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How to Find the Right Buyer Agent for Re Entry into the Housing Market

The great financial crisis is history, and the housing market is set to re-emerge as a viable investment option. Boomerang buyers abound across the country, particularly in places like Philadelphia. Even the people who were hit hardest by the recession and ended up losing their homes are giving serious thought to purchasing a home again.

If you are among the fortunate 41 percent whose income is higher today compared to when you bought your first home, and if you have allowed it to foreclose, then you may be interested in starting anew. Main Line Philadelphia is one ideal location to consider and Wayne PA is another, but how do you find the right buyer agent?

The Perfect Buyer Agent

The first thing you need to ensure when selecting a buyer agent is that they are a member of the National Association of Realtors (NAR). These agents are incredibly reliable, being bound to acceptable actions by a standard of ethics.

According to studies, an estimated 80 percent of all home owners who suffered from the financial crisis are re entering the housing market, which raises the stakes and the options available for buyer agents. For prime, affluent locations such as Main Line Philadelphia in particular, you need to find an agent who represents you exclusively. Never choose an agent who represents the sellers too, as it creates a conflict of interest.

Two other measures of an agent’s worth are specialization and recognition. You should check if the buyer agent has been recognized by any of their previous clients and if they trained for a particular specialization.

Why Do You Need a Buyer Agent

According to polls conducted by LoanSafe.org and the members of AfterForeclosure.com, there have been considerable reductions in the debt obligations of people who lost their homes as a result of the financial crisis. 63% of those home owners have lower debt, while 30% have significantly lower ones and 22% have managed to maintain the same levels.

Furthermore, there is increased desire to purchase and own a home again. The poll suggests that at least 29% are willing to afford similar prices again, while 46% would now prefer lower prices. These statistics serve to prove that competition for prime real estate, particularly in high demand areas such as Wayne PA and Main Line Philadelphia.

You need a professional, experienced buyer agent to help you find the best possible home at the best possible prices. Not only will they help you find the property, but a good buyer agent will advise you throughout the home buying process. There are numerous other advantages to acquiring the services of a qualified buyer agent as well.

 

The Advantages of a Buyer Agent

  • A dedicated and professional buyer agent will invest the time to completely understand your needs and preferences, as well as your motivations, in order to find the perfect home for you.
  • They will not simply point and throw out random advice, but will seek to educate you about the prevalent market conditions to help you make better informed decisions.
  • Though they may be constricted by your budgetary constraints and the realities of the housing market, they will strive to find a home that provides as many of your needs and preferences as possible.
  • They will conduct extensive research in your areas of choice, then cross reference all available homes with your needs – which may include proximity to good schools, retained home values, commute options, low taxes etc – and make suggestions that are most suitable for you.
  • A truly talented buyer agent will persevere to deliver to you the lifestyle you desire, even within your financial constraints, albeit their might be a few surprises for you.
  • They will help you create a shortlist of your top choices, and then completely handle the negotiation process.
  • They will counsel you on how to deal with property repairs if required, and provide oversight for any necessary inspections.

If you are thinking of purchasing a home again, consider Main Line Philadelphia and Wayne PA as your destinations, for it always is sunny in Philadelphia and you get the opportunity to live in some wonderful, affluent communities.

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Featured Testimonial

I moved to PA from Washington State and learned that realty is local. There were things that I thought I knew about buying a house previously but boy was I wrong. Linda was very patient with me but also did not hold back when she saw potential problems, and always made sure I had all the information I needed before making a decision and didn’t belittle concerns to just get a sale. Above all else, and this was the most important thing to me, Linda has a high ethical standard, is very transparent in her approach and is someone I trusted making one of the biggest decisions of my life. – A. Lindsay (Courtesy of Google)

 

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.