Buying A Home - Who's Working for You?

Buying A Home - Who's Working for You?

You've decided your ready to buy, you been to a few open houses and met a few real estate agents. They all seem nice (and we all are) but did you know under normal circumstances we work for the seller, not you the buyer.

Without boring you with a lot of legal double speak, we are bound to do our very best for the seller. But this is where Buyer Representation Agreements (BRA) come into play. In a nut shell this is an agreement you sign with the realtor of your choice and now he works for you and your best interests.

This agreement between you and your chosen realtor now puts the realtor on your side. They can now disclose things to you about the property, the seller, or anything relevant to your purchase of the property. Here is a quick example.

You are talking to your realtor and say to them that you like the house you are about to put an offer on. You tell him you like it so much you would go over asking to get this house. Without a Buyer Agreement your realtor would have to tell the seller what you said, if asked. With the BRA in place your secret is safe because they are working for you.

So before you get serious about buying a house, get serious about finding the right agent for you and put a Buyer Representation Agreement in place to get the best advice you deserve.

Jamie Woodend
Sales Representative
Remax a-b Realty Ltd Brokerage
88 Wellington Street
Stratford, Ontario, N5A 2L2
519-273-2821 ext 229 Office
519-949-0345 Cell