How is Buyer Agency created?
Buyers should engage a real estate broker as their agent. When Buyer Agency is created, the buyer becomes the client, and the real estate broker, the agent, can offer services they could not offer as a non-agent. Buyer Agency allows you to take advantage of our expertise throughout the process of finding your new home, determining its value, helping with financing terms, and consulting about negotiating strategies.
It's FREE to you, the Buyer!
How is the Buyer's Agent paid? From the listing broker's (the Seller's Agent) marketing fee, commonly called the commission. It has already been set aside from the seller's proceeds as a term of the listing agreement. The listing broker uses that fee to accomplish the sale of the property by sharing it with any agent who brings a successful buyer into the transaction. In other words, the buyer's agent is paid from the commission of the Listing Broker. It doesn't cost you, the buyer, a cent!
How does it help you, the Buyer?
Village Realty Inc. has specialized knowledge we can use to your advantage. On your behalf, we can:
- Help to determine how much property you can afford.
- Help you select the best properties from those available on the market.
- Determine appropriate values for individual properties.
- Show you how to structure an offer with your best interests in mind.
When you say Yes to Buyer Agency, you can feel free to confide in your broker. We become your employee. You can feel free to share your concerns and expectations about your anticipated property purchase. We can plan negotiation tactics without fear of compromise.