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Important: Exclusive Buyer's Agent FAQ's - 1 2 3 4 5 6 7 8 9 10 11 12 13

11.  If THE BUYER'S AGENT can save me money on price, why can't traditional agents?

A Realtors' Guide to Compliance With the Law of Agency states that agents who represent sellers are to reveal to the seller information concerning the ability or willingness of the buyer to complete the sale or to offer a higher price. Therefore, legally, agents who represent sellers must not only do all they can to sell the property for the highest price, but they must also inform the seller if you, the buyer, are willing and able to pay a higher price. This prevents agents who represent sellers from promising to save money on the price of the home. Only agents who represent the buyer exclusively can always legally work to get the buyer a lower price. THE BUYER'S AGENT OF NASHVILLE & MIDDLE TENNESSEE always works only in the best interest of you, the home buyer.

 

 
What You Should Know

 

 

1. Isn't the agent who shows me homes, or any real estate for that matter representing me?

2. My agent agrees she "technically" represents the seller, but says she will be fair and "take care of me". Isn't that all I need?

3. Does THE BUYER'S AGENT have access to all resources like the Multiple Listing Service?

4. How is THE BUYER'S AGENT paid for its services?

5. If THE BUYER'S AGENT OF NASHVILLE & MIDDLE TENNESSEE works on commission, why try to lower the price of a property for me?

6. Some Agents say they can represent both me and the seller. How can this be?

7. Can other real estate companies have agents that represent buyers?

8. What is exclusive buyer representation and how did it develope?

9. Does the legal responsibility that accompanies this type of contractual relationship really matter to me?

10. Exactly how does THE BUYER'S AGENT establish this contractual relationship to represent me?

11. If THE BUYER'S AGENT can save me money on price, why can't traditional agents?

12. How much money can THE BUYER'S AGENT save me?

13. How can I estimate my mortgage?

 
 
 
 
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Nashville, Tennessee 37220

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