| BUYERS AGENCY If you choose to have a real estate agent exclusively you should enter into a written contract that clearly establishes how the buyers agent will work for you and you alone. This is the commitment and agreement our agent will provide to you. Although the typical agency agreement spells out the fiduciary duties an agent must fulfill for the seller as the seller exclusive agent. Buyers too have the option of being represented exclusively by their own agent. Consider the following benefits: Loyalty The real estate agent must act in the best interest of the buyer. Obedience Must follow the lawful instructions of the principle (buyer). Confidentiality Any discussions, facts, or information that should not be revealed to others but does not include responsibility of fairness and honesty in dealings with all parties . Knowledge and Skill Arriving at a reasonable purchase price and negotiating the best price and terms. Discover material facts and disclosing all of them to the buyer. Investigate any material facts related to the sale. As a buyer's agent, we represent YOU and YOUR interest in the purchase of your new home, not the seller's interest. This is different from some sub-agency transaction where the listing office is paid by the seller for representation of the sale of their property. When you are looking to make the biggest investment of your life, it's not hard to understand why it is important to be represented exclusively. I certify that I have provided the prospective buyer with a copy of this information. ______________________________________________ Agent Date Red Carpet Heritage Realty 8423 Florence Avenue Downey. California 90240 562- 923-5401 |