BUYERS

"Our Clients Are Our Most Important Asset"

IMPORTANT INFORMATION FOR BUYERS

Buyer's Agent, Seller's Agent- What does it mean?

Traditionally, real estate agents have represented the seller in any property transaction. They are referred to as listing agents and their subagents, or seller's agents. They are employed by and represent only the seller. Their job is to find a buyer and negotiate the best price and most favorable terms for their client.

A Buyer's Agent is a real estate agent who is employed by and represents ONLY YOU, the buyer. Although they work exclusively for the buyer, their compensation is derived in a number of ways but (most often) comes from a commission split with the seller's agent. A Buyer's Agent can provide a number of service for you, which include:

• Helping you determine how much you can afford to spend on a home.
• Explaining available financing options
• Informing you of current real estate values, taxes and other factors that will influence your opinion about a property
• Revealing information about a property which may affect you purchase decision
• Discuss advantages and/or disadvantages of a property
• Advising you on your offer
• Negotiating the most favorable price and terms for you
• Helping you evaluate counteroffers

The job of a Buyer's Agent is to negotiate the best price and terms for their client, the buyer. Employing a Buyer's Agent will not add additional expense when buying your home.

Should you have a Buyer's Agent represent you in the purchase of your new home? We'd be glad to answer your questions-- We've been practicing Buyer's Agency since before it was fashionable.