Attention First Time Home Buyers!!

Buyer’s Agent

If you work with a buyer’s agent, you are the buyer’s agent’s client. You and the buyer’s agent sign a WB-36 Exclusive Buyer Agency Agreement that includes a Disclosure of Real Estate Agency. The Disclosure lists the fair treatment duties owed to all parties and the duties owed to you as the client, and indicates that the buyer’s agent is the agent of the buyer.

The buyer’s agent works for the interests of the home buyer, but also must know how to work with the listing agent. A buyer’s agent can:

1. Give a negative opinion or critique of a seller’s property beyond disclosing defects.
2. Recommend or suggest an offering price or give you an opinion about whether a particular house is priced too high or too low.
3. Structure the offer and draft offer provisions with the buyer’s best interests in mind.
4. Recommend and assist the buyer with negotiation strategies for the best price and terms.
5. Research and disclose all information and research a property’s history title and liens so the buyer can make a better informed decision.
6. Give advice within the scope of the agent’s expertise as a licensed real estate professional.