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Unlike a listing agent focused on one home, a buyer’s agent can search the entire MLS database and even find off-market properties. The Risks of Working with a Listing Agent (Dual Agency)
Works exclusively for the seller. Their primary goal is to market the property and secure the highest possible price and most favorable terms for their client.
When one agent represents both parties, it is called . This scenario creates several potential pitfalls: The pros and cons of using buyer's agents - Loan Market
They handle tough discussions regarding repairs, price reductions, and contract contingencies.
To make an informed decision, it is essential to distinguish between the two types of agents:
Represents the purchaser. Their legal obligation is to protect your interests, find suitable properties, and negotiate for the lowest possible price. The Case for Using a Buyer’s Agent
For most buyers, having dedicated representation is the safer and more effective choice:
A buyer's agent owes you a "fiduciary duty," meaning they must prioritize your interests over their own or the seller's.
Unlike a listing agent focused on one home, a buyer’s agent can search the entire MLS database and even find off-market properties. The Risks of Working with a Listing Agent (Dual Agency)
Works exclusively for the seller. Their primary goal is to market the property and secure the highest possible price and most favorable terms for their client.
When one agent represents both parties, it is called . This scenario creates several potential pitfalls: The pros and cons of using buyer's agents - Loan Market
They handle tough discussions regarding repairs, price reductions, and contract contingencies.
To make an informed decision, it is essential to distinguish between the two types of agents:
Represents the purchaser. Their legal obligation is to protect your interests, find suitable properties, and negotiate for the lowest possible price. The Case for Using a Buyer’s Agent
For most buyers, having dedicated representation is the safer and more effective choice:
A buyer's agent owes you a "fiduciary duty," meaning they must prioritize your interests over their own or the seller's.
