What Does A Real Estate Agent Do For A Buyer?

Question:     Do home buyers need the help of a Buyer Agent?

Answer:       You bet! 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.

 

Question: What does a real estate agent do for a buyer?

Answer: A Buyer Agent, or a real estate agent working for a buyer, works solely for the buyer and has no legal or other responsibilities to the seller. When working with a Buyer Agent, you have the advantage of personal representation, independent counseling, loyalty, confidentiality, and trust. On the other hand, while helping you present an offer and then negotiate and close a transaction, a general real estate agent has certain fiduciary responsibilities to the seller and agent of any property you choose.

Question: Can a Buyer Agent show us the same properties?

Answer: Yes, a Buyer Agent can show you every home listed in the REALTOR®’s Multiple Listing Service (MLS) and For Sale By Owner (FSBO) properties. Additionally, a Buyer Agent can show you builder models to select your own, brand-new properties and unlisted homes.

 

Question: Will a Buyer Agent disclose more information to us?

Answer: Yes indeed. Because a Buyer Agent’s fiduciary responsibility is to you, he or she can be more forthcoming with any negative aspects about properties that you are investigating for purchase.

 

Question: Does a Buyer Agent make decisions for us?

Answer: No. As your personal ally, advocating your best interests, a Buyer Agent 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. Armed with such vital and detailed information, you’ll be thoroughly prepared to make decisions that are right for you and your family.

Question: What about negotiating the details?

Answer: First, a Buyer Agent is fully qualified and highly skilled in the back-and-forth negotiations and financing queries that precede the closing of most real estate transactions. Second, a Buyer Agent is also experienced and committed to helping protect your best interests in the purchase. Representing you and supporting you: That’s a powerful combination!

Question: What did you mean by “confidentiality”?

Answer: Since a Buyer Agent is legally obligated to only you, he or she can help you maintain absolute privacy with regard to financial and personal information.  That’s another important benefit of working with a qualified Buyer Agent.