Buyers Agents
Buyers Agents: are advocates of the buyer, whereas, listing and selling agents represent the seller. The Buyers Agent is duty bound to put the interests of the buyer first and to negotiate for the buyer for better terms and a lower price. Notice in the below explanations, the conflict of interest and difference between a buyers agent and a sellers agent:
Sellers Agent: Usually the seller pays the sales commission because the broker is most often an agent of the seller. Through a listing agreement, the seller agrees to paying a specified commission. The broker becomes the owner's representative. The broker now is obligated to get the highest price possible for their client, the seller. A sellers agent has loyalty is to the seller.
- will forward confidential information from the buyer to the seller.
- will slant information in favor of the seller.
- will specifically protect the sellers interest and negotiate the most favorable terms and price for the seller..
The agent that lists the house will "help" buyers some of the time. The sellers agent is duty bound to get the highest possible price and best terms for the seller. "A buyer who relies on the seller's agent or on dual agency does not receive the same degree of legal protections as that afforded by an agent acting solely on behalf of the buyer." - Oklahoma Supreme Court, SNIDER v. OKLAHOMA REAL ESTATE COMMISSION, June 1, 1999.
Buyers Agent or Exclusive Buyers Agent: A real estate buyers agent represents the consumer who is looking to purchasing a property. The buyers agent works exclusively for the client and has the clients best interest in mind throughout the process. A buyers agent is obligated to get the lowest price possible for their client, the buyer. The buyers agent should:
- show you all the homes on the market that meet your needs, including "for sale by owner" listings.
- guarantee that information between you and the agent be kept confidential.
- keep you fully informed pointing out all the negative aspects as well as the positive aspects of each property.
- provide information on comparable sales and help you formulate an offering price as well as help with your negotiating strategy.
- have home inspectors, insurance agents, lenders and other professionals they can recommend.
According to the National Association of Realtors, when a buyers agent is used, prospective buyers found homes one week faster and examined 3 more properties than those of buyers not using a buyers agent. You will benefit by using Danielle’s knowledge of Pinellas County Real Estate and you will enjoy receiving advice about communities, products and services. Danielle will take you from contract to closing with the least amount of hassle. She demonstrates the professionalism and level of personal attention you deserve. She has a daily experiences in the real estate market.
Buying a home in Pinellas County can be easy, just call Danielle Kelley
Your Realtor For Life ! REMAX Metro 727-459-9178 | 