Buyer Agency Agreement

Some buyers may not be interested in signing a buyer's agency agreement because they think they can get a better deal if they go directly to the listing agent. This is a strange misconception because the listing agents primary responsibility is to their vendor. Any information that is disclosed to the listing agent by a prospective buyer will be communicated to the seller! This hardly puts the buyer in a strong position to negotiate. The flip side is that if a buyer does get one signed (not all agents want to be obligated to a buyer) the agent is obligated to bring to the buyer's attention everything on the market that meets the buyer's criteria. This could even include inventory homes from builders or private sales. Buyers need to keep in mind that finding the right home is a very time consuming process, one that can be greatly reduced if you do work with an agent and show some committment by signing a buyer agency agreement.

There are no comments

Thank you! Your comment has been submitted and is awaiting approval.

Leslie Weir

Leslie Weir

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
Contact Me

Tags