What is a Buyer's Agent? The Benefits of Having One in Real Estate

What is a Buyer's Agent?

Simply, this is a real estate agent who represents the person on the buying side of a real estate
transaction: the buyer. The agent on the selling side of the transaction representing the seller is
often referred to as the listing agent. They are there to serve the seller, which means that they
will be interacting with a lot of different buyers.

However, if you’re the one looking for a home, then having a buyer’s agent working for you is
probably the best move that you can make. At first, you may wonder if it’s necessary to have
one in the first place, but there are a lot of benefits that come from this relationship.

One thing to keep in mind, however, is that you have to have an agency agreement to get the
best services. While you could work with an agent without an agreement, a lack of guarantees
on both of your parts could lead to a lackluster process, which could affect your ability to close.

Overall, it’s much better to enter into an agency agreement with your buyer’s agent if you want
to proceed. Not only will this ensure that you get the best service, but it offers written protections
and guarantees that will come in handy during the buying process.  

Read more in "Your Guide To A Buyers Agent".