Buyers Consultant
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What is Buyer’s Consultant and how did it develop?
A Federal Trade Commission study revealed that over 72% of all home buyers nationwide mistakenly believed they were being represented by the agent who was showing them homes. As a result, laws requiring agents to disclose exactly who they represent have been passed all over the country. When consumers became aware that most agents worked for the seller, they began demanding their own representation. In response, I offer exclusive buyer representation to home buyers.
How is a Buyer’s Consultant paid for its services?
My fee comes from the proceeds of the transaction; THERE IS NO COST FOR MY SERVICES.
Does the legal responsibility that accompanies this type of contractual relationship really matter to me?
Absolutely. If you had to go to court, would you use the same attorney the opposing side was using? Responsibility and accountability to a client are two legal requirements of agency representation. By law, real estate licensees who act as seller's agents must negotiate in the best interest of their clients (the sellers), not withholding information from them, and must present their property only in a favorable manner. Exclusive buyer's agents negotiate in the best interests of the buyer, do not disclose confidential information about the buyer, and reveal all facts affecting the value of properties to the buyer.
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