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A Buyer’s Agent offers more Time & Money Savings Home Buyer Benefits than a Listing Agent. Working as your Real Estate Advocate and dedicated to helping Home Buyers get the best price and terms. Plus, there are a growing number that also provide Buyer Agent Commission Splits to make buying even less costly.
An Agent Commission Split, aka, a Home Buyer Rebates is a Unique Sales Proposition now legal in 40-states. You can Buyer Agents offering this significant savings at The Real Estate Savings Center.
Additional Home Buyer Services: Compared to Listing Agents, a Good Buyer’s Agent can typically save home buyers an additional 3% in a transaction. Listing Agents represent the best interest of the seller. Plus some of the Buyer’s Agent and Buyer Brokers will provide a Real Estate Rebates Rebates. Also known as Agent Commission Splits, Home Buyer Rebates are typically Credits at Closing. They can be used to offset Closing costs to make buying a home more affordable. You should be able to locate a top Buyer’s Agent at The Real Estate Savings Center.
According a number of Independent Surveys, a Buyers Agent or Buyer’s Broker can typically save you about 3% more than the Listing Agent. However, you should keep in mind, not all Buyer Agents or Buyer Brokers are the same:
Self-Proclaimed Buyer Agents – Basically real estate agents 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. If a Buyer’s Agent work for a company with a lot of listings, the bigger the chance they will be compromised. The more listings a buyer’s agent 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 Accredited 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 for Buyers in education. They are well prepared to represent the buyer’s best interests throughout the 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. There is also the Certified Buyer Representatives (CBR) designation indicating these Realtors have dedicated themselves to buyer representation.
Exclusive Buyer’s Agent – Unlike the Buyer Agents and Buyer Brokers noted above, Exclusive Buyers Agents never represents Sellers. They never list properties for sale. Be aware that some Agents may call themselves an “Exclusive Buyers Agent” but works at a Brokerage lists properties. They are Exclusive Buyer Agents if they work for a company with Listings for sale. 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? Because a Buyers Broker offers you a much more secure and cost-effective way to buy real estate. A Buyer’s Broker is typically paid their commission through the sellers offer in the Realtors MLS system. Even so they will put in writing that they will protect your best interests and no practice “Dual Agency”.
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.