Representation + Buyer Brokers

What we can do for our buyers.

  1. Educate you about Buyer agency, outlining the agent’s responsibilities to you. This includes a complete disclosure of loyalty, confidentiality and accountability.
  2. Facilitate complete access to all MLS listings from now until you are ready to buy.
  3. Create a detailed profile of your wants, needs and expectations for buying a home.
  4. Save you time. You will receive an email every time a new listing meets your search criteria.
  5. Provide detailed school and neighborhood information for any area you request.
  6. Help you explore all of your financing options so you can make the best mortgage decision possible. Step you through the loan process.
  7. Arrange property showings, accompany you as you view properties, provide analysis of strengths and weaknesses of each property, disclose material defects on or in the property, and disclose material facts.
  8. Provide comparable sales and a market analysis.
  9. Present a price range for the property and suggest strategy.
  10. Disclose motivation of Seller if known.
  11. Negotiate the best possible home price for you and take care of documentary details.
  12. Assist you with any other home related services you need such as referrals for inspectors, insurers, attorneys, etc.
  13. Work in your best interest!

Benefits of having a buyer broker.

  • What is a Buyer Broker- a real estate agent that represents the Buyer in a real estate transaction once Buyer and agent have signed a written contract for representation.
  • Interview the real estate agent prior to signing a NH Exclusive Buyer Agency Agreement to make sure you are comfortable working together.
  • What is the benefit of having a Buyer Broker-the agent represents you and provide client-level services:
    1. confidentiality
    2. loyalty
    3. disclosure
    4. lawful obedience
    5. promote clients interests first and foremost.
  • Buyer’s agents do not represent the Seller.
  • Buyer’s agents have a fiduciary responsibility to protect your interests.
  • Buyer’s agents are generally paid through the cooperating fee that is in MLS. The contract with your agent may also state terms that are agreeable to both parties in the event the Seller is not paying the commission.
  • The Buyer Broker is there to assist in obtaining valuable info on the location and site. They are also there to advise you on market conditions and current values.
  • The Buyer Broker will help you develop a negotiation strategy.
  • The Buyer Broker is there to help you find property via the web and other offline resources.

NH First Time Home Buyer’s Power Point Presentation
(PDF) of NH seminars for those about to buy a home or who have recently bought a home
(PDF) Sample of the NH Exclusive Buyer Agency Agreement
(PDF) Sample of the NH Dual Agency Informed Consent Agreement

Client Vs. Customer(PDF)

Disclosure of Agency (PDF)

Other Representations

Non-Agency

In the non agency agreement the Agent does not act on your behalf but provides the following services.

 

  1. Disclose all material defects actually known by the licensee pertaining to the on-site physical condition of the property.
  2. Give you reasonable care and skill
  3. To be honest in the treatment of buyer and seller.
  4. Perform ministerial acts
  5. Comply with all state and federal laws pertaining to real estate activity.
  6. Account for all monies received on behalf of buyer and seller relating to the transaction.

 

Disclosed Dual Agency

This occurs when the agent represents both the buyer and the Seller in the same real estate transaction.

 

  1. Agent shall make every reasonable effort to remain impartial to Buyer and Seller.
  2. Present all offers in a timely manner.
  3. Preserve confidential information from both parties. Confidentiality shall be maintained unless; written permission is granted, information is made public from another source, disclosure is necessary to defend the licensee or other wise required by law.

Finding the Right Agent:

Getting a recommendation from a friend or work colleague is an excellent way to find a good agent, whether you are a buyer or a seller. Be sure to ask if they would use the agent again. You can also call the managers of reputable real estate firms and ask them for recommendations of agents who have worked in your neighborhood.

A good agent typically works full-time and has several years of experience at minimum. If you are a buyer, you don't usually pay for your agent's services (in the form of a commission, or percentage of the sales price of the home). All agents in a transaction usually are paid by the seller from the sales proceeds. You also can hire and pay for your own agent, known as buyer's broker, whose legal obligation is exclusively to you.