Buyer Representation Q & A
Q: What is a Buyer Representative?
A: A Buyer Representative works solely for you and has no legal or other responsibilities to the seller.* When working with a Buyer Representative, you have the advantage of personal representation, independent counseling, loyalty, confidentiality, and trust.
*In a case where the property your agent is representing you to buy is also that agent’s listing, Transaction Broker agency applies. Talk to your agent for more information.
Q: Do home buyers need the help of a Buyer Representative?
A: You bet! Because when buyers work with a real estate professional who is 100% loyal and completely committed to them, chances are that the entire home-buying process will go smoothly, with a higher level of buyer satisfaction.
Q: Can a Buyer Representative show us the same properties?
A: Yes, a Buyer Representative can show you every home listed in the REALTOR®’s Multiple Listing Service (MLS), and For Sale By Owner (FSBO) properties.
Q: Will a Buyer Representative disclose more information to us?
A: Yes indeed. Because a Buyer Representative’s fiduciary responsibility is to you, he or she can be more forthcoming with any information they find out about the Seller, their motivations and price.
Q: Does a Buyer Representative make decisions for us?
A: No. As your personal ally, advocating your best interests, a Buyer Representative is obligated to provide you with maximum information about buying a home, each step of the way. That means disclosing specifics about location, property values, offering price, negotiations, counteroffers, contingencies, financing, and the entire closing process.
Q:What if I have few more questions?
A: We can give you more details and answer all of your questions. Please jot them down, and we’ll go over them when you’re ready.