Understanding Buyer Agency in Colorado - Professional Buyer Representation by Denver Colorado Realtor Anthony Rael

UNDERSTANDING BUYER AGENCY IN COLORADO

Thinking about buying a home in the Denver area? The seller will have professional representation...Will you? You see, sellers list their homes with real estate agents to assure professional representation throughout the home selling process. As a buyer, you deserve the same kind of service.

Real estate agents & REALTORS® may represent either the buyer, the seller or the transaction. Is your agent working for you? How do you know? How can you be sure that someone is looking out for your best interests?

Colorado law requires agency disclosure to prospective buyers. Every real estate agent must disclose the types of agency through which he/she can represent you. If you do not sign a buyer agency agreement, then you are NOT being represented. Don't make this mistake. Consider your options and outcomes. Here are some facts:

Duties & Obligations	Using Your Own Buyer's Agent	Using the Seller's Agent
Arrange Property Showings
Keep your bargaining & financial position confidential		Must inform seller of adverse conditions affecting your buying ability
Monitor transaction to closing
Assist with financing
Disclosure & information
Provide accurate information
Advise & counsel		No!
Promote & protect your best interest		No!
Exposure to both listed & Unlisted properties		No!
Point out reasons NOT to buy		No!
Negotiate the best price and terms for you		No!
Assist with writing the offer with your best interest in mind		No!

[ RETURN TO BUYER'S TOOLBOX ]

FIND YOUR DREAM HOME NOW!

SEARCH HOMES NOW! HomesInColorado.info Powered by REColorado.com	SEARCH HOMES NOW! SearchHomesInDenver.com Powered by RE/MAX Alliance	SEARCH HOMES NOW! HomesForSaleDenverColorado.com Powered by remax.com