Exclusive Buyer

agent (whereas seller’s agents, or listing agents, help people sell their homes). All “listing agents” represent sellers, but agents who don’t have what’s called buyer-agency agreements with potential buyers are technically working on behalf of the seller, even if they’re showing homes to those potential buyers. They must work to negotiate the best possible price for the seller. Buyer’s agents work on commission, as detailed in their contracts and the listing agreement. When a buyer’s agent brings the buyer along, the listing agent must split the contracted commission with the buyer’s agent. ADVANTAGES AND BENEFITS OF USING AN AGENT Below is a short list of advantages of using a buyer’s agent:

; ; Education and experience ; ; Neighborhood knowledge ; ; Market conditions knowledge ; ; Price guidance ; ; Acting as buffers ; ; Professional networking ; ; Negotiation skills ; ; Handling paperwork ; ; Answering questions after closing ; ; Developing relationships for future business

While this represents a basic list of the benefits of hiring a professional real estate agent, let’s dig a little deeper into some of the major benefits of retaining the services of an agent.