A buyer who goes directly to the listing agent and allows that agent to “manage” both sides of the transaction is dealing with an agent who has conflicting responsibilities. Their job is to get a good price for the seller, and they might not ambitiously represent the buyer’s interests. Those who market themselves as buyer’s agents indicate they’re only working for the buyer in a real estate transaction. The buyer’s agent's commission was traditionally paid by the seller. They either were paid directly by the seller or the transaction was set up so that the seller provides a “credit” to the buyer for how much the real estate commission is — then the buyer pays the commission. However, evolving regulations mean that buyers may now directly pay their agents, and the traditional practice of commission splits may evolve alongside other compensation structures. The intricacies of changing regulations are just one of the many reasons buyers can benefit from having an agent dedicated to their interests alone.
MORE ACCESS TO THE REAL ES O THE REAL ESTATE MARKE TE MARKET
A real estate agent will have better access to the market and a special knowledge of local conditions. The agent is a full-time liaison between sellers and buyers. An agent will have ready access to other properties listed by other agents. Buyers’ and sellers’ agents know how to put a real estate deal together. A real estate agent will track down homes that meet your criteria, contact sellers’ agents, and secure appointments for viewing the homes. On their own, buyers have a more difficult time with these things. This is even more so the case when a buyer is moving due to relocation or employment opportunity and does not engage a buyer’s agent to handle matters.
NEGOTIATING IS HARDER ON YOUR OWN
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