Why work with an Attorney Buyer’s Broker
The following are great reasons to use an attorney exclusive buyer’s broker when buying real estate:
#1. Having an attorney buyer’s broker is FREE to the buyer. Some people think they can save money by not using a buyer’s broker. In most cases, this is simply not true; and in fact, it is usually just the opposite. In residential real estate, the commission is usually paid by the seller whether or not a buyer’s agent/agent is involved. You get the expertise, loyalty, judgement and experience.
#2. Having an attorney buyer’s broker gives you more negotiating power. Our experienced real estate attorney buyer’s brokers are experts at negotiation. Why? Because we have done this thousands of times. Yes, thousands of times. As other real estate agents this question. We help you get the best price but with the best chance of actually getting the property you want.
#3. We give you full access to the MLS. As a member of the multiple listing service (MLS), In House Counsel Real Estate has full access to the searchable database of MLS listings. We can provide email reports, We can setup auto emails to notify you automatically if a listing comes on the market that meets your criteria. Sometimes we can even tell you about new listings before they come on the market.
#4. An attorney buyer’s broker is a great resource of knowledge and information. Not only are we very familiar with the history and demographics of the area, but we know a lot about real estate. Why? Because we have closed thousands of purchases and sales. Yes, thousands of purchases and sales. Ask other brokers if they have that kind of experience. We know the towns, the neighborhoods and the schools, But we know zoning and building laws. We know about boundaries and fencing. We help you make the best decisions that will keep you happy and out of trouble.
#5. An attorney buyer’s broker looks out for your best interest at all times. Your attorney buyer’s broker has a legal and ethical responsibility to represent your best interest at all times. Some of the duties that your attorney buyer’s broker has to you include: loyalty to you, promoting your best interests, disclosing known material facts, maintaining confidential information, and accounting for any money they handle in the transaction. In short, it’s nice to know that someone has your back when you’re in the process of buying real estate.
IMPORTANT: The seller’s agent, or the listing agent, represents the seller, not the buyer, and their loyalties are to the seller. They must tell the seller anything you tell them, even if it hurts your negotiating position. For obvious reasons, you should never provide a listing agent with any information that you wouldn’t want a seller to know about you. Even information that may seem trivial could potentially provide a seller with an unexpected advantage during negotiations.
Here is a great article about the importance of using a Buyer’s Broker:
|Should a buyer work directly with the listing agent? – The Boston Globe www.bostonglobe.com Many buyers think they will get a better deal on a home if they work directly with the listing agent. They believe a listing agent will reduce the commission if he or she doesn’t have to share …|
CEO and Founder, Attorney Howard Gold has over twenty (20) years experience representing Buyers in residential real estate. He has successfully closed more than seven thousand (7000) purchases, sales and refinances.
Howard is a licensed Buyer’s Broker in Lincoln, Sudbury, Wayland, Weston, and Wellesley. He can be reached at firstname.lastname@example.org and via phone/text at 781-412-5050.