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What Does

Here is Part 2 of a 2 part list of all the activities a real estate agent does for you as a Listing Agent or a Buyer Agent.

Thinking of buying a home? Here is what I do as YOUR Buyer Agent.

145 Common Buyer Agent 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 3D 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

 

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