Real estate brokers and buyers

Services provided to buyers

Buyers as clients

Buyers as clients With the increase in the practice of buyer brokerage in the US, especially since the late 1990s in most states, agents (acting under their brokers) have been able to represent buyers in the transaction of for sale by owner with a written "Buyer Agency Agreement" not unlike the "Listing Agreement" for sellers. In this case, buyers are clients of the brokerage and sell your home without an agent can be made possible.

There are brokerages who represent buyers only and they are known as Exclusive Buyer Agents. The main advantages of obtaining the service of an Exclusive Buyer Agent is that they avoid conflicts of interest by working in the best interests of the buyer and not the seller, avoid homes and neighborhoods likely to fare poorly in the marketplace, ensure the buyer does not unknowingly overpay for a property, fully informs the buyer of adverse conditions, encourages the buyer to make offers based on true value instead of list price which can sometimes be overstated, and works to save the buyer money.

A real estate brokerage attempts to do the following for the buyers to buy a house fast of real estate only when they represent the buyers with some form of written buyer-brokerage agreement:

At first, find real estate in accordance with the buyer’s need, specifications, and cost. Takes buyers to and take them to show the properties available for sale. When deemed appropriate, pre-screens buyers to ensure they are financially qualified to buy the properties shown.

Negotiates price and terms on behalf of the buyers and prepares standard real estate purchase contract by filling in the blanks in the contract form. The buyer's agent acts as a fiduciary for the buyer.

Due to the importance of the role of representing buyers interest, many brokers seeks to play the role of client advocate are now seeking out the services of Certified Mortgage Planners, industry experts that work in concert with Certified Financial Planners to align consumers' home finance positions with their larger financial portfolio.