Let's say you're in the market for a new home in, or around St. John's. You spend every night desperately scanning the internet for your dream home. Finally, you come across a property that is, "just what you're looking for".
If you have a Buyer's Agent, call them. If your Agent is unavailable, check to see if they have another agent tasked to look after their clients (most will). Many people assume that if they see a desirable home they should call the Agent on the listing sign. This is an all too common mistake. When you call the Listing Agent, you are actually calling the Agent who represents the vendor first. That Agent may try and represent both the vendor and your purchase of the home. A practice known in Newfoundland as a double ending. While the practice is both legal and ethical it is fraught with complications. It's difficult (although not impossible) to represent both sides equally? If you want to be sure that your interests are an agent's top priority work with a qualified, experienced buyer's agent who is paid by the vendor to SOLELYrepresentyour interests?
Services offered by your Buyer's Agent
Many buyersdo not realize the services that are available to them. Such as:
Automatic notification of listings as they come to the market
Detailed research on your desired properties
Arranged appointments for viewings
Property price negotiations
Access to a host of credible professionals to assist you (i.e. Mortgage Brokers, Lawyers, Home Inspectors, etc.)
As prospective home buyers, we encourage you to make use of the resources that are available. Stop focusing on "house hunting", let a qualified Buyer's Agent lead you from the day you start looking, to the day you receive the keys to your new home. Remember, having your own Agent ensures your best interests are protected.
If you have any questions about buying or selling a home in the St. John's area or if you have other real estate questions you would like to have answered, please contact us. We'd be happy to help.
Click here to search for homes for sale in St. John's and the surrounding communities.