Standard Buyer Representation
>See the answer below...
When should a buyer NOT
Buyers know now it's to their advantage to have a REALTOR
represent them. By forming a brokerage relationship, usually
written, a REALTOR becomes their agent and owes them the duties
of a standard agent.
Generally, an agent can advise only one side of the transaction.
The agent for a buyer freely and fully advises only the buyer
about all aspects of the property and the transaction. The seller
is advised by his agent.
Sellers dealing with a buyer's agent should remember that
now the seller is the customer and the buyer is the client. In
many cases, the listing agent will share the commission with
the buyer's agent. That does not diminish the buyer representative's
obligation to the buyer.
All Realtors are obligated to treat all parties
honestly and to disclose who he/she is working for up-front.
It's the law!
Answer to above question:
>Bob's Rule: A buyer should always be
>Some agents are good, some not-so-good,
so make sure he knows what he is doing!