Signing a Buyer Agency Agreement ensures you get good, sound advice & representation when buying a home.
Are you one of the homebuyers surprised to learn that you must sign a contract before looking at houses? Perhaps your agent informed you about the new real estate rules but does not fully understand what’s happening. Then this is for you.
The new rules state that before an agent can show you a home, you must sign a three-page buyer agency contract. While signing anything very early in the home-buying process can be intimidating, I assure you that this contract is designed to protect you. It ensures that your agent is obligated to give you sound advice while under contract.
This contract also gives you the opportunity to interview agents and ensure that they’re providing you with accurate information and sound advice so that you can make the right decisions when buying a house.
“It’s a great time to buy, as interest rates are currently low.”
One issue that might concern you as a homebuyer is the possibility of having to pay your agent directly, as stated in the contract. However, if you have a competent agent, they will assist you with the financial aspects, making sure that you do not overspend on a home. Their goal is to guarantee that you have enough finances to purchase and eventually close on your dream home.
If you’re in this market, take some time to really consider your home-buying journey. It’s a great time to buy, as interest rates are currently low. I’d be happy to assist you with this process by reviewing one of my buyer agency contracts, or I can give you my homebuyer’s guide to help you through the process.
With the right Realtor by your side, there’s no need to worry. If you’re a buyer, don’t hesitate to reach out to me. Contact me at 607-351-6933 or vickischamel@kw.com. I’d be happy to help you.
