What is a Buyer Representation Agreement?
A Buyer Representation Agreement (BRA) is a document that formalizes the work relationship between the client and company/agent. The purpose of signing a Buyer Representation Agreement is that the client’s requirements are fulfilled at any given time while there will be a dedicated agent working on the matter on a full time basis to get your property job done.
Benefits of signing a Buyer Representation Agreement
A number of benefits are enjoyed by the client when such a document is signed. Below is a list of such benefits:
- Trust is established with the real estate agency.
- Dedicated service is provided to the client with frequent property updates
- Property research, market evaluation and pricing analysis of the property
- Specific marketing plan to search for the particular property will be prepared
- Advertising the need or property requirement online and offline
- The client doesn’t need to deal with hundreds of agents.
- All agent communication can be handled by Mister T
- Expert advice and consultancy will be available until the job is done
The Misconception
It has been observed and understood that many clients think it’s better to inform any and everyone about their search for a property but they forget that they are sharing other valuable information such as the amount of money they are willing to spend and the kind of lifestyle or business they are going to do or get involved in. This type of information can cause great damage if it reaches the wrong ears, hence hiring a professional, reliable and trustworthy real estate agency that can attend to the matter is of paramount importance. The professionals know how to find and connect with property owners and they know where to find such property owners and how to get across to them. It’s a skill- not all are smart and skilled in sourcing properties, negotiating and closing the deal. Picking the right realtor means picking someone who will get the job done and that is what professional realtors do – they focus on getting the job done.
Get in touch with Mister T and get the job done! Happy Property Experience!