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Buying A Pre-Owned Home
Using an Exclusive Buyer's Agent (EBA)
Working with an EBA is very different than working with a conventional real estate agent. Throughout the process of buying your new home, your EBA will work to establish a relationship based on trust, security, confidence, and knowledge. An EBA is legally and ethically obligated to protect you - the buyer - and to represent your best interest when purchasing real estate.
Buying an existing home is more than just locating a house and buying it. There are many decisions to be made, and things to consider, including the following:
If this process sounds like it might take more time, energy, and expertise than you have, perhaps you should enlist the help of an Exclusive Buyer's Agent (EBA).
Your homebuying process using an EBA typically begins with a one to two hour consultation to identify your wants and needs, as well as to explain the homebuying process and to go over necessary paperwork.
Your EBA will help you decide how much you are willing and able to spend on a new home. This includes examining your current income and expenses, as well as past credit history, to determine how much you can afford to invest in your new home. Your EBA will determine the best features of each property based on location, price, and compatibility with your wants and needs. By screening each property carefully before viewing it, you and your EBA will save time and energy, and will allow your EBA to show you only homes that meet all of your requirements.
After showing the properties, your EBA can help you determine the best value, based on price, location, and features. All of this is done with the buyer's best interests in mind. The EBA will also perform a market analysis on the property to discover the property's market position relative to the other properties in the area and to general market conditions.
When it comes time to make an offer, your EBA can identify potential strategies, risks, and benefits that can be used to negotiate for the best interest of you, the buyer.
An EBA is obligated to perform with personal dignity, honesty,
fairness, and integrity. An EBA must always strive to adhere
to the highest principals of professionalism.
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