Buyer's Agent
A licensed real estate agent who represents the buyer's interests in a home purchase transaction.
A buyer's agent works exclusively for the person purchasing the home, they identify suitable listings, schedule showings, draft offer terms, negotiate price and contingencies, and shepherd the contract through inspection, appraisal, and closing.
Compensation has historically been paid out of the seller's proceeds at closing, though recent industry settlements have shifted some markets toward buyers negotiating and signing their agent's commission directly. Either way, the cost is real and should be understood up front.
Choosing an agent who knows your specific market matters more than any other single factor, local inventory pace, recent comps, builder reputation, and HOA quirks all live in the heads of agents who do twenty deals a year in your zip code.
Related terms
Other terms you'll see alongside Buyer's Agent
A licensed real estate agent who represents the homeowner selling a property, also called a listing agent.
The signed contract between buyer and seller that defines the terms of a real estate sale.
A good-faith cash deposit a buyer puts down when offering on a home, typically held in escrow until closing.
Recent sales of similar nearby properties, used to support an appraiser's opinion of value.
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