HOME BUYERS
You have made an important decision to purchase a new home.
Whether you are a first time homebuyer or experienced in buying and selling real estate, you are embarking on an exciting journey.
To ensure success in your search you need a plan… a roadmap I am here to help.
First we need to…
Determine What You Can Afford
Purchasing a home involves one-time costs and monthly expenses. The largest one-time cost is the down payment. In addition to the actual purchase price, there are a number of other expenses that you might be expected to pay for.
Understand the Market Conditions
The real estate market is always changing. Your real estate professional can provide you with current real estate market conditions and explain their impact.
Obtain a Pre-approved Mortgage
Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home.
Understand the Major Elements of an Offer
An offer usually includes six key elements: Price, Deposit, Terms, Conditions, Inclusions/Exclusions and the Closing Date.
When it comes time to make an offer, your real estate professional can provide current market information and will assist you in drafting your offer.
Hire a Legal Professional
The legal process differs from province to province. Your real estate professional or legal professional will advise you on the steps to be taken before the keys to your new home are presented to you.
Let me know what you are looking for and I'll email you when a home matching your criteria is available.
*Required Field | **By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL
Why Work with a Buyer’s Agent?
Did You Know?
If The Realtor Showing You Homes Is Not Working For You…They Are Working For The Seller
My Commitment To You
Is Helping You Find The Right Home at The Right Price Given Today’s Market Conditions
Initially I like to meet with my Buyers in my office for a Buyers consultation. This is an information gathering consultation for both buyer and me. We discuss buying a home from start to finish. In the end you receive a Buyers Handbook which I feel will be very beneficial to you as the home search evolves. I feel this service that I offer not only assist me with what you are looking for but also prepares you for the buying experience which is a pleasant experience with no surprises.
Working with a Realtor: The Agency Relationship
Realtors are governed by the legal concept of “agency”. An agent is legally obligated to look after the best interests of the person he or she is working for. The agent must be loyal to that person.
A Realtor may be your agent…if you have clearly established an agency relationship with that Realtor. But often, you may assume such an obligation exists when it does not.
We as Realtors believe it is important that the people they work with understand when an agency relationship exists and when it does not…and to understand what it means.
In Real Estate, there are different possible forms of agency relationship.
Seller’s Agent
When a real estate company is a “vendor’s agent”, it must do what is best for the vendor of a property. A vendor’s agent must tell the vendor anything about a purchaser. For instance, if a vendor’s agent knows a purchaser is willing to offer more for a property, that information must be shared with the vendor. Confidences a vendor shares with a vendor’s agent must be kept confidential.
A purchaser can expect fair service and disclosure of pertinent information about a property. Nothing will be misrepresented about a property. All questions will be answered honestly.
Buyer’s Agent
A real estate company acting as a “buyer’s agent” must do what is best for the buyer.
A written contract establishes buyer agency. It also explains services the REALTOR will provide, spells out who will pay and specifies what obligations a buyer may have. Typically, buyer will be obliged to work exclusively with that REALTOR for a period of time.
A REALTOR working for a buyer will keep information about the buyer confidential from the seller.
Dual Agent
Occasionally a real estate company will be the agent of both the buyer and the seller. Under this “dual agency” arrangement, the REALTOR must do what is best for both the seller and the buyer.
Your Royal LePage agent will discuss dual agency during conversations dealing with representation and provision of service.
A REALTOR can be a dual agent only if both the buyer and seller agree in writing.
I look forward to the opportunity to speak with you.
The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.
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