Tennessee Real Estate Tips: Buying & Selling Made Easy

      When you're ready to find your dream home, it's natural to want to jump right into viewing properties. However, it's important to know that realtors have received guidance to not show houses without a signed agreement. While signing an agreement for several months is normally ideal, many realtors are open to starting with a shorter commitment. This allows you to gauge your comfort level and ensure you're both a good fit. Once you know your realtor is a good fit for you it is best to sign a longer agreement so you know that the relationship will likely continue until you find that dream home.

     If you're hesitant to enter into a multi-month contract without having worked with the realtor first, consider asking for a shorter agreement—perhaps one that expires in a few days or even just for a single day. This momentary agreement can help you get a feel for the working relationship while still allowing you to start your home search.

     Understanding the importance of signing a buyer agreement with your realtor is crucial. This straightforward step can significantly impact your home-buying journey. Here are some reasons why having a buyer agreement is beneficial for you and why your realtor will request it.

1. Establishes a Professional Relationship

Signing a buyer agreement formally establishes a professional relationship between you and your realtor. This agreement outlines the expectations and responsibilities of both parties.

2. Insights and Guidance

Your realtor will provide valuable local market insights and can guide you through the buying process.  A buyer agreement enables your realtor to provide you with access to listings that fit your criteria, including those that are exclusive or not widely advertised. They can assist with everything from evaluating properties to negotiating offers, ensuring you feel confident every step of the way.

3. Clarifies Compensation

By signing a buyer agreement, you clarify how your realtor will be compensated. While historically, the seller normally provided compensation for both agents, that should no longer be the expectation.  This transparency can help prevent misunderstandings later in the process.

4. Peace of Mind

Finally, signing a buyer agreement provides peace of mind. It protects your interests during a complex process that can often feel overwhelming. When your realtor has a formal agreement with you, they will put in every effort to find homes that meet your criteria, negotiate better terms, and work diligently to ensure a smooth transaction. Knowing that you have a dedicated professional working for you can alleviate stress and help you focus on selecting the right home.

Conclusion

In conclusion, signing a buyer agreement with your realtor is a vital step in your home-buying journey. It establishes a strong foundation for your partnership and ensures you receive the expert guidance you need. Before embarking on your house-hunting adventure, consider the advantages of having a formal agreement in place and why your realtor will ask for one – it could be the key to successfully finding your dream home.

Happy house hunting!  Reach out if you're looking in the Rutherford County area, I'd love to help you.