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Frequently Asked Questions

What is a Buyer's Representative?

In every real estate transaction, there is a buyer and a seller. A buyer's representative is a licensed real estate sales professional that specializes in representing the best interests of the buyer.

Prospective buyers sometimes make the mistake of assuming they will save themselves time and money by dealing directly with the listing represenative, not realizing that he or she represents the seller. A representative cannot truly represent both the seller and the buyer in any transaction, since each person has competing interests.

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Does using a Buyer's Agent increase the cost of purchase?

Use of a Buyer's Representative does not increase the amount of commission in almost all cases. The commission in a real estate transaction can vary from one brokerage to another, and from one sale to another, but that commission is divided between the selling agency, and the buying agency.

Read the full article about Buyer's Representation

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FAQ Disclaimer

Though we strive to ensure that the presented material is reliable and correct, it is intended for informational use only. ECO Realty Inc. does not guarantee this material's accuracy or completeness. The information presented by this material is not intended, nor should it be relied on as a substitute for professional certified legal advice in real estate dealings or any other dealings of a binding legal nature.

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