What is a
Buyer's Agent?
The
word fiduciary well describes the role a Buyer's Agent has relative to the buyer. The
Buyer's Agent represents the buyer who is purchasing the property in the real estate
transaction. This agent owes full fiduciary responsibilities, duties, and loyalty to the
buyer. The Buyer's Agent works for the buyer and has the buyer's best interests in mind
throughout the entire transaction process.
Choosing an agent to represent you in a real estate
transaction is an important decision. It is a good idea to interview several agents before
making your selection. When selecting a real estate agent, keep in mind the following
criteria:
- Service -- The buyer's agent should be willing to go the extra
mile to support the buyer in finding the right home and throughout the transaction
process.
- Experience -- A buyer's agent should keep up to date on all
aspects of the real estate market and make it a point to know what is going on in the
area.
- Reputation -- Always choose an agent that has built up a
reputation in the area as someone who is dependable, committed and honest.
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