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Slow down and weigh your options before committing to any long-term agreements with a Buyer Agent when looking to buy your next home. If you aren't careful, it may end up costing you more than you bargained for. And what few if anyone is going to tell you is that a Buyer's agent may actually hurt your chances to secure your dream home no matter how good of an agent he/she may be!
When buying or selling your home, it might seem like everyone involved—real estate agents, lenders—just want to close the deal. This can leave you feeling alone in the process. However, by hiring a lawyer, you gain an independent advocate who can review the paperwork and ensure your best interests are protected throughout the transaction.
Yes, at a fraction of the cost of hiring a Buyer Agent. Simply put, now with the new rules in effect, there is a very good chance that you will need to pay your Buyer Agent's fee or at least a good portion of the fees. So, hiring the services of a knowledgeable Real Estate Attorney is a very wise choice. By doing so, you will gain the peace of mind of being represented by real estate attorney at most likely at a more affordable cost than hiring a Buyer's Agent.
Since your cost is going to be more affordable, you will now have the ability to negotiate what is in your best interest and use the Buyer Incentives a Seller may be offering for you and not your agent. More so, your offer will always be much more competitively priced than other competing offers!
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