Serving Orange County, California including HUNTINGTON BEACH, San Juan Capistrano, Dana Point and more

Exclusive Buyer Agency
Frequently Asked Questions

When it comes to Buyer Agency and buying Orange County homes or other California real estate, there are several questions just about everyone wants to know the answers to. We have compiled those here for your review. If we have failed to answer a question you may have, please contact us and ask your specific questions. We'll be happy to respond to your inquiry.

Q: Won't it cost me more to use a "Buyer's Agent" than a traditional agent?

A. Not at all. In fact, you are much more likely to save money due to several important factors, including experienced negotiating and recommendations for the best lenders and inspectors. Also, since we are very experienced buyer's agents, we help you recognize and avoid many common costly problems.

Q: Can a Buyer's Agent represent me if I buy a "For Sale By Owner"?

A. Yes. The Buyer's Agent discloses to the seller that he or she is representing the buyer and normally the seller is receptive to paying our fee.

Q: Why would a Buyer Broker work for a better price for the buyer if the agent is working on commission?

Ask your Orange County Real Estate Agent...A. In the usual commission split between a broker and an agent, a $5,000 difference in price only results in a minimal difference in the commission the agent receives. Good will and word of mouth advertising are much more valuable to Buyer's Broker Inc, not to mention the agent's legal obligation to represent the buyer's best interest.

Q: Some agents say they can represent both me and the seller. How can this be?

A: You be the judge. If you were selling a home, would you want to list it with an agent who represents the buyer? Of course you wouldn't, no more than you would want to be put in a position of having to divulge your personal finances to the agent representing the seller. What buyers usually don't understand is that when an agent shows a buyer any home listed with that agent's firm, that agent, or his or her firm, is obligated to protect the interest of the seller. You also must be careful never to fall into a dual agency situation!

Q: Can a Buyer's Agent tell me if I am paying the right price for a home in Orange County?

A: Your Buyer's Agent can research previous sales to determine the value of a particular home in a given neighborhood in Orange County. Completing a competitive market analysis will help determine the price you should pay.

Q: Does Buyer's Broker Inc have access to all resources like the Multiple Listing Service?

A: Absolutely! We belong to the Orange County area MLS, so we can show you homes listed for sale in the Orange County metro and surrounding areas. Remember, we represent you, and never sellers.

Q: Isn't the agent who shows me homes always representing me by law?

A: Don't count on it! Not unless you have a written Agency Agreement. Agents who list property normally enter into a signed contract with the sellers to represent them in the sale of their property. This same contract may permit the listing agent to use "sub-agents" to help secure a sale. Unless you have a written Agency Agreement with a real estate agent promising to represent only YOUR best interest, you may find yourself working with an agent who is obligated to act in the best interest of the seller.

If you have other questions about Buyer Agency, or how Buyer's Broker Inc can help you, please contact us right away.

 

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