When a potential buyer contacts a real estate office to preview a property, the real estate agent is typically looking out for the seller's best interest. To ensure that the agent has YOUR best interest in mind, you need to be exclusively represented by a Buyer Agent.
A Buyer Agent is designed to exclusively represent the Buyer. Once a Buyer signs a Buyer Agency agreement, the Buyer Agent looks out for the Buyer's best interest. In that capacity, the Buyer Agent can discuss whether a home is priced reasonably, and can offer professional projections as to the future marketability and value of a home. The Agent can also negotiate the price and terms of the purchaser on the Buyer's behalf to save the Buyer money. There is no out-of-pocket expense for the Buyer because the Agent can get paid by the Seller.
When you are looking to make one of the biggest investments of your life, it's not hard to understand why it is important to be represented exclusively.
No comments:
Post a Comment