Property Buyers
Home Buyers Get Exclusive Service!
Great news for today's home buyers! In recent years the residential real estate industry has embraced the concept called “Buyer Agency”. This revolutionary change means that home buyers can now employ an agent who offers you loyalty and a pledge of performance. Agents within a company which represent BOTH buyers and sellers disclose their intent to practice what is called “Dual Agency”. Dual agents represent the interests of both the buyer and the seller in the same transaction, which could sometimes result in a loss of advocacy and many of the services provided by Buyer Agency. Effecti a buyers agency agreement must be signed by all buyers in order to enter into any real estate services.
Buyer Agents' Exclusive services
A home buyer will be asked to sign a written agreement to take advantage of these important services. Signing a contract is an important protection for the buyer as well as the agent. (If you are not offered a contract with your buyer agent you should initiate one yourself, so the terms and fee is agreed upon and understood beforehand.) The contract requires loyalty to the agent, so it is important to spend some time interviewing agents to choose someone whose skills meet your needs as well as finding a good chemistry in personalities. Exclusive Buyer Agents find homes for buyers that are for sale by owner anything listed on the internet, as well as homes listed with the Multiple Listing Service (MLS) including all websites where homes are offered for sale. These days many home buyers prefer to hire a buyer's agent, one who owes the full range of duties, including confidentiality and obedience, to the buyer. A buyer's agent is often paid by the seller, regardless of the agency relationship.
Seller agents who participate in offering buyers agent compensation generally offer compensation to cooperating agents including Exclusive Buyer Agents. If compensation is not offered by the seller, there are other ways to cover the cost of compensation for a buyer’s agent, which can be discussed with your buyer’s agent!
REMEMBER: In whatever manner you choose to be represented, the goal is that the real estate broker will assist you in the sale or purchase of real estate upon terms acceptable to all parties, and when you are represented, your best interest is first and foremost
Guarantee to represent you
Protect buyer's bargaining position
Analysis of property value for buyer
Advocate for buyer's best interests
Negotiate aggressively for buyer
Seek lower price and better terms
Access to entire market of available homes
Point out reasons not to buy
Seek advantageous financing for buyer
Assist in finding thorough home inspector