Buyer Agency
Is it for you?
As part of a mutual agreement, you can elect to create a buyer agency relationship between us which will entitle you to the fiduciary client level services which include:
Loyalty - The real estate agent must act in the best interest of the buyer.
Obedience - Must follow the lawful instructions.
Disclosure - Must disclose all material facts.
Confidentiality - Any discussions, facts, information that should not be revealed to others but does not include responsibility of fairness and honestly in dealings with all parties.
Accounting in dealings - Reporting of where any money placed in the hands of the broker in kept.
Reasonable Skill and Care - Arriving at a reasonable purchase price and advising a buyer of such. Affirmatively discovering material facts and disclosing them to the buyer. Investigating the material facts related to the sale.
As buyer's agents, we will represent you and your interests in the purchase of your home. This is different from a typical sub-agency transaction where the buyer is not technically represented.
However, the selling agent has the duty to exercise reasonable skill and care in the performance of the Broker's duties. This is a duty of honest and fair dealing and a duty to disclose all facts known to the broker which materially and adversely affect the consideration to be paid for the property.
Agency is a legal relationship and a written agreement should be completed to explain all the duties and responsibilities.