Why Home Buyer's Choose Buyer Agents?|
"Buyer Agent" can
Represent only the Home
Negotiate only on the Home Buyer's behalf.
Provide the true facts (good and bad) about:
A "Buyer Agent" CAN DO A BETTER JOB because:
"Buyer Agents" have a legal and ethical obligation to put the Home Buyer's interests first.
"Listing and Seller's Agents" (or agents for a Builder
or developer) cannot tell a Home Buyer things that would be detrimental for the Home
Buyer to know (they work for the
Seller or Builder).
"Buyer Agents" try to get their
"Seller's Agents" try to get their
A "Buyer Agent" OWES A HOME BUYER DUTIES of:
Reasonable Skill and Care - "Buyer Agents" are required to:
protect the Home
Buyer from foreseeable risks,
recommend their clients obtain expert advice when their needs are outside
the "Buyer Agent's" scope of expertise.
Undivided Loyalty - "Buyer Agents"
are prohibited from advancing any interests that are adverse to their
Obedience to Lawful Instructions - "Buyer Agents" are required to:
act subject to their Home Buyer's continuous control, and
obtain and follow all lawful instructions from their Home
Full Disclosure - "Buyer Agents" are required to disclose to their Home
Buyer all information concerning a house purchase which might affect their buyer's best interest. Unlike a "Seller's Agent", "Buyer Agents" must and do disclose:
what they know about the Sellerís own motivation for selling,
the price the Seller paid for the
deferred maintenance or defects in the
price comparables for similar
the listing history of the
potential problems in the neighborhood, etc.
"Buyer Agents" are TRAINED TO HELP
With finding and negotiating for the right real estate,
With the evaluation of financing alternatives,
With the choice of a qualified
With the choice of other professionals as needed.
"Buyer Agents" are
NOT TRAINED TO SELL