Buyer’s Guide

Buying a home in Regina can be a complex and stressful undertaking. Getting an expert to help will save you time, money and aggravation. When buying, the advantages of working with a Realtor® are:

LOOKING OUT FOR YOUR BEST INTERESTS

By asking a Realtor® to act on your behalf during the purchase of a home, you create an Agency Relationship and become a client of the Realtor®. The Realtor® always owes their clients full fiduciary duties, such as loyalty, obedience, confidentiality, accountability, duty of care, and full disclosure of all pertinent facts.

GETTING THE BEST DEAL – KNOWING THE MARKET

What have similar properties sold for in the immediate area? How long were they on the market? How does this one compare? Is it over-priced, underpriced, or fair value? What type of market is it – is it a seller’s, buyer’s or a balanced market? By having this information at your fingertips, you are in a position to negotiate the best price and take advantage of any opportunities that may show up.

NEGOTIATING EXPERTISE

While a Realtor® does many things, one of their most important functions is to negotiate on behalf of their clients. When you purchase a home, you want the best deal possible. The job of your Realtor® is to facilitate this by drawing up legally binding contracts, assisting in negotiating offers, offering advice and perspective and, if needed, acting as a mediator during any potential disputes between you and the seller.

FINDING THE RIGHT HOME & NEIGHBOURHOOD FOR YOU

A Realtor® spends a lot of time and energy making sure they know their local market inside and out. They are familiar with the current market values of properties in the areas you are looking and are your best resource for finding the right home.

PROFESSIONAL EXPERIENCE

A Realtor® brings to the table all of his or her knowledge, training and negotiation skills, and will explain exactly what you can expect from the buying/selling process. He or she will be able to explain your rights and obligations, help organize and strategize, and additionally discuss financing options.

PROFESSIONAL QUALIFICATIONS 

All Realtors® are members of the Canadian Real Estate Association (CREA). This organization requires all of its members to adhere to a strict Code of Ethics and Standards of Business Practice. The Code and Standards are very important because they assure that all Realtors® offer the highest level of service, honesty and integrity possible. All Realtors® are subject to constant professional monitoring that keeps them directly accountable to the individual consumers they serve. CREA also ensures that all of its members are knowledgeable and highly trained in order to better serve the public. CREA offers additional ongoing education courses so that Realtors® continue to meet the highest professional standards in a constantly changing industry.

DETERMINING YOUR WISH LIST

What is it that you want from your new home? A particular style, design, lot type? Proximity to schools, services, work? A pool? A two-car garage? A specific price range? A Realtor® will help identify exactly what it is you are looking for. REALTORS® will also ensure that you get to see all the homes that meet your criteria when buying a home in Regina!

ASSISTING WITH THE FINANCIAL COMPLEXITIES

Realtors® are familiar with all of the complexities involved in the pre-qualification, approval and negotiation of mortgage rates. Like many industries, banks are experiencing quite a bit of competition and are often willing to flex from their quoted rates. Experienced Realtors® can often assist in finding the most competitive rates and terms available.

PROVIDING ACCESS TO MULTIPLE LISTINGS SERVICES

Realtors® have exclusive access to the Multiple Listing Service (MLS). The MLS system also allows a Realtor® to examine all properties for sale and short-list the ones that are right for you. This not only offers more choices but also saves you valuable time and effort. Click HERE to begin your search!