If you are looking to buy a home we have access to the most up-to-date information on all homes for sale in the state of
Massachusetts. Give us a call and let us know what you have in mind. Your request will become our mission to help you
succeed in finding the home of your dreams!!
AVENUE 5 REAL ESTATE ONLY WORKS WITH BUYERS UNDER BUYER AGENCY WHO HAVE BEEN PRE QUALIFIED FOR A
WHAT IS BUYER AGENCY? For many years real estate was practiced in such a manner that agency relationships were only extended to sellers. Any real
estate agent who brought a buyer to the table was actually working as a sub-agent to the seller. This all began changing in the
1980s, when buyer agency started gaining momentum in residential transactions. Today agency laws still vary from state to
state. If you live in a state that recognizes buyer agency, as a potential home buyer, you can't assume that you will
automatically receive fiduciary responsibilities from the agent you are working with.
Buyer Agency is a legal and binding agreement made between you and your Agent that simply states you have agreed to work
with that Agent exclusively for an agreed upon period of time. In return the Agent will commit to providing you services with
the highest priority and will do everything possible to find you a home that meets the criteria you have defined. Agency
relationships are established in writing through a Buyer Agency Agreement and requires the Buyer's Agent to operate and
represent the buyer with Obedience, Loyalty, Disclosure, Confidentiality, Accountability, and Reasonable Care.
CAN I JUST CALL TTHE SELLER'S AGENT IF I WANT TO SEE A HOME? Yes. However, always remember that a Seller's Agent represents the interests of the seller and not the Buyer. A Buyer's Agent
will keep you well informed and can help detect any risk or undesirable situations that could exist with a listed property. With
Avenue 5 as your Buyer's Agent we will study the property thoroughly to make sure you are a potential buyer who is well
equipped with questions prior to your visit to the property.
WHY WOULD I NEED A BUYER'S AGENT WHEN I CAN RESEARCH HOMES ON MY OWN USING THE INTERNET? There are many great real estate web sites out there available to the general public. However, did you know that all listings
that end up on the internet originate when a listing agent creates a listing sheet on MLS? MLS (Multiple Listing Service) is a fee
based tool designed exclusively for Agents and Realtors. MLS is comprised of a comprehensive database containing
approximately 50,000 homes listed throughout Massachusetts. The information that is entered on MLS eventually gets
propagated out to the many real estate web sites on the internet. The problem is the information about the home you may be
interested in is sometimes 2 or 3 days old. With that much of a delay it is not uncommon for a property to be under agreement
by the time you call on it. If you have a buyer's agent you can be assured that you will be the first to learn about the properties
that become active on the market. Avenue 5 Real Estate will monitor MLS for you and immediately see that a listing has been
activated and can arrange a showing for you long before the information is available to the most popular real estate web sites.
IS THERE A COST ASSOCIATED WITH BUYER AGENCY? Avenue 5 does not charge any fees for Buyer Agency. Buyer Agency with Avenue 5 is simply a promise in writing to work
exclusively with us for a certain period of time to find a home. In return for your promise we will diligently search for
properties that meet your criteria, set appointments to show properties, negotiate the offer prices and act in your best interest
at all times to make sure you are making an informed decision.
WHY DO I NEED TO BE PRE-QUALIFIED FOR A MORTGAGE? It is very important to set proper expectations before viewing properties. The first step in buying a home is making sure you
can buy at a price point you can afford. Therefore, before showing any property, Avenue 5 requires that all buyers be
pre-qualified for a mortgage. There are many factors involved with qualifying for a mortgage today and securing a mortgage
has become a very stringent process. Guessing at affordability is extremely risky and could lead to disappointment late in the
buying process, and in some cases can be costly, so it is best to minimize the risk and avoid wasting valuable time by getting
pre-qualified. It is a quick and easy process that will help you determine home price criteria. To get pre-qualified simply
contact a bank or mortgage company and ask for a pre-qualification letter.
IN SUMMARY, BUYER AGENCY PROVIDES A DEDICATED AGENT: - who is working in YOUR Best Interest
- who has Immediate Access to hot properties the Second They Hit the Market
- who Does Their Homework and can Detect Red Flags on a property both before and after the visit
- who will Listen to Your Needs and Zero In On Your Home Faster
- who will Walk You Through The Entire Buying Process and Make Sure Timelines are Met and Commitments are Made
- who will Locate a Home that Meets Your Criteria, in the Shortest Amount of Time
- who will Minimize Stress by Setting Expectations Up front
Buyer Agency is a Promise for a Promise with 100% Dedication to You. Become an Avenue 5 Client Today and Experience the