The Importance Of A Buyer's Agent

Thinking about buying a home or property in Rhode Island? Don't do it alone!

Buying a home without being represented by a buyer's agent is not a good idea.

A buyer's agent, like the name suggests, works for the buyer, not the seller of the property. Because they work for the buyer, they have a fiduciary duty to only represent the buyer interests.

Buyer's agents are licensed real estate professionals that specialize in searching, evaluating and negotiating the purchase of property on behalf of the buyer.

If you are a buyer, having an experienced agent helping you with the entire process of home buying is invaluable.
 

Who Pays For The Buyer's Agent

Having a real estate agent representing you won't cost you a dime! The buyer's agent is paid by the seller of the property.

Usually, the sales commission is split equally between the seller's agent and buyer's agent.
 

What To Do At An Open House

If you are being represented by an agent and wish to go to open houses, ask your agent for a few business cards, so you can pass them to the agents at the open houses.

Agents at open houses are supposed to ask you if you are being represented by another agent, but sometimes they forget. Make sure to let them know by giving your agent's card.