The Importance of a Buyer’s Agent in Real Estate

by | Jan 28, 2013 | Business

Never before has buying homes for sale in Sierra Vista been easier than now. With all of the technology at the hands of homebuyers, it is easy to assume going at the process alone is not without peril. Yet, having an agent working for you can still be your best tool when it comes to buying real estate.

Before the advent of the internet, looking for Homes for sale in Sierra Vista was less convenient. There were advertising books and ads in newspapers which sellers had their listing agents market their properties. The trouble with print advertising was that the information was not always relevant, especially in an active market. Homes would sell, pricing would change, and the whole process was rather frustrating.

What the internet brought to buying homes for sale in Sierra Vista was the access to immediate information. There are so many websites on the internet which give consumers access to information and pictures about properties listed for sale in Arizona. Data gathering websites will cull recent sales surrounding a particular home and estimate the home’s value for you. Virtual tours place parabolic cameras in homes and record a 360 degree view of the interior, allowing the viewer to view, rotate and enlarge the scene. This technology is wonderful, but it should not serve as a replacement for utilizing the skill and insight of a real estate professional. Having access to data is one thing, properly interpreting such data quite another.

One reason many home buyers shy away from using a buyer’s agent when it comes to buying homes for sale in Sierra Vista is the misconception that they can get a better deal on a home if there is just one agent involved in the process. This is rarely the case.

When a seller places a property on the market for sale, the contract with the listing brokerage and offer a certain commission percentage for marketing and selling the home, or procuring a buyer. This is generally 6% to 7% of the contract price. When the listing brokerage advertises the property on the local multiple listing service (MLS), they offer a compensation to an agent who brings that buyer, usually 3% to 3.5%. When there is no buyer’s agent, the full commission is paid to the listing brokerage. It is rare for the listing brokerage to reduce their commission, and so a buyer not only does not save any money but they don’t have any agency representation which could leave them exposed should the buyer and seller get into a dispute.

As you look for homes for sale in Sierra Vista, take full advantage of all the internet offers for your searches. When it comes to actually writing and negotiating contracts and purchasing homes for sale in Sierra Vista, utilize the expertise and knowledge a professional realtor brings.

With more than 20 years of experience, Castle & Cooke Arizona local company builds more than quality homes for sale for local families, also create communities & promote local infrastructure in Sierra Vista, Arizona (AZ).

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