First Time home buyer's need to save money by using buyer's agents. Prior to the internet taking over the real estate business buyer's were more aware of their need for their own agent representation. Every statistical measurement of real estate aquisitions indicates that purchasers who use professional buyer's agents save 2-7% in the price they pay for their home. Listing agents work exclusively for seller's. Buyer's real estate agents work exclusively for purchasers. With the multiple listing service being available for all home buyers a common practice is for the home buyer to pull up properties for sale and then drive by houses they have initial interest in. A common mistake they make is to call the listing agent and look at the house through the listing agent. The listing agents job is to get the highest dollar amount for the seller. So more and more buyer's are using the seller's agent to buy their home. Sadly if they had taken the time to get their own representation then they would save money and the seller would retain the job of paying the buyer's agent. That's right they save money and the seller pays for it. A home purchase is the biggest aquisition most people make in their life. In the largest purchase most people make in their life it only makes sense that a professional buyer's agent is a must for the buyer. Why would anyone make a six figure purchase using their own amateur knowledge or the advice of the seller's agent?
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