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What is a Buyer's agent?

Buyer’s Agency is a method of buying your home with a Real Estate Broker  that is on your side and does not represent the seller.  A Buyer’s  agent acts as your advocate to obtain the best deal for you.  It’s the same reason why you would want your own attorney instead of depending on the insurance company's attorney. The Buyer does not pay for this extra representation, the seller pays the real estate commission. There are only advantages to the buyer and no drawbacks.

A Buyer’s  agent

·        Never takes property listings, only works with buyers.

·        Provide 100% loyalty, obedience, confidentiality and full disclosure about issues that affect the buyer.

·        Listens well and shows all properties that the buyer wants to see.

·        Investigate strengths and weaknesses of the properties and advise the buyer accordingly.

What are other people saying about Buyer’s agents?

 

USA Today

"Most agents who show you homes don't represent your interests. They work for the seller and their object is to sell the house at the highest possible price"

The Washington Post

"U.S. Sprint Communications Company encourages the 700 to 900 employees it transfers each year to find a buyer broker to handle their home purchase. Home buyers who use buyer brokers are able to slice more off the price of a home"

The New York Times

"Confusion often arises because many buyers believe that the agent who shows them houses works on their behalf. In fact, subagents of the listing broker - often they are agents who work for another office - also act on behalf of the seller"

Good Housekeeping

"Many people don't realize that, unless specifically state otherwise, brokers are legal representatives of sellers. A buyer broker, representing only the buyer, may be able to secure a better price and better terms."

U.S. News & World Report

"Buyer brokers: Agents that buyers can call their own, if your real estate agent isn't a buyer broker, he works for the seller....Buyers no longer have to fend for themselves"

Money Magazine

"Unlike the traditional agent who looks out for the seller, a buyer broker acts as your advocate, helping you find the home you want and then negotiates the lowest possible price. The best buyer brokers are so-called exclusive agents - that is they represent only buyers, never sellers, and thus are not tempted to push a house on which they stand to earn a commission."

Reader's Digest

"Always remember that a real estate agent does not work for you, but for the seller. If you want an agent on your side, hire a buyer broker"

The Wall Street Journal

"Buyer advocacy appears to be taking off. I'll never buy a house any other way"

Business Week

"To protect themselves buyers can retain their own exclusive representation, called a buyer broker...Your local agent may offer such services, but be aware that buyer's brokers who also work as seller's brokers can sometimes end up on both sides of the deal"

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