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Advertise Here - Realtor®, Accredited Buyer Representative Blue Bell, Pennsylvania 19422 Office: · Direct: |
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Advertise Here - Realtor®, Accredited Buyer Representative Blue Bell, Pennsylvania 19422 Office: · Direct: |
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WHY WORK WITH A BUYER'S AGENT?
Click Here if you would like to be contacted about Buyer's Representation.
All Brokerage companies in the State of Pennsylvania are subject to the same Common
Laws of Agency. Before entering into a real estate transaction, the real estate
brokerage company has an obligation to discuss the legal relationship that
will exist during the transaction. This relationship will determine whether you will
receive client or customer level services.
Customer Level Services: When the real estate brokerage company
represents the buyer and not the seller in a transaction the buyer is the
client and the seller is the customer of the buyer's brokerage company. The buyer
and the brokerage company will enter into a Brokerage Employment Agreement or
"Buyer Representation Contract." All fiduciary responsibilities/duties are
due the buyer under this set of circumstances... and ONLY THE BUYER.
Client Level Services: When a real estate brokerage company represents
the seller and not the buyer in a transaction the seller
is the client and the buyer is the customer of the seller's
brokerage company. All fiduciary responsibilities/duties are
due the seller under this set of circumstances... and only the seller.
These guide lines are the "core" of the ethics and standard practice
that ALL real estate professionals in the State of Pennsylvania should
adhere to in ALL real estate transactions.
Under most circumstances, the payment of the buyer's agent's fee has
already been discussed by the listing agent at the time the listing was
signed. The listing agent has pointed out the advantages of compensating
the buyer's agent for his service in procurring a ready, willing and able
buyer for the property. The fee is then printed in the multiple listing
service.
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