What is a buyers agent?What does he or she do for a buyer and who usually pays this service?
On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer’s agent, because he or she works on behalf of the buyer. This is easier than explaining that the selling agent is not the listing agent but rather the buyer’s agent. There are some agents that call themselves buyer’s agents, exclusive buyer’s agents, or even buyer’s representatives. This is just marketing. However, part of the reason is because they want to accentuate the reasons a buyer should not go directly to the listing agent when they wish to purchase real estate. This has to do with agency. If a buyer goes directly to the listing agent they are dealing with an agent that has conflicting interests and responsibilities. Their job is to get the best price for the seller and they may not represent the best interests of the buyer. Buyer’s Agent indicates they are only working for the buyer in a real estate transaction. The commission is still paid by the
