What is a buyer's advocate?

• A buyer's advocate is a professional who represents the interests of homebuyers throughout the purchasing process, helping them find and negotiate the best property.

How does a buyer's advocate differ from a real estate agent?

• A buyer's advocate exclusively represents buyers, while real estate agents typically represent sellers. The advocate's role is to provide advice and support to buyers.

 What services do buyer's advocates offer?

• Services include property research, market analysis, negotiating offers, conducting inspections, and guiding buyers through the purchasing process.

How much does a buyer's advocate cost?

• Fees can vary, typically ranging from a flat fee to a percentage of the purchase price. Some advocates charge a retainer plus a success fee upon closing.

Do I really need a buyer's advocate?

• While not necessary, a buyer's advocate can provide valuable expertise, market insights, and negotiation skills, especially in competitive markets.

What should I look for in a buyer's advocate?

• Look for experience, local market knowledge, strong negotiation skills, and positive client testimonials.

Can a buyer's advocate help me with financing?

• While they primarily focus on property acquisition, many buyer's advocates can recommend mortgage brokers or financial advisors to assist with financing.

How involved will I be in the buying process?

• Your level of involvement can be tailored to your preferences. Some buyers prefer to be hands-on, while others appreciate a more hands-off approach.

What happens if I don’t find a property I like?

• A buyer's advocate will continue searching for suitable properties and can adjust the criteria based on your feedback until you find the right fit.

Is using a buyer's advocate worth the investment?

• Many buyers find that the expertise and negotiation skills of a buyer's advocate can lead to significant savings and a smoother buying experience, making it a worthwhile investment.