Your Ideal Buyer’s Broker

Congratulations. You know what a qualified buyer’s agent can do for you, and now you’re looking for the best one. You need a buyer’s broker who you can connect with, who listens to and understands what it is that you are searching for.

It is often difficult for buyers to fully articulate what they want, and many times what a buyer initially believes they are looking for will be very different from the home they end up falling in love with. A good buyer’s agent can, through careful and thoughtful service, help you better clarify your needs—and thus find the home that best fulfills your dreams.

Chemistry

Part of trusting a buyer’s agent is understanding their expertise. Ask them about their real estate experience. Ask them about their experience as a buyer’s agent vs. as a seller’s. Ask them about the difference. (Armed with the information on this site, you’ll be able to tell if they know what they’re talking about!)
The best buyer’s agents, though, know a lot more than just real estate.  Look for someone with experience in the following areas:

As you interview an agent, they’ll be interviewing you. Note what questions they ask as they try to find out what you’re looking for. Are they responsive? Do your answers seem to generate ideas and suggestions from them? Do you feel like they understand your priorities?

Ideally, you should come away from a meeting with a buyer’s agent knowing more about what you want than you did before.

Expertise

Part of trusting a buyer’s agent is understanding their expertise. Ask them about their real estate experience. Ask them about their experience as a buyer’s agent vs. as a seller’s. Ask them about the difference. (Armed with the information on this site, you’ll be able to tell if they know what they’re talking about!)
The best buyer’s agents, though, know a lot more than just real estate.  Look for someone with experience in the following areas:

  • Law. Knowledge of the laws concerning fair housing and real estate licensing should be a given. It is important to note that real estate agents are prohibited from practicing law or advising you on legal matters that are clearly the domain of attorneys. Your buyer’s agent can really only point out issues you’ll want your attorney to advise you on.
  • Construction. Knowledge of basic home construction can be invaluable. Sure, inspectors will get called ultimately, but a buyer agent who understands basic home construction can alert you to potential problems that can later be evaluated by the appropriate professional.
  • Culture and History. These are integral to quality of life. The better versed in these areas your agent is, the more detailed the information they can give you about the community you are considering.
  • Development. Directing you to the proper resources to assess what kinds of development might be happening in proximity to a property you want to purchase can save you from buying the wrong property.
  • Sources of information. These can include web or print resources they can share with you. But, even more importantly, it includes the contacts – experts and insiders — they’ve cultivated over the years to assist in your home purchase.
  • Local Knowledge. Additionally, and probably most importantly, you want a buyer’s agent intimately familiar with the area.

Note: Licensed real estate agents in New York State are not allowed to advise their clients or customers outside their area of licensed expertise. Their job is to act as a resource for you to find the professionals you need to properly advise you on matters relevant to a real estate transaction.

Think Global, Agent Local

In short, go with someone local and knowledgeable, whom you instinctively trust.

Ready to find a buyer’s broker? For Ulster County, New York, click here.

Note: The terms “buyer’s broker,” “buyer’s agent,” and “buyer representative” are used interchangeably on this site. They all refer to a real estate professional who represents you—the buyer.

© Copyright 2015. Brian Cafferty. All Rights Reserved.