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Buying a home may be the biggest investment you'll ever make. So you should be as prepared as possible, ready for anything, with a trusted professional on your side. And that's where acting as a CENTURY 21® Buyer Representative, I can be a very valuable ally, ready to serve your best interest. Negotiate the best terms. Provide you with the necessary information to make the best decision. |
| Two Very Different Sides (a little history) |
In the past, real estate agents served primarily the home seller, acting as a subagent of the listing broker while working with the buyer to help the buyer find a home. This meant that the agent was legally bound to obtain the best terms and price for the seller. Today, the listing agent represents the seller, and the buyer's agent represents the buyer. Buyers have a choice of representation! Sellers still pay the commission but it is paid to the brokerage of the listing agent. That brokerage in turn pays half of the received commission to the brokerage of the Buyer's agent. The individual agent is then paid on whatever level has been agreed upon in their office contract. Agents also have a choice! Agents can elect to represent either seller or buyer, or both if the situation arises wherein the listing is one that is listed by the buyer's agent's office. That's called a dual representation. In such a case, the agent pledges fairness and honesty |
| What a Buyer Representative Does For You |
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For those folks transferring, relocating and
asking me for information on homes, I represent you the Buyer.
The following guidelines are covered in this
representation. They are my guidelines and what you can
expect from my representation!
My Standards of Care
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Benefit to the
Buyer:
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Benefit
to me as their agent:
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the Buyer need to sign an agreement?
While it is not necessary for the Buyer to sign an agreement
with me when we first meet, I would be happy to do so if you so
choose. With or without an agreement, I will extend a lot of
effort, time, my expertise, loyalty and education to be well informed on behalf of my buyers. However, I would hope
that with such good service and representation, a buyer will be
loyal to me! Yes, I represent the Buyer as well. I will include new homes and new subdivisions in my showings of homes. Unlike some areas of the country where builders do not cooperate with realtors, in North Idaho, builders seek our assistance since we sell 80% of their product. The site salesperson represents the builder, a Buyer should have representation. It is tempting when first arriving in
our great area to look at all the magazines and cruise the new subdivisions. In order to have Buyer
representation, nothing must be registered or signed without your
realtor. If you are just looking, say so, and you may not be asked
to register yourself. If asked, state that you are working with a
realtor and will return with that realtor if interested in that
subdivision REMEMBER! Caveat Emptor (let the buyer beware) no longer is enough to protect a buyer. Each state has its differences. An escrow on the East Coast means something different on the West Coast. There are inspections, disclosures, deadline dates, title work, loan procedures, and recommended use of professionals. Representation for the Buyer is very important today! |
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Young Burdette, CRS, GRI Associate Broker Toll Free (877) 455-0421 • Office: (208) 765-5554 • Home: (208) 683-2300 • Cell: (208) 661-2310 |
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