STRATEGIES AND AGENCY RELATIONSHIP

The real estate landscape is undergoing numerous transformations, with Washington State leading the charge nationwide in fostering clarity and transparency between Real Estate Firms and their valued clients.
As a prospective Buyer, one of your initial discussions with your agent will revolve around the Buyer's agency agreement, now mandated by state law prior to the provision of brokerage services. Rest assured, you retain the flexibility to opt for non-exclusive representation until you've identified the perfect agent. This agreement serves as a cornerstone in enhancing transparency, delineating the parameters of agency representation and firm compensation, ensuring alignment and clarity in our collaborative efforts. It's crucial for buyers to grasp that sellers retain the option to compensate the buyer's agent, as stipulated in the agency agreement. In instances where the seller decides not to cover these closing costs, the Buyer and their agent have already negotiated the agent's fee beforehand and how to handle this scenario. This will factor into the initial offer. While we hold our clients dear, providing exemplary service necessitates fair compensation – after all, we can't operate on goodwill alone!
Collaborate closely with your agent to strategize and tailor your offer to suit your needs. Have you secured credit approval from your lender, or will you be furnishing evidence of funds for a potential cash transaction?
In this intricate process, having a seasoned professional by your side is indispensable!