Jun 1 2016 22045 1

Dated: 06/01/2016

Views: 184


Image title

Home buyers should always have their own agent. Buyer agents work to negotiate the best terms and price for the buyer. Best of all, the buyer agent’s services are free to the buyer.

Most people think they have to pay a sales commission. The truth is this: only the seller pays the commission.

Whether a buyer uses an agent or not, the seller still pays the commission. The only person that wins when buyers are not represented is the listing agent.

Most buyer agents will have their clients sign an agency agreement, an Exclusive Buyer Agency Agreement. It outlines their services, how they are compensated, and how the two parties will work together.

To ensure you’re working with an agent who specializes in representing buyers, seek out an Accredited Buyer Representative (ABR).

Remember, you wouldn’t hire your spouse’s attorney to represent you in your divorce. The same goes for real estate. Why use the seller’s agent to negotiate your best interest? There is an inherent conflict of interest.

The home buying process is stressful enough without worrying about who you can and cannot trust. Your buyer’s agent is your trusted advocate.

Blog author image

Tricia Glover

As an agent who's an expert in this local area, I bring wealth of knowledge and expertise about buying and selling real estate in the Northern Virginia Area. It's not the same everywhere, so you need....

Latest Blog Posts

What Will The Impact Be

History shows that a cautious pace in the housing market during the fall of a Presidential election year is only temporary. Sales are generally deferred into the following calendar year, not lost

Read More

Get Pre Approval First

Getting pre-approved doesn’t just give you an idea of how much house you can afford, it also lets sellers know you’re a serious buyer. With more houses receiving multiple offers, a pre-approval

Read More

PUMPKIN RAVIOLI WITH SAGE BUTTER SAUCE

INGREDIENTS 1 lb fresh pumpkin ravioli 1⁄2 cup unsalted butter 6 fresh sage leaves or 3/4 teaspoon ground sage 1⁄4 teaspoon nutmeg, freshly

Read More

Millennials Are Driving The Current Housing Boom

Since the lifting of stay-at-home orders and other COVID-related restrictions, the housing market has been experiencing an unprecedented resurgence. And the buyers who are driving that resurgence?

Read More