I f I buy – do I need a Buyer Representative?
Yes, it is in your best interest to have one.
It is important that you understand who the Real Estate Representative is working for.
- both the seller and the buyer may have their own agent who is representing them. Some buyers choose to contact the seller’s agent directly. Under this arrangement, the agent is representing the seller, and must do what is best for the seller. It provides customer service for the buyer, supplying him/her with valuable information and helping him/her to make an informed decision.
-if the buyer has his/hers own buyer agent, the agent is 100% loyal to the buyer and must do what is best for the buyer.
2. Can a Buyer Representative show me all the properties that I’m interested in?
Yes, a Buyer Representative can show you all the properties listed on Multiple Listing Service (MLS) plus For Sale By Owner (FSBO) properties. And also, if you want to build your own house, a Buyer Representative can show you the builder’s model homes so you can choose your own, or even properties not listed.
3. Can a Buyer Representative disclose more information about the property?
Yes, the Buyer Representative can disclose any negative aspects known about the property that you are contemplating to purchase.
4. Can a Buyer Representative make decision for me?
No, a Buyer Representative will provide you with all the information you need about buying a house: location, property value, offering price, financing, negotiations, counteroffer, closing costs and closing process, in order for you to make an informed decision. But the final decision is yours.