Why buy a
home from the listing agent who represents the seller?
Purchasing Vero Beach Real Estate is a complex and major transaction with many details to be
handled. When you call the agent listing a home, that agent is actually negotiating for the seller, not you
the buyer. The best way to be certain that an agent is working
for you, is by signing a buyer representation agreement with
Vero Coastal Homes. This is recommended for any Vero Beach FL home for sale, especially foreclosures and
short sales in Indian River County. Since all commissions will be paid by the seller at closing, it
costs you nothing to have your own agent!
A real estate buyer's agent represents the buyer who is purchasing a home.
Research by the National Association of REALTORS has shown that when a buyer's representative is used, the
prospective buyer found a home one week faster and examined 3 more properties than consumers who did not. Most
listing agents will try to sell you their "in house" homes in Vero Beach listings first. The buyer's
representative works for the buyer and has the legal duty to keep your best interests in mind throughout the
entire Vero Beach real estate process.
A buyer's representative will:
- Evaluate the needs of the buyer and locate
properties that fit those specifications.
- Assist the buyer to pre-qualify with a lender and show
properties in that price range.
- Accompany the buyer on the showings, or preview the
properties on behalf of the buyer.
- Research the selected properties to identify any problems
or issues
- Advise if a foreclosure or short sale in Vero Beach or
Sebastian is right for you.
- Assist the buyer on structuring an appropriate offer to
purchase the selected property.
- Present the offer to the seller's agent and the seller on
the buyer's behalf.
- Negotiate on behalf of the buyer to help obtain the
identified property.
- Most importantly, fully-represent the buyer throughout the
real estate transaction.
It is important for the buyer to discuss the buyer's representatives
compensation in the initial interview. In many cases it is recommended that the buyer and the
buyer's representative agree to the terms of compensation prior to viewing properties, and sign a written agreement
based on those terms. The agreement should spell out the responsibilities of both parties throughout the
transaction.
| 
