What Is Buyer Representation?
In the past, the general rule was Buyer Beware. However, today, many states have instituted Buyer Representation. As a buyer, you have a licensed real estate agent working on your behalf. Unlike the listing agent, who represents the seller, your buyer representative is strictly accountable to you and bound to provide confidentiality and loyalty, reasonable care and diligence on your behalf. Your representative is there to help you find and negotiate the best possible purchase. They also can provide you with information regarding home inspectors and mortgage companies and oversee any problems that may arise prior to closing.
