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| A Buyer's Agent is
exactly that, a Real Estate agent that represents only the Buyer in
the purchase of existing and new homes. Florida laws have changed in the last couple of years,
disallowing one agent and/or one office from fully representing
both the Buyer and Seller. (Dual Agent)
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...
You should not assume that any real estate broker
or salesperson
represents you unless you agree to engage a real estate licensee
in an authorized brokerage relationship, either as a single agent
or as a transaction broker. You are advised not to disclose any
information you want to be held in confidence until you make a
decision on representation ...
Florida
Real Estate Commission |
| For saving money
on the purchase of a home, consumer
advocates strongly recommend that buyers hire their own agents, stating that
an
exclusive buyer agent will assist them in locating, evaluating and negotiating
real estate. Commissions are already being paid by the seller, and will
not incur any additional cost the the buyer.
Articles and Reference:
- Choose
a Broker (Kiplinger) Home sellers enlist the help of professionals to
represent their interests, so why shouldn't home buyers do the same?
- Buying
a Home (Money) Top 10 things to know before buying a home.
Number 6 recommends looking for an exclusive buyer agent.
- The
Professionals: Finding an Agent/Broker (Homes.com) The different
agency relationships that can legally exist between agents, buyers and
sellers.
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