Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is representation and why is it important?

April 26, 2017representation

0

Posted

What is representation and why is it important?

1 Answer

0

Posted

Representation refers to who is contractually permitted to participate as you negotiate to buy a new house. This is important because, if you do not engage an exclusive buyer agent early in the home-buying process, you risk inviting representation from agents who may not serve your best interests. If you are not represented by an exclusive buyer agent, you may be at a disadvantage in negotiations.