Buying a home in Orlando or Central Florida? Let me help!

(407) 760-0382

Are you considering making a home purchase sometime soon or do you need help with the process of buying a home in Central Flordia?

Do not make the mistake of thinking that the seller's agent is on your side. Regardless of how friendly all of the parties involved in the transaction seem, buying and selling real estate is an adversarial process. Why then, would you buy a home without the representation of a professional?

Let me represent you as your personal buyer's agent. I will make the process of buying a house easy for you whether you are a fist time buyer looking for first time home buyers grant or if you know the ropes and are planning on purchasing your fourth or fifth new home.

What is a Buyer's Agent?

A buyer's agent is a professional who is representing you as the purchaser and has your best interest in mind. According to Florida law a buyer's agent (single agent) owes the client nine duties:

  1. Dealing Honestly and Fairly
  2. Loyalty
  3. Confidentiality
  4. Obedience
  5. Full Disclosure
  6. Accounting for all funds
  7. Skill, Care and Diligence in the Transaction
  8. Presenting all offers and counteroffers in a timely manner
  9. Disclosing all know facts that materially affect the value of residential real property that are not readily observable

What this translates to, is that I are on your side in the transaction and am determined to negotiate the best possible agreement for you as a buyer.

Don't be confused as to what a buyer's agent isn't.

You may be thinking that if you were to approach a real estate agent about her own listing and asked her to help you with presenting an offer on that listing you were in fact being represented by them in some regard. This is not the case! She owes her client, the seller, the duties described above and I am sure that she would be happy to help you draw up a contract, in a non-representative fashion, to present.

A real estate agent acting with a No Brokerage Relationship has the following three duties:

  1. Dealing Honestly and Fairly
  2. To disclose all known facts that materially affect the value of the residential real property and which are not readily observable to the buyer
  3. To account for all funds entrusted to the licensee

In no way are they acting to for your interest or aiming to provide you with the best possible terms for your purchase and in fact can be acting in the exact opposite manner.

There is yet another agency status other than Buyer's Agent (Single Agency) or No Brokerage Relationship in which the agent owes you more duties than a No Brokerage Relationship, but less than that of a Buyer's Agent and it is known as a Transaction Brokerage Relationship.

A real estate agent acting in the capacity of a Transaction Brokerage Relationship is not going to negotiate the best terms for you as the purchaser. A transaction broker is a licensee who provides limited representation to a buyer, a seller, or both at the same time. A transaction broker does not represent either party in a fiduciary capacity or as a single agent. You can probably see how there would be conflicting interests if an agent was to negotiating for a deal for both sides.

In transaction brokerage, a real estate professional is acting more as a facilitator by bringing the parties together and acting as a conduit through which offers and information are passed back and forth. When representing both buyer and seller in the same transaction, the parties give up their rights to the undivided loyalty of the professional. The agent cannot work to represent one party to the detriment of the other party.

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