Here are some Frequently Asked Questions regarding Buying a Home in today's market:
"Do I need to pay more when working with your Team?"
No, but you will certainly get more! In fact, whether you are buying or selling a home, our Team Members collaborate and share ideas, insights, and experience to ensure the very best outcome for ALL of our valued Buyer and Seller Clients!
"Do I pay a fee to have a Buyer's Agent?"
No, you do not directly pay us to represent you. Our firm's service fee is paid by the Listing Company that represents the Seller.
Your obligation to pay any fee is satisfied by this 'sharing' of the total commission (paid by the Seller) to their own Listing Agent and to our firm acting as your Exclusive Buyer's Agent.
A long time ago, savvy Sellers learned that it actually benefits them to have their own Agents offer this shared fee approach as it attracts more Buyer Agents working with qualified potential Buyers to show and sell their home.
So, the bottom line is that you receive full representation from us as your Exclusive Buyer's Agent while our fee is actually covered by the Listing Agent's firm and paid by the Seller.
"When should I speak with a Mortgage Lender?"
If you will be obtaining a Mortgage Loan in order to make a purchase, the answer is NOW! It is never too early to discuss your situation with an experienced, professional Lender who can show you your options, review the various programs and costs, and answer your questions related to Mortgage Financing. You will be educated and prepared!
They will provide you with a Pre-Approval Letter, also known as a "Lender's Letter". This information can be updated over time as need, but it reflects a 'snapshot' of your ability as a potential Buyer.
"Will I be 'handed off' throughout the process?"
No. With our Team, you are never 'handed off' during the course of your transaction (or ever!). Your designated Team Member (Agent) will remain your hands-on advocate and representative, with the full support and resources of the entire Team behind them - - and you!
"Will I ever work with another Team Member?"
You will occasionally hear from our Team's Client Care Specialist on routine matters of your transaction, such as ensuring that you have copies of all pertinent paperwork or for a quick question.
Also, if your designated Team Member agent becomes ill, etc., then our Team Leader or another Team Member may step in temporarily so that you are always covered and always receiving the service, communication, contact, and support that you expect - - and deserve!
"Does signing a Buyer Agency Agreement obligate me in any way to buy a home or pay a penalty if I don't buy a home?"
No. If our efforts are unsuccessful or your situation changes and you end up not buying a home, there is no penalty and no termination fee or other cost to you.
You are never forced to purchase a home.
If, however, we are successful in finding you a home, then the Buyer Agency Agreement protects your rights as a consumer and allows us to act as your Agent to promote and protect your best interests.
Remember, we offer a 100% Satisfaction Guarantee so you know that from the beginning, and all the way through to closing, we are working hard to ensure your complete satisfaction!
"What are the advantages to me in working with your Team?"
Our experience..."We have done this before!"
Also, our Team Members' cumulative skill, experience, and know-how in successfully representing Buyers is of benefit to ALL of our Team's clients!
We share ideas, strategies, experiences, contract knowledge, issue resolution, best practices, professional resources, tactics, and client support with each other for the benefit of all of our Buyer clients.
No single agent can do that!
Also, since our Team has developed the necessary administrative systems, transaction checklists, and 'behind the scenes support, you can rest assured that all of the details will be handled and that your designated Agent is freed-up to focus the majority of his or her time and energy on YOU!
Simply stated, a Team will always out-perform and out-service an Individual. Our Team has handled hundreds of successful Buyer and Seller transactions - - we know this business inside and out!
Let our shared skill, experience, expertise, knowledge, and resources work for you!