1. Why do I need a buyer agent?
Simply put, there are no good reasons not to have a buyer agent represent you. You have to deal thorugh a agent anyway, why not make it one who is representing you?
A buyer's agent represents the buyer, not the seller, and looks out for your best interest. Buyer agents have a duty to get the best deal for the buyer client(s). On the other hand, the listing agent, represents the seller, not the buyer, and his or her loyalties are to the seller. They must tell the seller anything they know about you, and must not disclose anything to you (other than material latent defects) that could potentially decrease the chance of an offer, or affect getting the highest price possible and with the best terms.
A buyer agent earns the same seller-authorized commission split that is offered across the board to any agent who brings a buyer including the listing agent, so a buyers agent does not collect any fees from you, the homebuyer.
A buyer agent has no interest in any particular piece of property, so a buyer agent will provide you with objective advice with no exceptions. A buyer agent will spot potential problems with a home or any material defects. The seller's agent will not (and can not) point out defects in the home.
For years now the media and consumer advocates have encouraged home buyers to use an exclusive buyer agent / buyer broker.
2. How much does it cost for Buyers Representative services?
You will not pay us a penny for our buyer agent representation because we receive the same seller-paid commission any real estate agent receives.
3. If I decide to purchase a for sale by owner (FSBO) or New home, will you still represent me?
Yes. We will assist you in purchasing a home that is for sale by owner or builder owned. Contact us for more information.
4. Will there be a charge for the real estate services, if I decide to purchase a home from a for sale by owner (FSBO) or from a Builder? It depends. In many cases individuals selling their homes without a broker will offer a commission to buyer agents (brokers) for bringing a buyer to them. In the event that an owner will not offer a commission to a buyer agent, it is your choice whether you want to continue working with us and pay a buyer agent commission or whether you want to represent yourself. If you choose to represent yourself, you will not owe us any money.
5. Wouldn't I be better off working with multiple agents, all looking for a home for me?
Sounds good on paper, but.... Buyer’s can’t have it both ways. Your best bet is to go with one experienced and caring agent who knows the area. No experienced and successful agent will work their tail off for you, offer unbiased opinion and data analysis. (Although many inexperienced paycheck desperate agents will – Do you want to work with agents that are desperate for the paycheck?) That is up to the buyer, and if they see any value in their agent. Besides, we all pull from the same database of homes listed for sale through over 5,000 co-operating agent's brokerages.