What are the services of a buyer's agent?
When you first meet with an agent, you will talk about relationship options. Depending on your needs, you will review which alliance makes the most sense for you and you will sign a statement acknowledging your choice. This document is required by both the Kansas and Missouri Real Estate Commissions and is kept in our files for audit purposes.
A buyer benefits in several ways from representation. For buyers who don't know the market place, such as transferees and first-time purchasers, buyer agency can be extremely beneficial. It allows the agent to be the buyer's advocate.
Buyer Agency is a legal contract. Like any contract, if you have any legal concerns, you may want to seek legal counsel before entering into the agreement.
When you use the services of an agent in the capacity of a Buyer's Agent, the Buyers Agency Contract legally binds that agent to look out for your best interests during the real estate transaction, whereas traditional agency has always meant that all the agents (both the listing and selling agent) fiduciary relationship was with the seller.
Here are some of the services that a Buyer's Agent can offer to you exclusively:
Remember! With a buyer's agent, all personal and confidential information about you and/or conversations with you are not shared with the Seller. A Buyer's Agent is a professional who is there to work in your best interests.