What's the difference between a Buyer's Agent and a Seller's Agent?In today’s evolving and technical market the true representation of a client has come under the microscope. If a Buyer comes across a For-Sale Sign and contacts the Listing Agent, the Buyer is actually contacting the exclusive agent for the Seller. At that point the Buyer is allowing the Seller’s Agent to handle the transaction and any negotiations even though the agent’s first loyalty is to the Seller. Discussions with that agent must be conveyed to the Seller and you loose the potential benefits of having exclusive Buyer’s Representation.In residential real estate, the Seller will pay the brokerage fees which are usually then split in half between the buying and selling agent. Having an exclusive Buyer’s agent does not mean you have to pay for the fees because you are technically paying the fee in the price of the home anyway. Having an exclusive Buyer’s Agent will allow for your conversations and personal information to be kept confidential and to use any obvious leverage there may be to negotiate more favorable terms and or price. A good Buyer’s Agent always looks for opportunities that further benefit the Buyer's position. Sometimes it is price and repairs, sometimes it is terms and timing, sometimes it can be inexperienced representation for the Seller. To learn more about what pinalcountyagents.com can do for you to make the most of your buying experience in Arizona, call us today for a no cost consultation. |