Buyers Agency: When You Want the Best! Up until January 1, 1995 real estate agents usually
represented the seller. Meaning, the legal and fiduciary obligation was given to the
seller. The seller, in many transactions, was the only party to actually hire a real
estate agent under contract. When buyers made an offer to purchase a home, the agent
would always disclose in the offer that they were working on for the seller.
Can you believe it? Now buyers hire a real estate agent to represent their interests in
their home purchase - at no additional costs!
Under the "Purchaser's Agency Agreement" the agent agrees to:
Represent you and your interests
Bring all relevant properties to your attention
Disclose anything to you that may effect your desire to purchase or your ability to negotiate fairly
Negotiate the best offer for you
Represent you and your interests right up to the day of closing
As a buyer, you agree to:
Work exclusively with the agent you hired
Bring any homes you are interested in to the attention of your agent
Disclose anything that may effect your ability to close a transaction
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