Dec 09, 2024

What Does a Buyer’s Agent Do? Your Complete Guide for 2025

📺 Watch the Video: YouTube Link Here

How Buyer’s Agents Differ from Listing Agents

A common question buyers ask is: What’s the difference between a buyer’s agent and a listing agent? Here’s a quick breakdown:

  • Buyer’s Agent: Represents the homebuyer and works to secure the best deal for them.
  • Listing Agent: Represents the home seller and aims to get the highest possible price for the home.

Pro Tip: Look for agents with the ABR (Accredited Buyer’s Representative) designation for specialized training in buyer representation.

Key Services a Buyer’s Agent Provides

1. Early Search Process

A buyer’s agent helps refine your search and gain early access to new listings by:

  • Identifying properties that match your needs and budget.
  • Offering expert insights on neighborhoods and market trends.
  • Providing early access to off-market and pre-listing homes.

2. Property Visits & Evaluations

A great buyer’s agent does more than just unlock doors. They:

  • Assess properties through a professional lens.
  • Identify potential concerns that may require an inspection.
  • Evaluate the true market value of a home.
  • Consider future resale potential based on market trends.

3. Making & Negotiating Offers

This is where an experienced agent really proves their worth. Your agent will:

  • Structure offers to increase acceptance chances.
  • Handle complex legal paperwork.
  • Negotiate on your behalf to get the best possible terms.
  • Protect your interests throughout the contract process.

Important Changes in 2025: How Buyer’s Agents Get Paid

Starting July 2024, a major shift in real estate commissions will take place. Traditionally, the seller’s agent covered both agents’ commissions (typically 5-6% split between agents). Under the new system, buyers may need to negotiate and pay their agent’s fees directly.

What This Means for You:

  • Greater transparency in agent compensation.
  • Potential for fee negotiations between buyers and agents.
  • Discuss payment structures upfront with your agent.
  • Expect written agreements outlining services and costs.

Finding the Right Buyer’s Agent

1. Ask for Referrals

Word-of-mouth recommendations are often the best way to find a trusted agent. Start by:

  • Asking friends, family, and colleagues for recommendations.
  • Checking local real estate reviews and testimonials.
  • Noticing which agents have helped homebuyers in your target neighborhood.

2. Interview Multiple Agents

Before committing, ask these key questions:

  • How many years of experience do you have in my target area?
  • How do you handle competitive market situations?
  • What is your communication style and availability?
  • Can you provide references from past clients?

Why Work with a Buyer’s Agent? The Value Proposition

A skilled buyer’s agent provides:

  • Professional market expertise
  • Access to exclusive off-market properties
  • Skilled negotiation to help you get the best deal
  • Time and stress savings
  • Protection of your best interests

📍 Related: Seven reasons you should use a buyer’s agent

Real-World Success Story

After 18 months of searching alone, a first-time buyer found the perfect home in just 5 months with the help of a buyer’s agent. Thanks to expert negotiation skills, they secured the property before other buyers even knew about it.

Need Help Selling Your Home?

Every home has the right buyer—sometimes, it’s just about making the right adjustments.

If you have questions about why your home isn’t selling or want an expert’s opinion on market conditions in Quebec, reach out today!

📞 Call Peter Thompson: (438) 500-8344
📩 Email: peter@peterthompson.ca

🏡 About Peter Thompson

Peter Thompson is a Quebec real estate expert specializing in helping homeowners navigate complex market conditions. Contact him today for a personalized home sale strategy.

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