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Real Estate Tips
Agency >Buyer Agency

In the history of the real estate industry, there has been a single approach to working with a real estate agent. If you wanted to purchase a home, an agent showed you properties on behalf of the sellers of those homes. As a buyer, you were not represented by anyone other than yourself. Negotiation over price and terms were entirely your responsibility.

Now there is another way to handle buying property. With buyer agency, your real estate sales associate acts on your behalf in all negotiations. That agent is committed to being your advocate in finding and purchasing your next home, and at no cost to you.

In many cities across the United States, buyer agency is used in the majority of home purchases. With buyer agency, all fiduciary duties are owed to the buyer, not to the seller. The buyer has the freedom to discuss personal finances, negotiating strategies and the value of properties with their buyer agent. The buyer can ask for the opinion of the buyer agent regarding the condition of the property, the effect of improvements, the seller's motivation for selling and a variety of other information thar the seller's agent cannot provide.

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Real Estate Trivia
Q 
Who received the largest land grant ever given to an English subject for only two beaver skins per year?

A 
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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Fine Austin Living, REALTORS®, REALTOR®, real estate agents and broker for Austin, Westlake Hills and Lake Travis, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Todd Smith, Broker/Owner
Fine Austin Living, REALTORS®

4238 Bee Caves Road
Austin, TX. 78746
Phone: 512-402-9800
Email: Info@FineAustinLiving.com

Let us show you our passion for real estate! We'll show you the Fine Art of Austin Real Estate, and hopefully earn your business and your referrals for life!

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