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What is a Buyer Agent anyways?

"What is a Buyer's Agent?"

I get this question a lot when talking to prospective home buyers. I was surprised to know how many consumers didn't know that real estate agents can exclusively represent the buyer in a transaction.

So what does the buyer's agent do? The agents' main duties are:

  • To seek property that best fits the Buyer's needs
  • To review pricing policies and trends
  • To help the Buyer analyze and select neighborhoods, schools, driving distances, a closing attorney and so on
  • To negotiate on behalf of the Buyer
  • To provide assistance and guidance with mortgages, insurance, warranties, inspections, and repairs

All with the objective of making the purchase process beneficial to the Buyer.

As a prospective Buyer, if you want your interests represented, someone who will negotiate hard on your behalf, and is knowledgeable about the things that are important to a Buyer, you need a Buyer's Agent to work with and for you!

Fellow Agents . . . make sure you are explaining the different levels of service that buyers can receive from you. It helps you to stand out above the rest and, it's the law!

Posted Tuesday Jan 13