Friday, July 14, 2006

Buyers Agent vs Listing Agent

Buyers Agent: Acts exclusively on behalf of the buyer.

Listing Agent: Person acting on behalf of the seller; the agent with the sign in front of the home for sale.


Why do buyers need the help of a buyers representative?

When buyers work with a real estate professional who is 100% loyal and completely committed to them, chances are the entire home buying process will go smoothly, with more buyer satisfaction.

Exactly what is buyers representation?

A buyers representative works solely for you and has no legal responsibilities to the seller. When working with a buyer representative, you have the advantage of personal representation, loyalty, confidentiality, independent counseling, and trust. In addition to helping you present an offer, negotiate, close a transaction, a general real estate agent has certain fiduciary responsibilities to the seller and agent of any property you choose.

Can a buyer representative show us the same properties?

Yes, a buyers representative can show you every home listed in the realtors Multiple Listing Service (MLS), for sale by owner (FSBO), Real Estate Owned (REO). Additionally, a buyer representative can show you new construction and unlisted homes.

Will a buyers representative disclose more information?

Yes, since a buyers representative's fiduciary responsibility is to you, she or he can be more forthcoming with any negative aspects about properties that you are investigating for for purchase.
Do buyers representatives make decisions for the representative customer?

No, As your personal ally, advocating your best interests, a buyers representative is obligated to provide you with maximum information about buying a home, each step of the way. Than means disclosing specifics about location , property values, offering price, negotiations, counter offers, contingencies, financing, and the entire closing process. providing this important and detailed information, you will be completely prepared to make a well informed division that is right for you and your family.

How your buyers agent can make negotiations.

A buyers representative is fully qualified and is skilled in the back and fourth negotiations and financing questions that may arise preceding the closing of most real estate transactions. A buyers representative is also experienced and committed to helping protect your best interests in the purchase. In representing and supporting you, that is of paramount importance!

What is meant by "confidentiality"?

A buyers representative is legally obligated to only you, she or he can help you maintain absolute privacy regarding financing and personal information. Burton Realty & Development has a strict policy of guarding its clients’ privacy. Any information collected about you is used solely for the purpose of fulfilling your requests.

This is a space where home buyers can discuss their future, current, and past home purchase experiences. Please leave comments.