BarbaraSellsTheBeach.com - Buyer Representation

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Buyer Representation

Buyer's Agency

I Represent Buyers!
As a real estate professional specializing in residential and residential income properties, I can represent buyers as Buyer's Agent. Let me briefly explain how Buyer's Agency works.
Buyer's Agency is a relatively new concept in the real estate industry and a Buyer's Agent - or Purchaser's Agent - represents the buyer in a real estate transaction.

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Who Does the Real Estate Agent Represent?

Up until now, the seller was the only person represented in a transaction, often by as many as two agents and two different companies. Very seldom was the buyer also represented unless it was through an attorney.
It works similar to the seller's listing agreement with a broker. The difference is that the buyer who chooses to be represented by a broker in the transaction enters into a formal agreement with the broker/agent to locate and negotiate the purchase of a property. Compensation can be structured in several different ways, but typically the buyer's agent receives compensation out of the seller's funds at closing. Therefore there is no additional cost to the buyer.

Make Sure the Agent is Really Working for You!

It's important to know that, as a purchaser, if you do not have a contract with a real estate sales representative or Buyer's Agent, that agent probably has a higher legal duty to the seller than to the buyer. By simply preparing a buyers agency contract with the Agent, the agents legal duties to you the buyer would be on par with the legal duties to the seller. No longer would the seller have a higher level of representation that the buyer.

Who Does the Real Estate Agent Represent?

1. You enjoy the same client-agent status that the seller has had for years.

2. Your interests are fairly represented. Your needs and motivation are not disclosed to the seller or their agent during negotiations.

3. You get a strong, experienced negotiating partner, without giving up anything.

4. You get to purchase the home you want, knowing you got the best deal the market could offer.

For equitable representation in your next real estate transaction, contact me to further discuss the benefits of Buyer's Agency.

Let Us Represent You!