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A Buyers Agent can typically save you about 3% more than the Listing Agent. See these Independent Surveys, on why it is smart to have a Buyer’s Agent working as your Real Estate Advocate. If a so-called “Buyers Agent” tells you there services are free, that is not accurate. The price you pay for the property you buy normally includes a built in commission fees for both agents. So there is no additional cost to have a Buyers Agent or Buyer’s Broker working as your Advocate.
At ABuyersAgent.com, our Realtors that provide you with an Agent Commission Split. Also known as a Real Estate Rebate or a Real Estate Stimulus, it means you keep more money at closing.
All of our Network Realtor have a minimum of 4-years of professional experience. They are Independent Realtors that utilize newer internet-based business models. You also will find them on The Real Estate Savings Center and/or Best Home Search.
Not all Buyer Agents or Buyer Brokers are the same:
Self-Proclaimed Buyer Agents – Basically any real estate agent can call themselves “a Buyers Agent”, but do they have Credentials?. Do they work for a real estate firm with a lot of Listings to sell. If so they also have an obligation to represent the seller of those listings. The more listings they have, the greater chance they will be put into a “Dual Agency” situation. Dual Agency means neither the Buyer or the Seller will get the 100% professional representation they deserve.
Certified and/or Accredited Buyer Representatives – The most popular real estate designation for a Buyers Agent is the Accreditied Buyer Representative or ABR. It is offered and promoted through the National Association of REALTORS®. The Realtors who have earned the ABR Designation have gone the extra mile in education. They are well prepared to represent your best interests throughout your real estate purchase transaction. Similarly, the ABRM designation stands for Accredited Buyer Representative Manager. It is normally held by real estate Brokers or company manager overseeing Agents. Also there are Certified Buyer Representatives (CBR) designation indicating Realtors have more fully dedicated themselves as a professional.
Exclusive Buyer’s Agent – Unlike the Buyer Agents and Buyer Brokers noted above, an Exclusive Buyers Agent never represents Sellers. They never list properties for sale. Be aware that some Agents may call themselves an “Exclusive Buyers Agent” but if their Brokerage lists properties for sale – they are not “exclusive”. Importantly, since true EBAs do not take listings, then they cannot help you if you need to also sell.
So, why do you need a Buyers Agent or a Buyer’s Broker or? Because a Buyers Broker offers you a much more secure and cost-effective way to buy real estate. A Buyer’s Broker can either work as your advocate personally or help you select an Accredited Buyer Representative in their Company that will. Either way, the Buyers Broker is responsible to help you save time and money throughout the entire real estate transaction.
How Much Does a Buyers Broker Cost? – As noted above there is no additional cost. The Buyer Agent Fee is typically included in the price you pay for the Real Estate. If you are looking for an advocate that can also help you keep more money in you pocket at closing – then ABuyersAgent.com is here to help.
If you are already under contract with another Realtor or Home Builder, please stay with them. This information about ABuyersAgent.com is not meant as a solicitation to get you to change agents of companies.
Perhaps you need to sell a property before buying another. We think you will find our sister site, ASellersAgent.com very helpful.