| How Much Does It Cost to Use
a Buyer Agent?
Since a buyer agent fee is usually built in to the purchase
price of a home and disbursed at closing, like any other real
estate fee, there is generally no additional cost to use a Buyer´s
Agent. As a matter of fact, if two real estate agents are involved
in your sale (co-broke) and you do not request that the agent
showing you the home represents you, you miss out on a valuable
opportunity. You can gain the advice and counsel of the agent
who would otherwise have to put the sellers interest first,
simply by choosing to work a Buyer´s Agent.
Studies show that professional Buyer Agents save buyers money
in terms of time and negotiating power. In addition, their up
front, intensive research helps to eliminate costly mistakes.
Many also arrange discounts on inspections and other real estate
services for their clients.
A Buyer Agent has an obligation to show you the entire inventory
including the MLS, for sale by owners, bank owned properties,
auctions and new construction. Professional buyer agents have
created a referral network of other real estate related experts
who support buyer representation. They include attorneys, mortgage
consultants, appraisers, engineers, architects, contractors,
and home inspectors. The job of a buyer agent is not to "sell"
but to serve the buyer with representation services. A buyer
agent helps consumers make informed decisions.
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