DO SMART HOME BUYERS NEED THEIR OWN BUYERS AGENTS?
As a prospective home buyer, you are probably wondering why some buyers hire their own agents. The key reason is a buyer’s agent who looks out for his or her client’s best interests will emphasize to the buyer the pros and cons of each residence inspected. But even the world’s greatest “dual agent” representing both buyer and seller is unlikely to highlight to the buyer the disadvantages of a home that said agent listed for sale. Any licensed real estate sales agent or broker can be an exclusive buyer’s agent in a transaction. Because most buyer’s agents also accept residence listings, if a buyer wants to purchase a listing of that agent then that agent couldn’t act as an exclusive buyer’s agent for that sale. WHO PAYS THE SALES COMMISSION DOES NOT DETERMINE AGENCY. In typical home-sale situations, the seller pays the sales commission to the listing agent. If there is a buyer’s agent representing the buyer, that buyer’s agent usually receives part of the listing commission when the sal
