Why do I need a BUYER'S AGENT?
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• You need someone to represent you and your interests.
• If you do not have representation, you may pay too much.
• You deserve fair and impartial representation.
• You need a BUYER'S AGENT even when purchasing a new home.

Now You Have a Choice

How can a BUYER'S AGENT help me?
In the same way the Sellers agent represents the seller, the BUYER'S AGENT represents the buyer in the transaction. Your Abana BUYER'S AGENT can negotiate on your behalf and can inform you of critical information should they know it (whereas the Sellers agent is under no such obligation). Critical negotiation information such as:

• Will the seller accept a lower price?
• The sellers reason for selling and timeframe.
• How long the home has been on the market.
• Strengths and weaknesses of the property.

While a Seller’s agent cannot provide false information, and must provide certain information by law, the seller’s agent is not compelled to reveal the information listed above. The BUYER'S AGENT may have access to some of this information. And if they do, they will share it with you and advise you on its impact in the negotiations.

This means you have a much better chance of negotiating a better price for the property.

I Want To Know More! (click here)

Who needs a BUYER'S AGENT?
Anyone who takes the transaction of Real Estate seriously will need to consider enlisting the services of a BUYER'S AGENT.

Considering this is probably the largest transaction most people will make it only makes sense to have every asset in your corner working for you. Even if you're using the internet to find your home, a BUYER'S AGENT has the tools to find homes that may not be available to an unrepresented buyer.

What can a BUYER'S AGENT do to help me?
Even before the critical negotiation phase of the transaction is finding the property of interest in the first place. Without a BUYER'S AGENT, you’re really on your own to find a property you like, and then negotiate the transaction.

The BUYER'S AGENT. has access to a vast wealth of information concerning properties for sale in a given region. Enlisting a Buyer’s agent gives you access to that information. Furthermore, the BUYER'S AGENT is knowledgeable and trained on how to sift through that information with an understanding of your requirements to find listings that may meet your needs. In some cases, your Abana BUYER'S AGENT can even set up automatic alerts to inform you directly when a listing meeting your needs hits the market.

What will it cost me?
Perhaps the question should be, “What will it cost me NOT to have a BUYER'S AGENT represent me?”

Who pays the BUYER'S AGENT fee?
In the vast majority of cases, the entire commission is paid by the seller. However, there is no requirement that they do so. So be sure to clearly understand the terms of your agreement with your Buyer’s agent and how such a situation would be handled.

Keep in mind, however, the cost of not having a BUYER'S AGENT may far outweigh the cost of having one.

What is an ‘in-company’ situation?
In some situations, a home buyer wishes to purchase a home that the BUYER'S AGENT is listing for a seller or is listed by another agent at the Buyer’s agent’s real estate company. In this situation, the Buyer’s agent's ability to represent the buyer and seller may be limited. This may also be known as “Designated Representative,” “Transaction Broker,” “Facilitator,” or “Disclosed Dual Agent.”

If such a situation occurs, it must be disclosed by both agents. From there, written consent to modify the agency relationship is produced. In Alabama, the situation can exist where different sales associates of the same agency can fully represent their clients on both the buying and selling sides.

Summary
Your Abana BUYER'S AGENT will represent you and your interests. Without one, you are, for the most part, on your own in the search and purchase of your new home. While it’s possible to have to pay the BUYER'S AGENT fee, it is extremely rare.