1. Legal Protection
All the broker’s obligations are stipulated in the brokerage contract, and this is what protects your interests, especially if a mistake or omission should occur during the purchase process.
2. Access to All Properties
Did you know that a broker has the right to solicit properties that are not yet on the market? They also have access to privileged information regarding residences that will shortly be listed for resale. They can then share this information with you, their client!
3. Proof That You Are Serious
When the real estate market overheats and there are more buyers than sellers, holding a brokerage contract is irrefutable proof that you are serious about acquiring a property. This step can save you quite a few headaches, mainly in the event of a bidding war, as your broker will thus have an additional argument in your favour: how committed a buyer you are.
4. The Ability to Make the Right Decision
The broker with whom you have signed a contract to purchase a property wants to provide you with the best experience possible. They will facilitate the process for you, help you determine which neighbourhoods most suit your family’s needs, and point out some of the viewed homes’ flaws so that you choose one that truly corresponds to your particular life situation. During visits, this professional can likewise highlight a residence’s potential as well as the ways in which it could conceivably be improved.
5. A Professional Who Works for You
Contrary to the sellers’ broker, you own broker will act in the best interest of the buyer: you! Their objective, therefore, is to assist you in buying the property you want at the best possible price. They will conduct the negotiations in your name while you will be the one to determine all the transaction’s negotiable terms, like the sale price, the conditions and the fittings and fixtures you wish to include. All in collaboration with your broker and following their sound advice, of course!