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Updated about 5 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Jason Cook
  • Raleigh, NC
5
Votes |
27
Posts

Buyers Broker Vs. Sellers Broker

Jason Cook
  • Raleigh, NC
Posted

Hello, I am just starting my real estate journey. Thinking of buying a home and house hack. I am in my initial stages of finding a real estate agent but I am unsure if I go with a Buyers broker or sellers broker. A buyers broker does represent me but have to sign a contract for a certain period of time and can only go through them. While I go with a sellers broker I am not locked in with any real estate agent but they represent the seller. In a competitive market if you are a buyers broker or sellers broker they are still want the highest price for you to get the potential property.  What would be the best options?

Most Popular Reply

User Stats

131
Posts
91
Votes
Stephanie Simmons
  • Flipper/Rehabber
  • Lakeland, FL
91
Votes |
131
Posts
Stephanie Simmons
  • Flipper/Rehabber
  • Lakeland, FL
Replied

The sellers broker represents the best interests  of the seller - you are the buyer and would want a buyers agent to represent you as you are the buyer.  You can just contact a sellers agent and have no representation in the deal - BUT that leaves you no one that can provide  sound advice that is in your interests.

Interview agents and tell them your expectations - make sure they agree to it.  You can also state in the agreement you sign that you can fire them and get a different agent.  I am a licensed agent in Florida  & wouldn't keep a customer under hostage as a buyer's agent.

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