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Buyer's agent |
Also found in: Wikipedia | 0.10 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The term is more common in the United Kingdom, but in the United States the situation is referred to as buyer brokerage, and in Unknown to most home buyers, the agent showing you homes can offer you two forms of representation Your real estate agent could be working directly for you as in a buyer brokerage arrangement or they could be working in the vendor''s best interest if it is a sub agency arrangement The term is more common in the United Kingdom, but in the United States the situation is referred to as buyer brokerage, and in |
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