Buyers Resources
ABR® vs. Buyer’s Rep: A REALTOR® Designation
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Understanding The Difference
A buyer’s representative (or simply buyer’s rep) is a licensed real estate professional who represents prospective home buyers in their property transaction. If you have formalized an agency relationship, typically by signing a buyer’s rep agreement with a buyer’s rep, you can expect him or her to:
• Understand your specific needs and wants, and locate appropriate properties
• Assist you in determining how much you can afford (pre-qualify your mortgage).
• Preview and /or accompany you in viewing properties.
• Research properties to identify and consider any problems or issues.
• Advise you in formulating your real estate offer.
• Help develop your strategy to negotiate the real estate contract
• Provide a list of qualified vendors for related services that may be needed.
• Keep track of all the real estate details throughout the entire transaction (to closing and beyond)
A buyer’s rep should make your home buying experience go as smoothly and successfully as possible.
However, not all buyer’s reps are equal. A buyer’s rep who has earned the Accredited Buyer’s Representative (ABR®) REALTOR® designation has made an extra effort to raise the bar, with additional training and experience in serving you, the home buyer. Working with an ABR®, will give you more confidence that you will receive the highest level of buyer-representation services. Kay Horacefield is a buyers rep for Clear Lake and League City. Contact Kay today to learn how she can help you buy a home.
