145 Common Buyer Agent Responsibilities

folder_openHome Buyer, Resources
commentNo Comments

When you work with a Buyers Agent you are gaining an advocate who will guide you through the home buying process with skill and expertise. Team Reith has done these steps hundreds of times and know what works and what doesn’t. We know what to do when a bump in the process occurs. We handle the majority of the details and answer your questions so you can feel confident about buying the right home for your needs at the right price. A Buyers Agent is a great value for all the roles and responsibilities they fill. Here is a list of the most common responsibilities:

  1. Prepare Buyers Presentation
  2. Present Presentation at Buyer Consult
  3. Discuss Buyer’s Goals
  4. Provide Home Buyer Checklist
  5. Discuss Different Types of Buyer Financing
  6. Explain Closing Costs to Buyers
  7. Explain Earnest Money to Buyers
  8. Refer Qualified Lender Contacts
  9. Explain the Loan Process
  10. Obtain Mortgage Loan Pre-Approval
  11. Confirm Current Lender
  12. Create Internal File for Buyers
  13. Create Buyer Agency Agreement
  14. Explain Buyer & Seller Agency Relationships
  15. Provide Overview of Current Market Conditions
  16. Explain Your Personal Value to Buyers
  17. Explain Your Companys Value to Buyers
  18. Provide Local Info On Areas
  19. Explain the Value of The Neighborhoods
  20. Provide Local Info On Schools
  21. Explain the Value of Schools on Market
  22. Explain Consumer Logic Versus Emotions
  23. Provide List of Homes for Sale
  24. Pre-Screen Homes for Buyers
  25. Tour Properties With Buyers
  26. Explain In-Door Cameras & Showings
  27. Verify Keys Went Back in the Lockbox
  28. Gather Comps on Interested Homes
  29. Explain Seller’s Staging Strategy
  30. Explain Marketing Versus Reality
  31. Communicate with Showing Services
  32. Walk through Home After Showing
  33. Turn Off All Lights After Showing
  34. Work with Tenants for Showings
  35. Keep Track of All Showings
  36. Research Property Tax Info
  37. Research Property Ownership & Deed
  38. Research Property’s Zoning Restrictions
  39. Research Neighborhood HOA
  40. Research MLS Data
  41. Explain Average Days on Market
  42. Advise on Property Condition
  43. Advise About Property Location
  44. Explain Seller Marketing Tactics
  45. Explain D Tour Marketing
  46. Describe the Buyer Pre-Screening Process
  47. Video Potential Homes for Buyers
  48. Establish Showing Instructions for Buyers
  49. Map Out Homes for Showings
  50. Explain Problems with Zillow/Trulia
  51. Explain How the MLS Works
  52. Help Buyers Find Homes
  53. Schedule Showings with Sellers
  54. Create MLS Sheets for Showings
  55. Explain Landscaping Options
  56. Maintain Electronic Lockbox App
  57. Keep Car Clean for Buyers
  58. Bring Water for Buyers
  59. Work Around Buyer’s Schedule
  60. Provide Feedback After Each Showing
  61. Keep track of Showing Schedules
  62. Provide Marketing Data to Buyers
  63. Update Buyer’s of Any Price Changes
  64. Setup Automatic Property Updates
  65. Review Market Data Weekly
  66. Counsel Buyers on Offer Strategies
  67. Counsel Buyers on Pricing
  68. Examine “Buying Power”
  69. Negotiate Seller Concessions
  70. Create Offer Contracts
  71. Provide Pre-Approval to Listing Agent
  72. Negotiate Contracts
  73. Explain All Disclosure Forms
  74. Negotiate All Terms on Buyers’s Behalf
  75. Determine Earnest Money Terms
  76. Deliver Earnest Money On Time
  77. Verify All Signatures Completed
  78. Schedule Home Inspection with Sellers
  79. Attend Home Inspection
  80. Verify MLS Data with Listing Agent
  81. Identify Any Red Flags
  82. Negotiate Closing Date
  83. Communicate with Listing Agent
  84. Negotiate Inspection Objection Deadline
  85. Communicate with Buyer’s Lender
  86. Continually Verify Buyer’s Funding
  87. Explain Earnest Money Process
  88. Negotiate Loan Objection Deadline
  89. Communicate With Title Company
  90. Keep Everyone On Schedule
  91. Return ALL Calls ASAP – Weekends Included
  92. Verify Interior Room Sizes
  93. Examine Lot Size on Survey
  94. Investigate Any Unrecorded Easements
  95. Review Plat Map from Title Company
  96. Discuss Appraisal Process
  97. Negotiate Appraisal Deadlines
  98. Verify Title Company Received Contract
  99. Verify Listing Agent Has Received Copies
  100. Deposit Earnest Money in Escrow Account
  101. Deliver Copies of Contract/Addendum to Buyers
  102. Keep Track of Copies for Office File
  103. Make Sure Title Commitment Was Received
  104. Verify Home Owners Association Fees
  105. Obtain Copy of HOA Bylaws
  106. Confirm Water Source and Status
  107. Verify Natural Gas Availability
  108. Ask For Average Utility Usage
  109. Ask For Transferable Warranties
  110. Determine Need for Lead-Based Paint Disclosure
  111. Verify Security System Ownership
  112. Determine Property Inclusions & Exclusions
  113. Explain Home Warranty Options
  114. Verify any Existing Lease Agreements
  115. Obtain Sellers Disclosures
  116. Schedule Weekly Update Calls with Buyers
  117. Update Buyer’s Lender Weekly
  118. Keep Track of Repair Schedules
  119. Follow-Up on Appraisal Scheduling
  120. Verify Any Appraisal Conditions
  121. Verify Buyer’s Home Owners Insurance
  122. Schedule Final Walk Through
  123. Negotiate Any Unsatisfactory Appraisals
  124. Refer Trustworthy Contractors to Buyers
  125. Coordinate Closing Times & Location
  126. Make Sure All Repairs Have Been Made
  127. Verify Title Company Has Everything Needed
  128. Solve Any Title Problems Before Closing
  129. Verify Power Of Attorney Are Submitted
  130. Verify All Parties Are Notified of Closing Time
  131. Receive and Carefully Review Closing Figures
  132. Review Closing Figures With Buyer
  133. Remind Buyers to Schedule Utilities
  134. Perform Final Walk-Through With Buyers
  135. Resolve Any Last Minute Problems
  136. Review Closing Documents
  137. Receive Any Home Warranty Paperwork
  138. Receive Any Transferable Warranties
  139. Verify Buyers Cash due at Closing is Correct
  140. Get the Keys to the Buyers
  141. Upload All Signed Documents to System
  142. Close Out Buyers File
  143. Verify Status Was Changed to “Sold”
  144. Check In With Buyer’s After Closing
  145. Send Feedback Request

Team Reith looks forward to partnering with you on your home buying journey so we can help with all these responsibilities.

Contact Team Reith about helping you buy your dream home.

Tags: buyer agent, home buying, real estate agent, responsibilities

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

keyboard_arrow_up