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What is a Buyer Agent?

A buyer agent is a representative working solely for the buyer in a residential real estate transaction. The traditional definition and rules of buyer agent have blurred quite a bit over time as many national, real estate organizations have attempted to change the definition of a buyer agent. In short, buyer agents are now defined as those who agree to buy the property that is being sold in a sale that is being run on behalf of a buyer. This definition was created so that the buyer could make an offer and enter into an agreement with the seller to purchase the property. In order to enter into this agreement with a buyer agent was needed. The buyer agent was someone who was acting as an intermediary between the buyer and the seller and was paid by the seller in order to get the property handled.

Buyer agent – A┬áresidential real estate transaction

Nowadays there are many different types of buyer agents out there and each one represents a different type of buyer who is interested in purchasing a home or commercial property. There are brokers, salespeople, and even individual sellers who are using buyer agents in order to find qualified buyers to purchase their homes or properties. However, all of these different kinds of people have one thing in common. They are looking for qualified buyers who will spend the necessary time and effort that is needed to make sure that they are getting a good deal on their home. Brokers, salespeople, and even individual sellers are all looking to find someone who has the appropriate experience to help them complete the buying process.

 

So what is a buyer agent? A buyer agent can be a great person to work with when it comes to the buying process. These agents work for both the buyer and the seller and they will put all of the buyers interests first in all matters regarding the buying process. These agents will work very closely with all of the different buyers in order to find the best deals that are available for the buyers and will do everything in their power to ensure that every buyer gets to enjoy a good experience when it comes to their home shopping.