Buyer’s
Representative vs. Seller’s Representative? Many of our prospective clients do
not understand the differences between these two agents. Most people see a
listing on the internet or see a sign in the yard and think that the authority,
the person who knows everything about that property is the agent listed, that
is simply not the case. So I would like to share some facts about buyer’s and
seller’s representatives. Whether you are planning to buy real estate in Mexico
or anywhere else, knowing the difference between these two can make a huge
difference, saving you time and money when buying real estate.
What is a Seller’s Representative?
Traditionally,
in Mexico the seller’s representative is the real estate agent that is
contacted by the property owner to sell the property. The seller’s
representative counsels the seller and effectively prices the property in a
highly competitive marketplace. The seller’s representative will list the
property and market it through websites, signs, real estate ads and hubs. The
seller’s representative will deals with the prospective clients, organizes
tours of the property and setup open house events. They will contract
provisions to protect the seller and
negotiating in the best Interest of the
seller. The purpose of this, of course, is to obtain the highest price
possible for the property.
The
seller’s representative is hired and paid by the SELLER, so when you call one of these nice friendly realtors on
the signs or websites you are trusting someone that is hired to negotiate in best Interest of the seller, not you; the
prospective buyer!!
What is a
Buyer’s Representative?
If you are
considering investing in Real Estate in Mexico, having a buyer’s representative
will save you money, time and hassle. A buyer’s representative is a
professional Real Estate Agent committed to protect your interests and only
have one mission: to help you find and purchase your dream home!
The client
shares their wish list with the buyer’s representative. They can help explore
financing options and determine a budget. The buyer’s representative starts
looking for property on your behalf, compiling a list that meets your criteria
and present all the options to you in the comfort of your hometown. When you
are ready to visit the area you are interested in they will prepare a real
estate discovery trip. The buyer’s rep will pick you up at your hotel, for a
nice, no pressure and FUN real estate tour; showing you the properties that you
selected. No surprises! They can verifying property taxes, utilities and the
value of the property. Once you have selected a property, the buyer’s rep will
structure an offer and present it to the Seller's representative. The Buyer’s
representative will do all the negotiating and contract provisions to protect
the buyer. The buyer’s representative will be there for you during the entire
process of purchasing your new dream home in Mexico.
The buyer’s
representative should put your interests ahead of the seller and ahead of their own. Here at Top Mexico Real Estate, we pride
ourselves for being a Buyer’s Representative,
our Real Estate Agents can help you find the best property, while keep your interests their the top priority.
Now
if you have any question about this or any of the TOP MEXICO REAL ESTATE
properties we have listed in Playa Del Carmen, The Riviera Maya or anywhere
throughout Mexico, please feel free to contact any of our TOP MEXICO EXPERT
SALES TEAM and we will be glad to help you find your very own piece of
paradise.
And remember, here
at TOP MEXICO REAL ESTATE…
We make it happen!
