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Health & Fitness

Buyer Agency- Why it Really is So Important

In a buyer's market, the buyers need to be represented as well.

I’d like to introduce myself and welcome you to my blog. My name is Seth Levy, a resident of the great South Shore and a licensed realtor with Shawn Elliott Homes and Estates.

Having grown up on lived on the South Shore and still residing here, I have garnered an appreciation for everything this great community has to offer. Great schools, restaurants, parks and beaches, neighbors, and stores to shop in. I feel very strongly that the South Shore is an oasis, a near utopia for all the great things in life. I feel so strongly about this that I have decided to make the South Shore the place I work as well.

My decision to sell real estate as a full time licensed agent was originally made because of my thorough understanding of the real estate community, the relationships I have within the community, and my prior economics and sales related experience, however my work has shifted into a passion. 

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I don’t sell real estate just because I know real estate or know the people in my neighborhood and its convenient. I’ve developed a love for listing and selling homes that is very difficult to describe, because its not about listing and selling the house that I enjoy as much anymore as I do helping the families who are selling and buying the homes. 

In a very confusing and challenging real estate environment, I have a very strong mission: CREATING CLARITY. With access to information on the internet about real estate as well as many opinions on what is “going on” in real estate, I believe that staying informed and having the most current information is what will help clear up the mess that so many people have gotten themselves into.

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By CREATING CLARITY, buyers, sellers, investors, renters, speculators and anyone who is in the real estate market will be better equipped to get the best deal out there. I encourage all of those people to get the opinions of multiple real estate professionals to get the clarity they need! On a very positive note, existing and new homes sales were both up in January by about 3.2 percent! It could be becuase of this unseasonably warm winter!

I know this isn’t a formal blog post, more like an introduction of who I am, but there’s more great content to follow! 

My next post is going to be real estate geared as most of them will be and I will discuss the importance of buyer agency. Buyer agency is representation for the buyer or purchaser of real estate. Typically sellers will hire a real estate agent to market their home and represent their best interests, which is exactly what a listing agent or selling agent legally should do. By representing “best interests” I refer to getting the highest price for the seller and the best terms at closing, which means that agent is not negotiating on the buyers’ behalf. 

Buyer agency was created for buyers to be represented by a professional who will negotiate THEIR best interests, getting them the best price, showing them comparable properties and discussing the length of time the homes have been on the market, thus affecting the sellers willingness to negotiate on that price.

There’s so much more to cover on buyer agency, we merely scratched the surface. I hope you stay tuned and keep reading these blogs and most importantly, find them valuable and informative. As I said before, I am always here to help as well as other qualified realtors in the area. 

Have a great weekend and thanks for reading. Leave your thoughts and comments!

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