Buying a Home
What is a Real Estate
Buyers Agent - A real estate professional
becomes the Buyer's Agent by entering into an agreement to
represent the buyer. A Buyer's Agent can assist the
seller, but does not represent the seller. The Buyer's
Agent must place the interests of the buyer first. A
seller should not tell the Buyer's Agent anything they
would not want the buyer to know, because the Buyer's
Agent must disclose any pertinent information to the
buyer.
What is a Real Estate
Sellers Agent - A real estate professional becomes a
Seller's Agent by entering into a listing agreement to
represent the seller's interests. Seller representation
may also be created when a real estate professional shows
a property on the Multiple Listing Service and "buyer
agency" has not been created. The Seller's Agent can
provide information to assist the buyer, but they must
place the interests of the seller first. A buyer should
not disclose anything to the Seller's Agent they do not
want the seller to know.
What is a Real
Estate Broker – A person that charges fees in
exchange for bridging or negotiating a real estate sale,
real estate exchange, real estate purchase, rental or
leasing of any real estate. He/She can list or attempts to
list any real estate property.