The Buyer Agent Process
Home The Buyer Agent Process
The Buyer Agent Process
See below for the full chronological list of the buyer agent process
Sourcing Leads
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- Networking and marketing to connect with leads for future clients
- Continuous research of the real estate market to provide the very best market info to potential clients
- Providing price analysis and up-to-date market listings for potential client leads
Potential Buyer Client Assistance
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- Consultation in real estate transaction process and education on proper steps
- Providing resources for lending, insurance, home inspection, and other related services
- Providing market analysis, neighborhood info, and new listing information
- Continuous updates on market listings that fit buyer criteria as they go live
- Assisting buyer in finalizing prequalification from lender to determine buying power
- Scheduling in-person tours of desired properties
- Preparation and guidance on purchase offer for desired properties
- Negotiation with seller agent on purchase terms
- Coordination of seller counters if applicable
- Executing final purchase contract
Escrow
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- Provide fully executed purchase contract to buyer lender for lending preparation
- Send escrow company details on buyer and contact info
- Assist buyer in wiring EMD to escrow if needed
- Provide resources for home inspection, insurance, home warranty contact to buyer if needed
- Provide buyer a visual roadmap of important deadlines in escrow process
- Guide buyer in proper steps and expectations of transaction experience
- Coordinate contractual obligations with buyer and seller agent
- Provide access to home as needed for home inspection, appraisal, and any visiting needs
- Negotiate repairs on property if applicable
- Keep continuous contact with buyer, seller agent, and escrow to ensure transaction is on schedule
- Remove contingencies per contract deadlines ONLY when all necessary terms have been agreed in writing by both parties
- Ensure buyer has scheduled final loan documents and escrow/seller is ready to close on time
- Schedule final walkthrough a few days prior to final closing date and verify property is ready to close
- Finalize all required contractual documentation and prepare buyer for closing
- Request utility information for new property from seller agent to provide to buyer
- Ensure buyer sends final downpayment funds and escrow finalizes transaction
- Wait for escrow notification of property recorded title before meeting with buyer to hand keys
- Congratulate buyer on the transaction and provide gifts if applicable
Post-transaction Assistance
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- Follow up with client to ensure new home experience is going smoothly
- Provide market analysis periodically to help keep client up to date on market trends
- Assist client as needed on real estate related topics if asked
- Continue to keep in touch with client as they may provide referrals or ask to sell their property in the future
