It’s a tough market out there and buyers are doing whatever they can to secure their chosen property. Who can blame them? Supply is tight and prices are rising. Working with an experienced buyer’s advocate can give you the edge you need to end your search on a happy note.
Here are three ways we as buyer’s advocates can use our expertise to boost your prospects and save you money:
You’ll go in with an iron-clad offer
To the uninitiated, engaging a buyer’s advocate may seem like just another outlay. On the contrary. Working with a trusted buyer’s advocate will undoubtedly save you money in the long run.
This is because when you do make an offer, that offer will be the best in show. We’re not talking about making the highest offer; we’re talking about making the strongest offer, which is measured in terms of dollar value, pre-approvals, lender reliability, legals and communication via the buyer’s advocate.
As an experienced buyer’s advocate, I know exactly how to package up an offer and communicate its brilliance to a real estate agent. These niche communication skills put you at a strong advantage.
Let’s say there are multiple interested parties and one person’s offer is slightly higher than the rest, but weak in terms of their contract conditions and the fact that the buyer (or their representative) is rude or uncontactable. The seller’s real estate agent could very well recommend to consider the offer represented by a buyer’s advocate they know and trust. This is because they know the offer will be solid as a rock.
You’ll be introduced to the best lenders and lawyers for your situation
When you work with a really good buyer’s advocate, you’re not only working with them personally. They can recommend all the great people they know, like and trust in the property game. This can come in extremely handy if a situation arises where you really need a lender to go above and beyond for you.
When my husband passed away, I had to sell and buy property so fast it would make your head spin. That’s when I learned how important it is to surround yourself with a team of experts. I’ve built a network of contacts over my years in real estate and can recommend reliable professionals to help my clients.
We know when to fight hard and when to walk away
The beauty of working with a buyer’s advocate is their objectivity coupled with insider knowledge. When you’re confused about why a property costs so much, we can advise you if it’s worth it or the owner is dreaming. We can also warn you about the houses that are more trouble than they’re worth when you factor in essential repairs and renovation costs.
I spoke with a couple recently who fell head over heels for a place that unfortunately had irreparable concrete cancer in some structural posts underneath the house. Given that it wasn’t a knockdown, I had to tell them to forget it and move on. They were crestfallen but knew it was the right thing to do.
A huge advantage of hiring a buyer’s advocate is that you don’t have to go through the harrowing process of researching and weighing up pros and cons yourself. You instruct me and I go to bat for you.