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Buyer's Agent

   Also found in: Wikipedia 0.01 sec.
Buyer's Agent
A person or company that represents the potential buyer in a real estate transaction. The buyer's agent, in exchange for a commission or fee, attempts to negotiate the seller to a more favorable price and/or better terms. A buyer's agent contrasts with a real estate agent, who represents the seller.

Buyer's agent. A buyer's agent represents a buyer in a real estate transaction, negotiating with the seller's agent for a lower price or a contract with more favorable terms.

A real estate agent or broker, on the other hand, represents the seller. Although that agent customarily shows the property to prospective buyers, his or her primary obligation is to the seller.



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Sometimes a buyer's agent must be paid out of the buyer's own pocket but the buyer can trust them with financial information, knowing it will not be transmitted to the other broker and ultimately to the seller.
Eugenio Sermoneta, a sales associate with Houlihan Lawrence's Somers office, has been awarded the accredited buyer representation designation by the Real Estate Buyer's Agent Council, Inc.
Dusty Sylvia, Carol Busselle and Jeanne King, all of Coldwell Banker Advantage Realty, have been awarded the Accredited Buyer Representation by the Real Estate Buyer's Agent Council Inc.
 
 
 
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