Buy
Traditionally, Realtors® have represented only Sellers in a real estate transaction. (Did you know that?!?) During the 1980s, states across the country directed that agents must disclose to the Buyers that they legally represent Sellers. Buyers began asking, “Who represents me?” The result was the birth of a new service within the real estate industry called Buyer Advocacy or Buyer Agency.
Think of it this way – The seller has a written contract protecting himself in the sale of his home; it is part of his listing agreement. As a buyer, you need and deserve the same protection. Show loyalty to your agent and become a registered Client. As an official Client your agent takes on legal responsibilties to you. In short they include:
- Maintaining the buyer’s confidentiality as to motives and price
- Promising to never enter into a conflict of interest
- Alway place the clients interests above all else
- Disclose all adverse facts to which the agent has actual knowledge
- Exercise reasonable care in providing service
- Provide services in honesty and good faith
- Obey all lawful instructions
- Be loyal to clients intetests
- Convey timely and accurate market conditions that may affect negotiations
- Schedule all requested showings
- Receive and negotiate all offers or counter-offers
- Answer all questions within the scope the agent’s expertise
- Advise as to procedures and steps needed to advance to a successful closing
The buying process can be complex and tricky. Remember, you are not alone. Thousands of people just like you buy homes across America everyday. Having real estate representation is the best way to ensure that you have all the information you need to move ahead with what will possibly be your largest investment.
Remember, there is never a fee for having an agent on your side. Our commissions are paid wholly by the seller.
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