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Buyer Representation means that you, the buyer, have a licensed real estate agent working for you on the purchase of your new home or property. The best part is that in most cases the seller will pay the fee; therefore, there is no additional cost to the buyer.
There are basically two types of real estate agents:
These relationships are goverened by "The Laws of Agency". An Agency relationship is established whenever two persons agree that one is to act on behalf of the other and in accordance with the other's directions. When a client retains an attorney, an Agency relationship is established in the same manner as when a seller list a home with a real estate agent, or when a buyer asks a real estate agent to be their representative. Establishment of an Agency relationship carries with it several important duties that the person doing the representing owes to the person being represented. These important duties are: loyalty, confidentiality, obedience, discloser, reasonable care and diligence, and accountablility. The importance of all this to the buyer is that traditional agents owe these duties to the seller, while buyers' agents owes these duties to you, the buyer.
In the event you become interested in one of my listings, or one of our brokerages listings I will work with you as a Limited Dual Agent. This agency provides the above-mentioned duties to both the seller and the buyer. Under either agency my services to you are FREE.