Buyer's Agent
A real estate agent who is employed by and represents only the buyer is a buyer's agent. The agreement between the buyer and the buyer's agent is a contract between them and typically spells out the agent's duties and how the agent will be paid. The buyer's agent may be paid by the seller through a commission by the buyer or by some other mutually agreed-upon formula. Some buyer's agent may also (or instead) charge the buyer a retainer or hourly fee for services. In addition to helping the buyer with the home-finding process, the responsibilities of a buyer's agent - unlike those of the seller's agent - include representing the buyer's interest throughout, and working to negotiate the best price and terms for the buyer.

These agents work ONLY for the buyer. Exclusive Buyer's Agents are bound by a strict standard of practice and code of ethics. These agents will negotiate the best price and best terms for their client, the buyer. They will also advise buyers why they should not buy a property and when to walk away.

In-Company Situation
An "in-company situation" occurs when the potential buyer is working with an associate from the same real estate company that listed the home for sale. State statutes and common law determine how an "in-company situation" is handled. And should this situation arise, we would welcome the opportunity to explain your options.

In the past, real estate agents served primarily the home seller, acting as a subagent of the listing broker while working with the buyer to help the buyer find a home. This meant that the agent was legally bound to obtain the best terms and price for the seller.

But nowadays, people out shopping for a home can use the services of a Buyer Representative. Simply stated, a Buyer Representative is a real estate agent who represents the buyer, and only the buyer, in the purchase of a home.

At CENTURY 21 AA Realty, we believe that buyers need the personal representation of a buyer’s agent. In that way, you can be assured of receiving loyalty, confidence, and trust from their agent, as well as complete and accurate market data, confidentially, and full disclosure of the strengths and weaknesses of any property being considered for purchase. The only concern of your Buyer Representative is helping you find, purchase, and finance a home that is right for you, all the while protecting confidential information about you and your finances. Negotiating on your behalf and at your direction places you and your Buyer Representative in a powerful position while presenting your offer, and throughout the entire closing process.

What a Buyer Representative Does For You
• Provides all the information needed to help you make an educated decision.
• Uses unique CENTURY 21 technology tools to help you find the right location and home.
• Helps you evaluate specific properties.
• Helps you determine a fair market value.
• Works with you to develop negotiating strategies specific to the property and seller.
• Assists you in determining the most favorable price and terms to offer.
• Assists you in closing the transaction.

Talk to a CENTURY 21 AA Realty Buyer Representative. Click here.