Keller Williams Ann Arbor
Phone:
(734)669-0337
Fax:
(734) 661-4315
Email: info@kathytoth.com
Buyer Agency
You can elect to create a buyer agency relationship between us that will entitle you to the fiduciary client level services that include:
Loyalty, Obedience, Disclosure, Confidentiality, Accounting in Dealings
BUYER RIGHTS
You have the right to remain silent Anything you say can and will be used against you during contract negotiations. You have the right to be represented by your own agent. If you choose not to be represented by your own agent, all agents will represent the seller and attempt to get the highest possible price for their client.
Do you understand these rights?
Don't you want a buyer agent?
The Toth Team has an obligation to educate the public, to explain the difference
between general information and the benefit of specific advice and counsel. We are
committed to a higher level of service, close relationships, responsibility. We advise and consult, own the results, anticipate needs and interpret data. We employ high skill, use expert judgment and intuition, are knowledgeable about market and legal issues; we are involved in decision-making, and to many clients we are irreplaceable. We are a team of licensed agents and support staff dedicated entirely to you.
Kathy Toth - Associate Broker, Jennifer Marshall - Client Care Manager, Linda Woodard - Accredited Buyer Representative, Carrie Gable - Technical Assistant, Vicki Larmee - Buyer Agent
The Accredited Buyer Representative (ABR) designation, conferred by the Real Estate
Buyer's Agent Council (REBAC), confirms an agent's mastery of buyer representation.
Until recent years, virtually all real estate agents owed fiduciary duties to the
seller. Even when working with buyers on a day-to-day basis, agents were obligated by
law to get the highest price and best terms for the seller.
Today, many consumers
prefer working with an agent who is contractually bound to represent their interests
as the buyer.
Agents who have earned the ABR designation have demonstrated experience
in buyer representation. Two key areas emphasized in ABR training are how to identify
potential problems with a property and how to negotiate the best price on behalf of the
buyer.
REBAC is an affiliate of the National Association of Realtors.
Frequently Asked Questions
Do Home buyers need the help of a Buyer Representative?
You bet! Because when buyers work with a real estate professional who is 100% loyal and completely committed to them, chances are that the entire home buying process will go smoothly, with more buyer satisfaction.
O.K. exactly what is a Buyer Representative?
A Buyer Representative works solely for you and has no legal or other responsibilities to the seller. When working with a Buyer Representative, you have the advantage of a personal representation, independent counseling, loyalty, confidentiality, and trust. On the other hand, while helping you present an offer, negotiate, and close a transaction, a general real estate agent has certain fiduciary responsibilities to the seller and agent of any property you choose.
Can a Buyer Representative show us the same properties?
Yes, a Buyer Representative can show you every home listed in the Realtor's Multiple Listing Service, PLUS Real Estate Owned (REO) and For Sale By Owner (FSBO) properties. Additionally, a Buyer Representative can show you brand new and unlisted homes.
Will a Buyer Representative disclose more information to us?
Yes indeed, because a Buyer Representative's fiduciary responsibility is to YOU, he or she can be more forthcoming with any negative aspects about properties that you're investigating to purchase.
Does a Buyer Representative make decisions for us?
No. As your personal ally, advocating your best interests, a Buyer Representative is obligated to provide you with the maximum information about buying a home, each step of the way. That means disclosing specifics about location, property values, offering price, negotiations, counter offers, contingencies, financing, and the entire closing process. Armed with such vital and detailed information, you'll be thoroughly prepared to make decisions that are right for you and your family.
What about negotiating the details?
First, a Buyer Representative is fully qualified and highly skilled in the back and fourth negotiations and financing queries that precede the closing of most real estate transactions. Second a Buyer Representative is also experienced and committed to helping protect your best interests in the purchase. In representing and supporting you, that's a powerful combination!
What did you mean about "confidentiality"?
Since a Buyer Representative is legally obligated to only you, he or she can help you maintain absolute privacy with regard to financial and personal information. That's another important benefit of working closely with a qualified Buyer Representative.
A few more questions?
We have the answers, and many more details about Buyer
Representation by a Real Esate Professional. Please call us today. We'll answer your questions in full.
