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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