For Buyers

KNOWLEDGE OF MARKET- A buyer expects to be able to rely on his or her agent as a market resource. Informed agents know their community and its housing stock. It is important, early on in the relationship between buyer and agent, that the buyer be satisfied with the “market smarts” and the approach of their agent.

TIME COMMITMENT – In addition to giving his expertise, a broker gives time. When selecting a broker it is common sense to deal with one who is fully committed to serving his or her clientele. Staying on top of an active market means tracking daily sales, following price reductions, new listings, etc. on a 7 days-a-week basis. Working with an agent who works less than full-time is usually not to a buyer’s advantage.

MANAGING THE BUYING PROCESS – In the last ten years the process of purchasing property has become much more involved. For the most part, these changes have been beneficial to both buyers and sellers. Today, it is the norm for buyers to purchase property with a series of contingencies that often involve provisions for structural inspections, hazardous waste material issues, lead paint, et cetera. An experienced broker goes beyond the initial negotiating dynamics and document execution to thoroughly follow through on the post-offer contingencies

AGENCY DISCLOSURE -  South Dakota state law requires that all agents disclose to all parties who they are representing and their relationship to that party. All agents are obligated to deal with both buyers and sellers fairly and honestly. Seller’s agents are expected to negotiate the best price and terms for their client, the seller: Buyer’s agents represent the buyer and are expected to negotiate the best price and terms for their client, the buyer.