Madison Buyer Representation

Buyer Agency Basics

Real estate agents in the state of Wisconsin are bound by law to be fair, honest, and skilled in the delivery of real estate services. In addition to these and other basic standards, the buyer agency/tenant representation agreement outlines the specific duties that are owed to buyer clients. When you enter into a buyer agency agreement, you create a client relationship with our real estate brokerage. As our client, you receive some very important benefits.

You can learn much more about the buying process by visiting our buyer's guide and this blog post

3 Important Buyer Agency Benefits

1) We provide you with the advice that is important to your transaction.

For example, when you are our buyer client, we can provide you with our professional opinion of a property's true market value.

2) We work for you and carry out the duties that are important to you.

Because you are our client (and the seller is not), it is our duty and obligation to advance your goals over the goals of any other party in your transaction.

3) At your direction, we negotiate on your behalf.

For example, not only do we help you negotiate your purchase price, we also help you formulate the earnest money, financing, inspection, testing, and other contingencies that you put forward in your offer. We negotiate all of these contingencies on your behalf as we advance the goals that matter most to you.

Buyer Agent Reviews from our Clients

"I cannot thank Dan enough for his patience with a rather challenging situation. I was living in Colorado when my Madison daughter who was living abroad at the time sent me a link for the perfect condo in the perfect location. And because I am digitally challenged, I so appreciated his calm thoughtful step-by-step approach to facilitate the long-distance purchase." - Mary

"Absolutely a positive experience from beginning to end! They are all so professional yet personable at the same time. They are the reason my family and I are moving into the exact house we needed/wanted. I will be working with them for the rest of my life no question. Thank you Max, Shelley, and Dan!" -- Wyatt and Laney

"We can't recommend Chris Venden enough. She has helped us with three different home/investment transactions and recently landed us our DREAM and forever home. From start to finish Chris's communication has been excellent. We are forever grateful for everything she has done for us!" -- Chelsea and Beau 

"Lane was so helpful throughout our entire home buying process. We will be forever grateful and would recommend him to anyone looking for a home in the Madison area!" -- Martha 

"I had a wonderful experience working with Isabella Lazzareschi! She was incredibly knowledgeable and dedicated, always taking the time to understand my needs and provide valuable insights. She was readily available to answer any questions and offered fantastic support throughout the process. Her professionalism and enthusiasm truly made a difference." -- Abby 

"Austin was professional and responsive from start to finish! He handled every request we made promptly and was thorough in every step of the way towards helping us purchase our new home. I highly recommend Austin Kempf if you want a realtor who is pleasant to work with and who cares." -- Kortney 

"Jennifer did a great job helping us find our first home. She was patient and helpful in answering our questions, providing us with all the information we needed to make informed decisions throughout the process. We are grateful for her expertise and dedication, and we highly recommend her services to anyone embarking on their home-buying journey." -- Waunakee Buyer 

"Amanda kept in constant communication, making sure we were informed every step of the way, and was always so kind and patient no matter what came up. Her dedication and genuine care truly set her apart. I can’t recommend Amanda enough — she’s an amazing realtor and an even better person!" -- Alliee

"We quite literally have never had an experience with Max that was anything less than excellent. He has helped us with both buying and selling and I am confident we wouldn’t have gotten to where we are without his help and expertise. Max is honest, transparent, knowledgeable, reliable, and a great communicator." -- Jackson

"Chris was always professional and personable. This was a complex transition and I had so many questions. Chris always took the time I needed to clearly understand everything and never made me feel rushed. I truly loved working with her and recommend her to everyone." -- Ruth 

"Max’s negotiating skills are not to be scoffed at. Max guided us through all sorts of decisions and angles both to purchase and sell a home. We purchased at a remarkably low price, and we sold at a remarkably high price. I do think Max’s intuition had more to do with that than the market. Max is humble, low key, and sharp and he makes a great negotiator." -- Nick 

 

READ MORE REVIEWS HERE:
#1 rated real estate agency in Madison by Google users.

 

Madison Buyer Representation: FAQs 

How long does a buyer agency agreement last?

There is no standard timetable. The agreement lasts for as long or as short as you want it to last. You can select a timeframe that works best for you and your individual situation. 

Do I need a signed buyer agency agreement in order to schedule a property showing?

No, you don't need to sign a buyer agency agreement. You can sign a pre agency showing agreement instead. The pre agency showing agreement authorizes us to show you properties and act as a neutral party during the showing process. There is no cost and no obligation to continue to work with us when you sign a pre agency showing agreement.

At Mad City Dream Homes, we believe strongly in "service-first". We work to understand your real estate goals and earn your trust. Before you sign your buyer agency agreement, we want you to feel comfortable with the real estate team that's helping you. Once we've established that trust, you can sign the buyer agency agreement and formally select our team as your buyer representative.

I've just met my Mad City Dream Homes agent for the first time at a property showing:

Can the agent give me her professional opinion of the home's true market value? Per federal law, the agent must remain a neutral party until a buyer agency agreement is in place. She can't provide you with a professional price opinion or help you formulate a negotiation strategy without first entering into a client relationship via the buyer agency agreement.

I'm working with an agent, but we haven't signed a buyer agency agreement yet:

Can the agent provide me with market data that will help me evaluate a home's true market value? Yes, the agent can provide you with sold listing and market data, but she cannot advise you on how to interpret the data until a buyer agency agreement is in place.

I like a home and I want to submit an offer:

Should I work with the listing agent to draft my offer? Remember the listing agent works for the seller and is contractually obligated to serve the seller's best interests. Although you could choose to submit your offer through the listing agent, we recommend you submit your offer by working with a buyer agent whose job is to serve and advance your best interests. 

Do I need to sign a buyer agency agreement in order to submit an offer? 

There is no requirement to enter into a buyer agency agreement: however, nearly 100 percent of our customers do end up signing the agreement. They choose to sign the agreement because they want the advocacy and advice that comes with buyer representation. 

Our Buyer Representation Guarantee

We focus our time and expertise on finding you the right home at the right price while protecting your best interests every step of the way. If for any reason you are not 100% satisfied with our service, we will cancel your buyer agency agreement upon your request. When you work with Mad City Dream Homes, you don't need to worry about being locked into a long buyer agency agreement.  

Please fill out the form below and one of our buyer representatives will be in touch to help you get started with the purchase of your new home.

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