Exclusive Buyer’s Agent
Benefits of Using an Exclusive Buyer’s Agent
Are you looking for a real estate agent who can represent your interests in property negotiations and transactions? There’s no need to look any further. Buyer’s Trust Real Estate & Investment is an exclusive buyer’s agent which only represents the buyer in every deal. There are no sneaky dual agency clauses because we do not believe in serving both parties and creating a conflict of interest between the buyer and the seller.
It is always better to work with an exclusive buyer’s agent when you want to buy a property. Not all real estate agents are exclusive buyers agents, so you need to check this out before hiring an agent. There are various benefits to working with an agent that offers exclusive representation:
- An exclusive buyer’s agent never lists homes for sale
The agent only deals with the buyer and never gets involved with the selling process of the property. There is no question as to who the agent represents or whether you will be compelled to look at particular properties.
- The agent helps you to formulate a fair offer price
The Connecticut exclusive buyer’s agent helps you to formulate an offer price which takes into consideration your budget, the actual value of the property and the seller’s demand. Proper market research and price comparisons need to be done before making an offer to the seller so that you get the best deal for any property. An exclusive buyer’s agent is very familiar with this process because it is all they do, day after day.
- You get strategic information from the agent
As the Connecticut exclusive buyer’s agent is in no way obligated to the seller, he can make certain disclosures to you regarding adverse factors of the property, which can help you to negotiate better and take a stronger stand in any deal.
- You are not charged anything extra
If you think that you need to pay more to the Connecticut exclusive buyer’s agent for providing 100 percent representation, then you are mistaken. The agent gets compensated through the transaction like any other real estate agent who represents the seller. So you do not need to spend anything extra.
- The agent is committed to serve you
You get full commitment, loyalty and obedience from the agent when you hire him. The agent does not reveal any confidential information about you to the seller without your permission. You can be sure that the transaction is carried out according to your preferences.
It is very difficult to find such agents because they are few in number, and traditional agents work hard to confuse the general public. Apart from the services mentioned above, Buyer’s Trust Real Estate & Investment offers you guidance and support throughout the home buying process.
Schappert is uniquely qualified to help you locate, negotiate and renovate your dream home or investment property.
Are You Searching For A Connecticut Buyer’s Agent?
Buyers Trust is more than a Connecticut Buyer’s agent. Buyers Trust is an exclusive buyer brokerage. We NEVER have a conflict of interest with representation. Buyers Trust never never represents the seller. At Buyers Trust Real Estate & Investment our life doesn’t revolve around trying to get paid by both sides. You can’t promise to get the best deal for both sides in a transaction. Think about divorce attorneys representing both spouses. At our first meeting we promise to do our very best for you and nobody else. Through out the transaction that never changes. You will never be asked to sign a dual agency agreement.
Hiring A Connecticut Exclusive Buyer Broker Is The Best Decision You Will Make Regarding Buying A Home in Connecticut. You Should Call Steve Schappert Today To Start The Connecticut Home Buying Process 203-994-3950
The Average Home Price in Connecticut is about $243,000, we have included a sampling is below.
Are You A Connecticut Buyer’s Agent?
Buyers Trust Real Estate is hiring over 100 exclusive buyer agents in the State of Connecticut. Smart home buyers should work with exclusive buyer brokers and their exclusive buyer agents. We are looking for Connecticut Buyer’s Agents that take pride in doing one thing to the best of their abilities. Buyers Trust Wants buyer agents that believe in providing the absolute best for our home buyers and investors. Learn More
3 Things That Will Ensure Your Success As A Connecticut Buyer’s Agent:
- Commitment to world class client service
- Dedication to learning everything you can about the investment side of real estate.
- Working for a Brokerage that is committed to making you the premiere buyer’s agent in your market area.
Here Is What The Department Of Consumer Protection Has To Say About Connecticut Buyer Agents
WORKING WITH BUYERS ACCORDING TO CT DCP: “The law allows licensees to work with a buyer as either a client or customer. The law does not require that a licensee enter into an agency relationship with a buyer as a client, in order for the licensee to provide services to the buyer. A licensee can work with a buyer without representing the buyer in one of two ways. (A licensee can also provide some services to a buyer that the licensee intends to potentially represent before a buyer agency agreement is entered into…
First, the broker can be the buyer’s agent as long as the buyer agrees with this. If a licensee represents a buyer, the law requires that a written buyer agency agreement be entered into before the licensee negotiates on behalf of the buyer (see paragraph 5 for further detail on what constitutes negotiating and the timing).
Second, a licensee can work with a buyer as a customer, meaning that the licensee does not represent the buyer.
The licensee can show the buyer in-house listings, in which cases the licensee is the agent of the seller. The licensee can also show the buyer another firm’s listing by being the sub-agent of the seller, after obtaining the seller’s written consent to subagency.
Call Steve Schappert Right Now To Start The Connecticut Home Buying Process 203-994-3950
DCP On Dual Agency
“IMPORTANT: Some agents urge clients to sign a Dual Agency form (as “just a formality”) when they sign the agent up to sell their home. This is not a fair practice. Consumers should not sign the Dual Agency consent form in advance. A seller should sign the form only if and when another client of their sales agent is ready to make an offer on the seller’s home.”
“A Buyer’s agent represents the interests of the buyer in a real estate transaction. The Buyer’s agent’s responsibilities to the buyer are: undivided loyalty, obedience, diligence, disclosure, confidentiality, accounting, and reasonable skill and care. All duties are fiduciary — they are owed exclusively to the buyer – NOT to the seller.” – CT Dept. of Consumer Protection
Connecticut Buyer’s Agent Resources
- CT MLS Buyer Representation Agreement
- DCP Policy on Agency
- DCP Working With A Buyer’s Agent
- Designated Agency Regulations Concerning The Conduct Of Real Estate Brokers & Salespeople
Traditional Buyer’s Agent vs. Exclusive Buyer’s Agent- What’s the Difference
Do you think that your real estate agent is your best friend? Think again. There are two types of buyer’s agents in the market- the traditional agent and the exclusive buyer’s agent. You need to know which category your agent belongs to before hiring him.
Who is a traditional Buyer’s Agent?
The name traditional buyer’s agent is given to those real estate agents who provides agency services to buyers as well as sellers. Even though the designation is buyer’s agent, the agent is free to associate himself with the seller. In such a case, he provides representation to both parties in a deal. Most of the buyer’s agents provide preference to the seller’s interests first. The reason is that the agent gets a higher commission if he sells the property of the seller at a good price. Your interests come second so you do not always get the property at a fair price. You are asked to sign dual agency disclosures which indicates your agreement to the agent’s dual commitment.
There is always a conflict of interest when it comes to dual agency because the buyer’s agent cannot satisfy the requirements of the seller and the buyer at the same time. Even if a buyer’s agent tries to get a good deal for the buyer, the rest of the agents in the firm try hard to sell the listed property at a higher price to other clients to claim the commission from the seller. This system is not in favor of the buyer.
Definition of an Exclusive Buyer’s Agent:
The exclusive buyer’s agent is one who represents only buyers in every property deal that is conducted through him. The agent is not associated with the seller in any form. He never lists properties. He only protects the interests of the buyer and negotiates with the seller persistently to get the best deal for his client.
A few more features of exclusive agency services:
- The exclusive buyer’s agent keeps the details of the buyer confidential till he is instructed by the client to make a disclosure to the seller.
- The agent performs his fiduciary duties towards the buyer by being committed, loyal and obedient.
- The agent provides strategic information to the buyer by making certain disclosures regarding the seller which can materially benefit the buyer and give the client the upper hand in a deal. He can do so because he is not legally bound to the seller.
To get the best representation and great property deals, it is always better to go for an exclusive buyer’s agent.
Buyer’s Trust Real Estate & Investment is an exclusive buyer’s broker and agent in Connecticut.
Call Steve Schappert Right Now To Start The Connecticut Home Buying Process 203-994-3950