What advantage does a Buyer Representation Agreement have for a Buyer?

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	Did you know, that if you do not have a buyer representation agreement with a realtor, that your interests are not protected and the agent legally is working for the seller? Please have a look at the comparison below:
	Buyer Client			Buyer Customer
	Pay full attention to the buyer's needs			Maintain loyalty to the seller's needs
	Tell the buyer all that you learn about sellers			Tell the seller all that you learn about buyers
	Keep information about the buyer confidential			Keep information about the seller confidential
	Focus on expanding the range of choices to satisfy buyer's needs			Focus on the seller-client's property
	Find the best property for the buyer-client			Get the best offer for the seller-client
	Promote the buyer's search			Limit properties to listed properties only
	First opportunity to view new listings			View new listings after buyer-clients
	Make all properties available and viewable; the sale price is negotiable			Show only properties listed within buyer's affordability range.
	Okay to give advice facts			Just the facts
	Educate the buyer			Protect the seller
	Okay to compare competing properties			Cannot help the buyer compare competing properties
	Give advice with facts			Disclose only facts
	Negotiate on behalf of buyer-client			Negotiate on behalf of the seller-client
	Strengthen the buyer'-client's negotiating position			Strengthen the seller-client's negotiating position
	Share all information about seller			Share all information about the buyer
	Provide price counselling			Volunteer a CMA for the buyer only if it supports theseller-client's listing price
	Negotiate approved purchase contract to safeguard buyer-clients			Negotiate approved purchase contract protective clauses to safeguard the seller-client
	Suggest financing alternatives that may be in the buyer-client's best interest			Suggest buyer financing alternatives that benefit the seller's interests
	Continue services to buyer-client during negotiations			Continue services to seller-client during negotiations
	Attenpt to solve problems to the buyer-client's advantage and satisfaction			Attempt to solve problems to the seller-client's advantage and satisfaction

 

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