For Buyers - Exclusive Buyer Agency
Services
The Seller has representation
and you should too!
It costs you nothing
to hire me as your exclusive buyer agent as long as the home you
purchase is listed for sale with a real estate firm cooperating
in the Outer Banks Multiple Listing Service.
I will be compensated
with a portion of the commission paid by the seller to the real
estate company listing the property for sale. The process is called
co-brokering. As your exclusive buyer agent, I’ll work with
you to find your dream home and I am required to keep all of your
information confidential and to serve the best interests of you,
the buyer.
When you are a buyer,
it is important that you hire an exclusive buyer agent
because the listing agent works for the seller. Though
the listing agent is required to answer your questions honestly,
the listing agent's job is to get the highest price possible for
their client's, the seller's, property.
The pamphlet, Working
with Real Estate Agents, required to be provided for
prospective buyers and sellers by the NC Real Estate Commission,
explains the rules of agency relationships for North Carolina.
It will also give you useful information about the various services
real estate agents can provide to buyers and sellers, and it will
help explain how real estate agents are paid. It explains that
a buyer's agent has a duty to the buyer to:
- Promote your best interests
- Be loyal to you
- Follow your lawful instructions
- Provide you with all material facts that could influence your
decisions
- Use reasonable skill, care and diligence
- Account for all monies they handle for you
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