Back To Blog

Why Use a Buyer's Agent?

A real estate buyer's representative represents the buyer who is purchasing property in a real estate transaction. Research by the National Association of REALTORS has shown that when a buyer's representative is used, the prospective buyer found a home 3 times faster than consumers who did not use a buyer's representative.

The buyer's representative works for, and owes fiduciary responsibilities to, the real estate buyer and has the buyer's best interests in mind throughout the entire real estate process. A good, reputable buyer's representative will provide more services for you than if you work directly with the seller's agent.  The differences in the  services are listed below:

 

Services / Duties Provided Seller Agent Buyer Agent
Arrange property showings

X

X

Assist with financing

X

X

Provide property data

X

X

Explain forms/agreements

X

X

Monitor closing

X

X

Prepare property value study

X

Represent buyers on MLS listed properties PLUS bank properties, auctions, FSBOs, new construction

X

Promote and protect interest of the buyer at all times

X

Advise the buyer even if it means pointing out reasons not to buy

X

Disclose all research about property history & liens

X

Negotiate in favor of the buyer for best price & terms

X

Structure offer with the buyer's best interest in mind

X

Keep buyer's financial capabilities / thoughts confidential unless authorized to disclose

X

 

 

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

Comments

  1. No comments. Be the first to comment.