What is a buyer’s representative?
Defined most simply, a buyer’s representative (also buyer’s rep, or buyer’s agent) is an advocate for the buyer—not the seller—in a real estate transaction. Real estate laws and regulations vary from state to state, but buyer’s representatives usually owe full fiduciary (legal) duties, including loyalty and confidentiality, to their buyer-clients and work in their clients’ best interests throughout the entire transaction.

How does an Accredited Buyer’s Representative (ABR®) differ from other buyer’s representatives?

An ABR® is a buyer’s representative who has completed advanced training and who has proven experience in serving the special needs of buyer-clients. In addition to knowing the dynamics of their local market, an ABR®-designated buyer’s rep can help you make informed decisions throughout the entire home buying process.  An ABR® is also a REALTOR® (a member of NAR) and must abide by a strict Code of Ethics.

What services are provided by a buyer’s representative?
If you’ve established an agency relationship with a buyer’s representative, common services include:

• Helping you clarify your priorities.
• Suggesting sources of financing and other service professionals, such as inspectors and exterminators.
• Providing sources of accurate and lawful information on neighborhoods, schools, and communities.
• Selecting and arranging property showings.
• Evaluating particular properties.
• Explaining forms and agreements.
• Suggesting contract contingencies to protect you, rather than the seller.
• Assisting in the negotiations for a favorable price and terms.
• Keeping all information confidential that could weaken your bargaining position.
• Monitoring the entire purchase process, assisting with issues that arise through closing.