Chicago Time
 
Why look for the Certified Residential Specialist (CRS) designation before looking for a home? These three letters after a REALTORS® name tell you that you will be working with a buyer representative who is committed to your best interests. To earn the CRS designation, every REALTOR® must have significant experience and demonstrate volume of real estate transactions or gross sales, as well as complete rigorous educational requirements. Also, as members of the National Association of REALTORS® we are required to adhere to a strict Code of Ethics.

A buyer's representative will:
  • Evaluate the specific needs and wants of the buyer and locate properties that fit those specifications.
  • Assist the buyer in determining the amount that they can afford (pre-qualify), and show properties in that price range and locale.
  • Assist in viewing properties -- accompany the buyer on the showings, or preview the properties on behalf of the buyer to insure that the identified specifications are met.
  • Research the selected properties to identify any problems or issues to help the buyer make an informed decision prior to making an offer to purchase the property.
  • Advise the buyer on structuring an appropriate offer to purchase the selected property.
  • Present the offer to the seller's agent and the seller on the buyer's behalf.
  • Negotiate on behalf of the buyer to help obtain the identified property -- keeping the buyer's best interests in mind.
  • Assist in securing appropriate financing for the selected property.
  • Provide a list of potential qualified vendors (e.g. movers, attorneys, carpenters, etc.) if these services are needed.
  • Most importantly, fully-represent the buyer throughout the real estate transaction.
Reprinted from REBAC site (www.rebac.net) by permission of Real Estate Buyer Agency Council.