Benefits of Using a Buyer's Agent:
A buyer's agent is a real estate agent who works exclusively for you to assist in researching and purchasing your property. It's that exclusion that distinguishes a Buyer's Agent from any agent who is the legal representative of the seller.
Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process.
– CNNMoney.com
Always remember that a real estate broker does not work for you, but for the seller. If you want an agent on your side, contract with a buyer’s agent.
– Reader's Digest
Buyer's Agents work only for consumers and can save them money - and they don't cost more to hire.
– Los Angeles Times
Many people don't realize that, unless specifically stated otherwise, brokers are legal representatives of sellers. A buyer's broker, representing only the buyer, may be able to secure a better price and better terms.
– Good Housekeeping
If you ever doubted the value of real estate agents who work solely for home buyers (as opposed to traditional agents who report to sellers), consider this: A recent study by U.S. Sprint found that 232 relocating Sprint employees who hired buyer's brokers paid an average of 91% of a home's list price. People who use traditional agents typically pay about 96%.
– Money Magazine, "House Hunting? Save By Hiring Your Own Agent", By Carla A. Fried
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