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Standard Buyer Representation
Question:   When should a buyer
NOT be represented?

>See the answer below...

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:   NEVER!

>Bob's Rule: A buyer should always be represented. >Some agents are good, some not-so-good,
so make sure he knows what he is doing!
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Overview - As Virginia changes from "Buyer Beware" to "Seller, Take Care"... Client? Customer? Don't know the difference? You should read this!
Seller Representation - Information for both sellers and buyers
Overlapping Agency Relationships - Dual Agency and Designated Representation
Back to the Agency Page - If you're buying real estate and are NOT represented by an agent, think again!!