Buyer Agents - Buyer's Broker

"The Seller will be represented...will you?"™

Up until the early 1990's, real estate agents represented the seller. Even if a buyer was "working" with an agent, that agent actually had their duties to the seller of the home. At that time, the high majority of buyers thought they had been represented by the agent they were working with. Not so.

A real estate broker doesn't work for you, but for the seller. If you want someone on your side, get a Buyer's Broker. - READER'S DIGEST

Get a Broker on your side. Using a Buyer's Broker, who has your best interests in mind, may help you shave thousands off a home's purchase price, mortgage or various other costs, and there is no fee to the consumer. - WOMAN'S DAY

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 negotiating the lowest possible price. The best buyer brokers are so-called exclusive agents - that is, they represent only buyers, never sellers. - MONEY MAGAZINE

A recent survey by the National Association of Realtors of home purchasers who bought a home in the last five years stated that 85% would use a Buyer's Agent on their next purchase. It makes sense that a homebuyer would want professional representation and guidance on such an important buying decision. 

Hire a Buyer's Broker. When in the Market for a home, the best defense is a strong offense. Using a Buyer's Broker should save money. - WORTH MAGAZINE

Buyers average a 5% savings when represented by a Buyer's Broker, rather than a sales agent. - MONEY MAGAZINE

A Buyer's Agent, also known as a Buyer's Broker, owes the client specific responsibilities and fiduciary duties which are required by Florida law. These duties are honest and fair dealing, loyalty, confidentiality, obedience, full disclosure of information, accounting of funds, diligence, presenting all offers in a timely manner, and disclosing all known facts that materially affect the value of a property and are not readily observable. These duties are above and beyond a "neutral" transaction real estate agent. Only a Buyer's Agent is bound by law to represent your best interests, provide you as much information as possible, and negotiate on your behalf.

You'll get the surest representation from a single-agency Broker or an Exclusive Buyer's Broker. - KIPLINGER'S PERSONAL FINANCE

A Buyer's Broker can also show "for sale by owner" homes and even chase after homes that are not openly for sale. By contrast, seller's brokers will normally limit to their own listings plus properties listed with neighboring brokers. - THE NEW YORK TIMES

In a new home community, the salesperson is usually an employee of the builder or a large corporation. They owe you absolutely no fiduciary duty. A Buyer's Broker has no allegiance to any new community or development and can provide you with unbiased information.

Buyer's Agents can, however, be hard to find. For instance, if you walk into a real estate office and say, "I want a real estate agent on my side," and some agent gives you a big smile and says, "I'll guarantee that I'll be fair and honest with you," you have NOT found a Buyer's Broker. - THE ATLANTA JOURNAL AND CONSTITUTION

The surge of interest in Buyer's Brokers results in part from a campaign by officials in some states, to insure that buyers more clearly understand that a traditional (seller's) broker does not represent their interests, even though it may often appear that way. - THE NEW YORK TIMES

Only by using an exclusive buyer agent can a buyer be sure all information is kept confidential. Only an exclusive buyer agent can give the buyer an objective, experienced opinion of the homes viewed to ensure the buyer gets the right home, in the right location, at the right price. - SMART MONEY

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