The Qualities You Should Look for in a Buyer’s Agent

August 11, 2021

The moment you’re ready and yearning to buy your first home in Victoria, you should enlist the services of a real estate agent to help you make your dream purchase a reality. There are so many options to consider. But, where should you start? To identify a good, exclusive agent in Victoria, there are some qualities you need to look out for ahead of your next real estate transaction. These are the qualities you should look for in a buyer’s agent.

The qualities you should look for in a buyer's agent

Negotiating Skills

Buyer’s agents are known for being specialists in every aspect of buying a home. They’ll flag open houses and listings on your behalf while scheduling showings at your convenience. They also write offers for homes you want to buy and assist with inspections. 

 

One thing your buyer’s agent must have is strong negotiation skills. After all, it’s the crux of theit job and the trait that secures new homeowners the deals they’re looking for. Is your buyer’s agent well-equipped for the tough talks? The agent should be very knowledgeable of the listing you’re interested in and the area it’s located in. Those tough conversations include discussions with the seller regarding home improvements. 

 

An exclusive buyer’s agent will know how to negotiate these fixes in a timely and cost-effective way. The agent should also know how to keep their emotions in check and maintain a level-headed attitude when addressing the pain points preventing you from getting closer to a deal.

Whether the Agent is a Specialist or a Dual Agent

Honestly, the term ‘real estate agent’ is broad, covering buyers’ and sellers’ agents. And, you’ll tend to find that agents who don’t identify themselves as exclusive buyer’s agents will have their firm’s best interests rather than yours. This leads to less objective property recommendations and your needs not being properly addressed.

 

That’s not to say all dual agents don’t cater to specific buyer needs. But, if they tend to represent the buyer and seller in a negotiation simultaneously, it could leave you at a disadvantage as they don’t have a fiduciary responsibility to you. Make sure the buyer’s agent is strictly working for you, and you can even have the nature of your relationship documented to solidify your expectations. 

Their Familiarity With Paperwork

Endless paperwork can be daunting for many prospective homeowners and, when buying a home, you have to contend with all sorts of documents including, but not limited to: 

 

  • Offer Letters
  • Pre-approval Letters
  • Purchase Agreements
  • Inspection Documents
  • Mortgage Applications 
  • Deed and Title Paperwork

 

A good buyer’s agent has extensive knowledge of how to successfully sort these documents, gains and provides clarification on unclear details, then goes through everything with you before you sign on the dotted line.

The best realtor in Victoria, BC, will address all your needs as a buyer and then some, making your best interests central to their work. Contact the top realtor in Victoria, BC, for more information.

Brad Maclaren ThreeBest Rated Best Business of 2022 Excellence Award