It is important to understand the forms of agency available to you. As you acquire information it is important to understand the source of that information and how different relationships may affect the level and type presented to you. The service a BUYER may receive from a real estate agent will often vary depending on the agency relationship. A Buyer's Agent will supply a buyer with not only all MLS properties but also FSBO's, foreclosure, auction and builder offerings.
Protect yourself by entering into a written Agency Agreement. The agreement will include the beginning and ending dates, fee structure and payment method, and the responsibilities of both parties.
I will pledge absolute confidentiality to a BUYER when representing him/her. This is very important throughout the transaction.
As a buyers agent, I am permitted to counsel the Buyer regarding his/her financial qualifications and assist the BUYER in finding and working with mortgage lenders.
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