A buyer’s agent can help you buy a home in Vancouver in less time, but still get what is ideal for your wants and needs. First, it is important to know the difference between this and a listing agent! A listing agent is on the side of the seller, doing what they can to promote the home and get them the best price possible. A buyer’s agent though is motivated to get the buyer the best deal for a home in the right location and with the right amenities they desire.
It is hard to evaluate homes on your own, and that consumes your free time too. Searching for homes in a particular neighbourhood, within your price range, and with certain perks shouldn’t be something you stress about. When you talk with a buyer’s agent, you can discuss how much you can afford, how many bedrooms/bathrooms you want, and other details. They will share with you any listings that fit the specific criteria you desire.This prevents you from wasting your time trying to see this home and that home when they are listed on the market. They will only send you information on those that are a possible match. If you love what you see, they can schedule a time for you to see it in person. They do their best to get you such details as soon as the listing is available. This ensures it won’t already have an offer on it before you even learn about it!
One of the reasons people don’t go with a buyer’s agent is they worry about the cost. The good news is you don’t pay anything. Even when you find a home you love and your offer is accepted, any commission they earn is from the seller and not from the buyer. With them by your side, there is the potential to find the home you want in less time. You can save money and they will walk you through all of the paperwork.
While a buyer’s agent knows all about the listings and they get details on the new additions, they also know about the neighbourhoods. They can help you identify locations that would be perfect based on your hobbies, needs of your children, activities, where you will work, and other details. If you aren’t familiar with the area, this type of knowledge can help you avoid buying a home in a place that you don’t truly love.
With the assistance of a buyer’s agent, you can get your mortgage loan approved. This is a big weight off your shoulders. You know our price range, your maximum payment if you get a loan for that top amount, and other details. The last thing you want is to love a home and then discover you can’t get approved for that much money. With that approval, the agent can share with you any homes that only fit your price range.
If they find something slightly above, they may recommend it. They may encourage you to make a lower offer. Often, a seller is motivated to get out from under a home. They may accept a lower offer when they see you already have your loan approved. They accept it so they can get the selling process moving forward with a closing date in the near future.