Buyer agency in Arizona is designed to protect you, the home buyer. Your buyer’s agent is your advocate with a fiduciary duty to you, much like that of an attorney.
Buying a home without a buyer’s agent can be a huge mistake for many reasons, one of the biggest is they will likely save you thousands of dollars when you purchase your home.
Your buyer’s agent only works for you, the home buyer and typically does not know or have a relationship with the seller of a home.
It’s very important to understand agency relationships when you are considering buying a home, as having trust in your buyer’s agent is critical to your home buying success.
Your goals are your buyer agent’s goals. Period.
Your buyer’s agent has explicit duties to YOU, the home buyer, of confidentiality, accounting, care, loyalty, obedience, advocacy and disclosure. This means that your buyer’s agent will only have your interests at heart!
The home buying journey can typically take anywhere from 6-18 months or more, so having an experienced, dedicated and knowledgeable buyer’s agent by your side can make a world of difference as you prepare for your home purchase and start researching the Arizona real estate market.
An excellent buyer’s agent will help you navigate through all of the pitfalls laying in wait for you as the unsuspecting home buyer. He/she will educate you on the Arizona real estate market, home financing and the home buying process. Your buyer’s agent will help you to set realistic goals and expectations up front while striving to exceed those goals and expectations.
For more info, check out the above video about buyer agency in Arizona. Better yet, feel free to contact us if you have any questions about buyer agency in Arizona or the home buying process.
We are looking forward to working with you to find your next home!
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Absolutely. Everything is negotiable!
With the Arizona Residential Resale Real Estate Purchase Contract, it’s not typical that buyers and sellers will itemize what closing costs they would like their counterpart to pay. It’s usually just asked for a lump sum amount or a percentage of the purchase price. There’s even a section in the purchase contract addressing what closing costs will be paid by the seller on behalf of the buyer.
Also here in Arizona in the current market conditions, it’s more common for buyers to ask for closing costs to be paid for them. There aren’t many sellers asking for their closing costs to be paid right now, although things can change and sometimes very quickly.
What can you expect to pay in closing costs?? There are an infinite number of loan programs out there, with different requirements, fees and costs, so talk to your lender (contact us if you need a referral to a great lender!) about what your estimated costs would be.
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