BUYER'S AGENT: WORKING FOR YOU!

DID YOU KNOW???

Unless the buyer specifically signs a Buyer Agency Disclosure form, all REALTORS showing a particular property represent the seller, either as the listing agent or as a sub-agent (such as when you attend an open house).

Since this is the case, the listing agent and the sub-agent's responsibilities include:

• Getting the highest possible price for the seller
• Getting the best terms for the seller

The buyer has absolutely no representation in this situation.

These Seller's Agents cannot:

• Advise what you should offer on a property
• Offer opinions on the value of any improvements
• Offer an opinion on the condition of the property
• Inform you of any information they may have about the seller's urgency to sell, or any other information about the seller that could influence the sale in your favor

On the other hand, the listing or sub-agent may report back to the seller with any information that you reveal concerning:

• Your finances
• Your willingness to go higher on an offer you made
• How motivated you are to buy a property

To protect yourself in a real estate transaction, you will require a "Buyer's Agent". A real estate agent who represents only the buyer is called a "Buyer's Agent".

In order to create an Agency Relationship, the buyer and the REALTOR enter into an agreement by signing a contract where the agent has exclusive rights for finding, negotiating, and purchasing property satisfactory to the buyer.

The advantage that signing a contract has is that the agent may put all his or her efforts into finding you the property you are looking for, because you have a contract stating that you must purchase a property through this agent.

I do not normally represent buyers in this capacity. I believe if a buyer is not happy with my service, then he/she has the right to go to someone else. This assures that I will provide you with the best possible service.

Once we enter into this relationship, I have a fiduciary relationship with you and, as such, I owe you the obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care.

I commit myself to:

• Work in your best interest
• Give opinions on the value of the property
• Reveal all information about the seller including motivation and whether the seller will take offers below the asking price
• Negotiate the best price and terms for YOU
• Present your offer personally to the seller
• I will keep you updated on all homes that meet your requirements and maintain contact with you through all steps of the home-buying process.

Because I work as a Buyer's Agent, I can show you any property on the market - no matter what real estate company has it listed.

For more information on obtaining my services as your Buyer's Agent, please contact me at (519) 661-0380 or through the contact form.