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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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How many step are there leading to the top of the Eiffel Tower in Paris, France?
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| A |
Visitors who walk to the top must go up 1,792 steps. |
See More Real Estate Trivia > |
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The Jamie Silverman and Kim Panes Team Weichert Realtors 505 Millburn Avenue Short Hills NJ 07078 FOLLOW US ON TWITTER & FACEBOOK Office Phone: 973- 376-4545 Mobile Jamie: 973-632-9913 Mobile Kim: 201-407-0721 Fax Jamie: 973-255-1025 Fax Kim: 973-255-1050 Email Jamie: sjjsilver@aol.com Email Kim: kimpanes@gmail.com
With many years of experience in residential real estate, Jamie and Kim are Top Producer Realtors with Weichert Realtors. They specialize in Essex, Union and Morris counties of NJ. Contact us with all your real estate needs. 
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