| Types
of Agency.
Dual Agency, Seller's Agency, Buyer's Agency...? Start here to
cut through it all!
Types
of Agency |
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The Buyer's Agent
Find out more about an agent who represents you, the buyer--not
the seller! With a buyer's agent you get:
- Give you 100% loyalty 100% of the time
- Your best interests before all others including my own
- Help you avoid costly mistakes
- Make every effort to save you time and money
- Maintain strict confidentiality
The Buyer's Agent
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Bill Sidner Tidbit: |
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Contact Bill: |
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I believe that Buyer's Agents are the "True" Buyer's Agents…those
who take buyer representation seriously. As an Buyer's Agent,
I continually seek out information and attend training seminars
on Buyer representation.
Many agents today are casual about Buyer agency and, in essence,
could be considered "casual buyer's agents." While they don't
conduct themselves "unprofessionally," they don't really get it
when it comes to true representation of Buyer clients. Many agents
get their ABR or CBR designations and use these designations along
with the "concept" of Buyer agency as a means to sell more homes.
"True" Buyer representation takes much more!
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The proper mindset; a true Buyer's Agent helps
people buy homes and acts as a consultant, advisor, counselor,
and advocate. A true Buyer's Agent doesn't "sell"
homes or act like a "salesperson."
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Different terminology; "buying"
not "selling," "procuring homes for buyers"
not "procuring buyers for sellers," "viewing
homes" not "showing homes."
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Greater responsibility and liability; a true
Buyer's Agent takes on considerably more responsibility and
liability than an agent listing a property…the buck
stops with the true Buyer's Agent!
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Due diligence; a true professional Buyer's
Agent recognizes his or her obligation to perform due diligence.
A casual Buyer's Agent frequently has no idea what due diligence
is, or how ignoring due diligence can immeasurably hurt Buyers.
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Agency; a true Buyer's Agent takes very seriously
the agency and fiduciary duties that are required by the common
law of agency.
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Conflicts of interest; a true Buyer's Agent
understands this concept. When faced with a conflict of interest,
a true Buyer's Agent will tell you immediately and should
refer you to someone else to eliminate the conflict and ensure
that you continue to receive proper representation. That is
the true nature of a "True" Buyer's Agent.
When you combine the full service and representation that an
Buyer's Agent can offer, with the mindset and commitment of a
"True" Buyer's Agent, …Bingo! That is the agent you want to hire!
As your Buyer's Agent, I can offer you the following:
- Give you 100% loyalty 100% of the time
- Put your best interests before all others including my own
- Have the endorsement of consumer advocates and the media
- Help you avoid costly mistakes
- Make every effort to save you time and money
- Maintain strict confidentiality
When Searching for a New Home or Land
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Show you properties listed in the Multiple
Listing Service, Expired Listings, For Sale By Owners, and
even those not currently on the market
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Tell you when a property is over-priced
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Look for reasons not to buy a property
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Perform a Comparative Market Analysis (CMA)
on property that you wish to consider buying
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Investigate the property, neighborhood, and
the Seller's motive for sale
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Ask the Seller, or Seller's Agent, key questions
that they must answer if asked
When Negotiating the Offer
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Ensure that proper legal protection is provided
to you in the written Purchase & Sale Contract
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Negotiate the lowest possible price for you
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Adjust or modify "standard" clauses
in contract forms to favor you
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Validate listing information at town offices
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Relay to you any information that will enhance
your bargaining position
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Advise you when to cancel the contract on
a property and help you do it without loss
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Recommend competent, honest and professional
service providers, i.e., attorney, mortgage lender, home inspection
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inspector, surveyor, accountant, etc.
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Help you renegotiate the contract after the
home inspection, if appropriate
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Accompany and advise you during the final
walk through
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Promote and protect your best interests among
needed professionals - 100% of the time
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Accompany you to closing and review the HUD
Settlement Statement for accuracy
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Monitor the closing on your behalf
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Help you with concerns after closing.
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