While buyer agency is not a new concept - it has been legal in MA for almost two decades and a few years ago the law that governs agent-consumer relationships was updated to further ensure consumer protection - many buyers and some agents still don’t understand the benefits of a written Buyer Agency Agreement/contract.
Buyers often call to ask for help finding a home and many talk about their disappointing experiences with "their buyer agent." When asked if they had a contract with the agent, the answer is almost always “no”. Well, of course they are disappointed! How did the agent know what the buyer expected? And were the buyer(s)' expectations realistic?
The benefit of a contract is that both the buyer and the agent know what to
|Move-Up Buyers in Sudbury|
|First-Time Home Buyers|
Before you start looking for a house find a qualified buyer broker/agent who will listen to you and respect your needs; one who knows the market in the area, knows how to negotiate, has a network of resources - lenders, home inspectors, attorneys, movers, etc.; and who will educate you so you can make the best decisions about your new home. Real estate is about relationships, so make sure you have your own agent who knows and cares about your well-being.
Visit www.marilynmessenger.com for easy homes searches and get the latest real estate news and community information about about Wayland, Sudbury, Concord, Maynard, Stow from your local real estate specialist.
Marilyn Messenger is an Accredited Buyer Representative/Buyer Agent and is an active member of the Real Estate Buyer Agent Council (REBAC). She has been representing home buyers and sellers for 21+ years. Marilyn Messenger is a top 1% recommended agent/broker on Trulia.