Buyer’s Agents - What they Do and Why You Absolutely Need One!
There was once a day in real estate where Realtors represented only the seller. Now, in most states (including Idaho), you can have a real estate agent work just for you.
And the best part about it—you can make the seller pay for it!
What is a Buyer’s Agent, Anyway?
Like other real estate agents, a buyer’s agent is licensed by the State of Idaho. The best ones are well trained, and very experienced.
A Buyer’s Agent is worth paying for—but you can get it all for free!
What makes a buyer’s agent different, is that they are obligated to represent you—not the seller. This means that they advise you and write all contracts to protect your interests. This commitment to you, combined with their experience is a powerful combination.
To really understand this value, check out our Buyer’s Agent Services and see everything an exceptional buyer’s agent provides.
Why the Seller Pays for Your Agent?
When a seller lists their home, they offer a commission to the agent who brings them a buyer. They do this for three reasons:
- It helps market their home by encouraging real estate agents from all over the Boise area to show it to buyers.
- It adds to the value of their home by making the buyer feel comfortable. (They get to choose their own Realtor to advise them).
- Encouraging the buyer to use a Realtor helps the transaction. That agent helps things go smoothly for the buyer—and that’s good for everyone.
So, it makes sense for the seller to foot the bill.
What to Do Now
Ok, so the benefits of having your own buyer’s agent should be obvious. And once you realize that the seller can pick up the tab, the decision is a no-brainer.
- The minute you start thinking of buying, the first thing you need to do is find the best Realtor. We've compiled a list of things to look for when choosing a real estate agent.
- Insist that the Realtor sign a Buyer Broker Agreement. In the State of Idaho, a Realtor is only obligated to protect your interests when you put it in writing. Once you've found the right real estate agent, you want their commitment to you and you should be committed to them too—it’s how great partnerships are formed.
- Sit down with them and go over your goals and needs. Ask their advice then listen to what they say. After all, once you know that they are working for you, take full advantage of it!