absolutely have a Buyers Agent in ANY market. If you don't have an agent that represents you, the agent is obligated to the Seller. I have a referral network so I could refer one to you. Or you can visit http://www.REBAC.org to search for an Accredited Buyers Representative. Agents like me, who have received this designation, have completed continued education and experience specific to Buyers. Good Luck! It's a great time to be a buyer!

Nicole Sleeva
nsleeva@cbpreferred.com
Web Reference:  http://www.NicoleSleeva.com
0 votes
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