4 Benefits of Hiring a Buyer’s Agent in Denver
By Aaron Randolph on February 01, 2024
Denver is a vibrant city offering everything from jazz clubs and rooftop bars to weekend trips into the Rocky Mountains. For the modern homebuyer who decides to move to the Mile High City, searching online is an exciting and natural thing to do.
But purchasing a home is a complex process that involves more than just finding a house online. In fact, it is one of the largest financial transactions most people will ever make. The inner workings of buying a home become complicated when detailed paperwork and emotional negotiations are involved.
For these reasons, it’s helpful to have guidance from a top real estate agent. Below we’ve outlined four reasons to hire a buyer’s agent in Denver.
Benefits of hiring a buyer's agent in Denver
- Having an advocate for your specific interests
- Local knowledge
- Get money back with a commission rebate
- Streamline your purchase with a digital platform
Having an advocate for your specific interests
For first time home buyers and seasoned investors alike, purchasing a home is a complicated process, and it’s easy to overlook nuanced information.
If you choose to represent yourself when buying a home, you may be dealing directly with the listing agent or the seller, whose ultimate goal is to secure the best deal in their interests.
Working with a real estate broker guarantees a personal advocate who mediates between you and the seller’s agent.
This is especially helpful in the midst of emotional negotiations when it’s easy to miss key details. During such negotiations, a dedicated agent works as a clear-headed sounding board to provide expert guidance. Furthermore, they will always advocate for your best interests and help create an offer that represents your needs.
Local knowledge
The Denver metro area has a multitude of commuting options, housing styles, and outdoor recreation, which can make the search for the best neighborhood overwhelming.
Whether you want easy access to the airport from Green Valley Ranch or the shortest drive to the Rockies from Arvada, having guidance from a Denver real estate professional can make the process smoother. An agent with local knowledge can ensure you find the perfect home to suit your lifestyle.
Real estate agents in Denver have personal, up-to-date knowledge of the ebbs and flows in the local real estate market. When people in your target neighborhood buy or sell homes, buyer’s agents also have access to detailed listing information. This allows them to see recent sales data and pricing trends. With these tools and firsthand knowledge, buyer’s agents can develop the best negotiation strategy for you.
Get money back with a commission rebate
An important question to ask potential buyer’s agents is if they offer commission rebates. This is a modern concept which many traditional brokerages haven’t embraced.
Traditionally, the listing agent and the buyer's broker split a broker fee. But tech-enabled brokerages like Prevu offer a portion of their buyer broker's commission back to new homeowners through a commission rebate - up to 1% of the purchase price.
With Prevu, if you were to buy a home for $1,250,000 in Sunnyside as an example, you could potentially receive up to $12.500 in the form of a rebate. The extra money could be used for remodeling your home, offsetting closing costs, or simply replenishing your savings after closing.
Streamline your purchase with a digital platform
In the past, people were dependent on real estate agents to find homes. Today, when tech-savvy people consider relocating, they do much of the research on their own.
Prevu embraces this shift in real estate by integrating online tools into the hunt for your dream home. This is achieved through a digital homebuying platform that consolidates the elements of your search in one place.
Through Prevu, you can seamlessly browse listings, schedule viewings, make offers, and collaborate with your dedicated agent. This new style of browsing properties combines the best aspects of online search tools with the personal touch of a licensed professional when you need one.
Prevu allows you to stay in control of the home buying process while guiding you along the way. Buyers who prefer to be personally engaged in their search, but still want the advice of an expert, should go with an agency that offers online resources. By streamlining how people buy homes, Prevu saves time and money for buyers.
