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This page will help
you (the potential homebuyer) understand our role
in helping you find and buy a home! Please read
this carefully as it clears up quite a few
questions that many people have as they begin the
process of searching for, and purchasing, a new
home!

SEARCH THE
MLS
Search
for a home. In Minneapolis, there is only one
service that aggregates all the real estate
listings of properties for sale. This is the
Regional Multiple Listing Service or RMLS. Real
estate brokers choose whether or not they wish to
make their data available to you over the
Internet. In Minneapolis, 95% of all brokers
share their listings and make them available for
you to view on the Internet. The MLS data
provided on my site is REAL TIME, so all listings
are updated every day, as soon as they are posted
to the system. Click
HERE to search for "virtually" (95%) all homes
for sale in the Minneapolis / St. Paul Metro area
(13 counties).
You
can also the Automated Home Finder. Click
HERE to use the Automated Home Finder.

CONTACT A
REALTOR
Statistics reveal that most people will spend four
months searching for homes on the Internet before
they contact a real estate agent. When you find a
home on my website that interests you, please give
us a call! We are a highly skilled, low pressure,
honest team of agents working to find you the best
property possible.

BUYER
REPRESENTATION AGREEMENT
We
primarily represent buyers. How do we make
money? We always get paid by the seller of the
home. The ONLY way we get paid is by successfully
finding the homebuyer a home. In order to do
that, the State of Minnesota requires that we ask
if you are currently being represented by another
agent. If you are not, then I will ask that you
sign a BUYERS REPRESENTATION AGREEMENT.
In
most instances, when I reply to your initial email
or phone call, we will have a conversation like
this:
REALTOR:
Mr. or Mrs. Homebuyer are you currently
working with another Realtor?
MR. / MRS. HOMEBUYER: No.
REALTOR:
Great! Would you mind if I faxed or emailed you
a Buyers Representation Agreement, so that I may
represent you in your quest to find and buy a
new home?
This
is where many people freak out, because they think
that we are trying to get them to sign their life
away.
To
help overcome that objection, We are fine with a
30 day Buyers Rep Agreement, which gives you the
ability to dump me in 30 days if you are unhappy
with me in any way, shape or form. My goal is get
my clients into the best possible home and to make
new friends by making the process as easy and
informative as possible. If you are unhappy with
me, then I don't want to make your life miserable.
Additionally, the Buyers Rep. Agreement can be
cancelled by either party AT ANY TIME!
MR. / MRS. HOMEBUYER: Sure that sounds
great. Why don't you email me the Buyers Rep
Agreement. Let's start out with a 30 day trial
period, and if it works out well, then we'll
extend the agreement to the standard 90 or 120
day period. I'll read it over and sign it, then
either fax it back to you or bring it with me
the next time we get together.
REALTOR:
Thanks! That sounds great. I'll get that
out to you ASAP and we'll go from there!
WHAT IS A BUYERS REPRESENTATION AGREEMENT?
The concept of a
buyer’s agent is recent. Prior to Minnesota law
changing, an agent could work for a buyer and a
seller on the same transaction; an obvious
conflict of interest. The agent's duty was to the
person paying the sales commission (seller),
regardless of who first contacted the agent. What
that meant was an agent didn’t necessarily
represent the buyer’s interest in achieving as low
a home price as possible.
Today, a buyer’s
agent works exclusively for the home buyer, and
cannot represent the seller unless specifically
agreed upon by the buyer. The agent for the buyer
can freely advise the buyer about all aspects of
the property.
When you initially meet with a Realtor to discuss
looking for a home, you will be asked to sign a
Buyer Representation Agreement. This Agreement
basically states that as a buyer, you are hiring
the real estate company exclusively, to locate
suitable property and negotiate for it’s purchase.
The fee for this service is typically free to the
buyer. The fee is paid by the seller of the home
you are buying. The agreement does have an
expiration date and can be canceled by either the
buyer or the real estate company.
CLICK HERE IF YOU WOULD LIKE MORE INFORMATION ON
BUYERS REPRESENTATION!

Showing Properties, etc..
Once
the agreement is in place and all parties on the
same page, then we will begin working together.
We'll schedule times to go out and view the
properties and neighborhoods. We'll exchange
emails and phone calls and we'll both work closely
together to make sure that all possible properties
are researched!
We may
make a few offers, and then one will get accepted
and we'll proceed to closing in 30-60 days.
Throughout the process we are there to assist you
with such things as title insurance, appraisals,
inspections, surveys, property taxes, financing,
etc.. We do everything in our power to get you
in a house with the least amount of pain
possible. |