Frquently Asked Questions about Buying Real Estate
What is a Buyer's Agent?
A buyer's agent is a real estate agent who has a contractual agreement to represent the buyer
in a real estate transaction.
How much does it cost me to hire a Buyer's Agent?
Typically, nothing for the buyer. A buyer's agent is usually paid a commission from the seller
of the property, rather than being paid by the buyer.
What is a Buyer's Agency Contract?
The Buyer's Agency contract is the agreement between you and your buyers agent that
makes clear the relationship. It binds the agent to make sure he works for your best
interest in negotiating the best possible price and terms for the property you eventually
purchase. It also provides proof of your relationship that helps assure that your buyer's
agent can collect a fee from the seller when you close on your property.
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