buyer's broker

Buyer's Broker

In a real estate transaction, the agent who represents the potential buyer of a property. The buyer's broker is responsible for representing the buyer's interest and trying to achieve the best price and terms on the deal. The buyer's broker receives a commission on the value of the sale of property.

buyer's broker

An agency relationship in which the broker represents the buyer rather than the seller.This is typical in commercial real estate transactions,but relatively rare in residential real estate brokerage. For residential brokerage, most agents “working with” buyers are actually subagents of the seller.

References in periodicals archive ?
July 24, 2015 /PRNewswire-USNewswire/ -- FOURMIDABLE Real Estate Services served as the Buyer's Broker for the purchase of two Michigan apartment communities and an office building.
Brooklyn home buyers and investors will now be able to enlist an exclusive buyer's broker to look after their best interests.
She will also act as a buyer's broker, host roundtable discussions and develop new rental and sales platforms.
Information on the buyer's broker was not immediately available.
For this reason, you may want to consider a buyer's broker.
Believing buyers' agents provide their customers with a significant level of knowledge and service during the home-buying process, homebytes recommends that its clients offer a competitive commission for the buyer's broker in their MLS listing.
The off-market Missoula acquisition was represented by Lloyd Farley of Paramount Lodging, Lodging Dynamics buyer's broker in Phoenix with Michael Francis and Wes Christensen of Marcus and Millichap, the Company's buyer's broker in Salt Lake City.
com)-- Tom Coler, Broker/Owner of the Buyer's Broker of Southwest Florida in Sarasota and Naples, was inducted into the National Association of Realtors Real Estate Buyer's Agent Council Hall of Fame.
Massey Knakal represented the sellers, and there was no buyer's broker, he said, in the sale last Thursday.
May a buyer's broker successfully maintain a direct lawsuit against a seller who has reneged on a real estate transaction?
A SARASOTA EXCLUSIVE BUYER'S BROKER TALKS ABOUT THE NEW AGENCY LAW AND HOW IT AFFECTS THE CONSUMER.
as the exclusive buyer's broker for all of its hotel acquisitions in the eastern United States.