Buyer Agency Representation

 

 

So What Exactly is a Buyer’s Agent?

A Buyer’s Agent is an advocate for the buyer—not the seller—in a real estate transaction.  The Buyer’s Agent owes fiduciary (legal) duties, including loyalty and confidentiality, to their buyer-clients.  A Buyer’s Agent keeps their clients’ best interests in mind through the entire transaction.  To ensure that your working relationship is clearly defined, a separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.

 Why Should I Use a Buyer’s Agent?

Most likely, the seller of whatever property you’d like to buy will be represented by a Listing Agent or Seller’s Agent.  Don’t you want the same kind of service as a buyer?  

Representing the home buyer is a distinction that can save you time, money, and effort. My exclusive representation provides personalized service AT NO COST to you (i.e. the commission is paid by the seller and shared between the listing broker and the selling broker).    As your Buyer’s Agent I will:

  • Represent you as a true client, not just a customer
  • Show you the entire market with absolutely no bias
  • Provide property value studies and give you price advice
  • Research the seller or property to provide strategic insight
  • Disclose any reasons NOT to buy!
  • Pass on professional knowledge that will enhance your bargaining position
  • Help you write an offer with only your best interests in mind
  • Keep your bargaining and financial position confidential
  • Negotiate with utmost good faith, loyalty and fidelity

What is an Accredited Buyer Representative (ABR®)?

The ABR® designation represents the benchmark of excellence in buyer representation. This coveted designation is awarded to real estate practitioners by the Real Estate Buyer's Agent Council (REBAC) of the National Association of REALTORS® who meets the specified educational and practical experience criteria.  Working with a Buyer’s Agent who is also an ABR® ensures the highest level of expertise and professionalism.