Did you know that you are typically NOT represented by the listing/selling agents that show you property listings?
Buyer's Agent or Traditional Seller's Agent?
For the past twenty five years or so home buyers on Long Island have had two kinds of agents they could use to buy a home: buyers agents or sellers agents. The problem was that very few home buyers knew that buyer agent representation was available. As a result most home buyers thought the agent showing them homes represented them. In fact, the agents were legally obligated to represent the sellers unless there was a written agreement with the home buyer to represent them.
A buyer's agent is usually paid out of the commissions paid by the seller and/or from the proceeds of the sale. In other words, the buyers agent commission is included in the final accepted price of the home. This makes hiring a buyer's agent an obvious choice and an advantage to those who use them.
Check out the comparison below and call Rob Leighton if you want representation or have any questions. Call 631-828-4404
Seller's Agent
Also known as the"listing agent". This is the agent whose name is on the sign. Legally obligated to represent the seller's interests. Duty is to get the highest price and best terms for the seller, maintain seller's confidentiality and disclose all known information about prospective buyers. Seller is "client", buyers are "customers".
Click here-> for details on obtaining your own exclusive Long Island buyer's agent and starting your home search now.
BUYER'S AGENT
Seller Agent vs Buyer Agent Comparison
| Services / Duties Provided | Seller Agent |
Buyer Agent |
| Represent You The Buyer | NO | YES |
| Promote and Protect interest of the buyer at all times | NO | YES |
| Advise the Buyer even if it means pointing out reasons not to buy | NO | YES |
| Negotiate in favor of the buyer for best price and terms | NO | YES |
| Structure offer with the buyers interest in mind | NO | YES |
| Prepare current property value study | NO | YES |
| Disclose all research about property history & liens | NO | YES |
| Represent Buyers on MLS listed properties, PLUS bank | NO | YES |
| properties, auctions, FSBO’s, new construction,Non-MLS | ||
| Guide buyer to obtain a 30 year fixed rate up to ¼ to 3/4 below | NO | YES |
| whatever the current market rate is | ||
| Guide buyer on how to get the closing cost’s guaranteed In writing | NO | YES |
| Arrange property showings | YES | YES |
| Provide Property data | YES | YES |
| Explain Forms / agreements | YES | YES |
| Access to Financing Specialist | YES | YES |
| Monitor Closing | YES | NO |
As a Certified Buyer's Representative (CBR), Robert Leighton shall assist and partner with you in locating, evaluating, financing and buying homes for sale in Port Jefferson, NY, homes for sale, Baiting Hollow, NY homes for sale, Belle Terre, NY homes for sale, Coram, NY homes for sale, E. Patchogue, NY homes for sale, Holbrook, NY homes for sale, Holtsville, NY homes for sale, Jamesport, NY homes for sale, Manorville, NY homes for sale, Mastic, NY homes for sale, Mastic Beach, NY homes for sale, Medford, NY homes for sale, Middle Island, NY homes for sale, Miller Place, NY homes for sale, Mt. Sinai, NY homes for sale, E. Setauket, NY homes for sale, Head Of Harbor, NY homes for sale, Nesconset, NY homes for sale, Nissequogue, NY homes for sale, N. Patchogue, NY homes for sale, Old Field, NY homes for sale, Patchogue, NY homes for sale, Poquott, NY homes for sale, Riverhead, NY homes for sale, Rocky Point, NY homes for sale, Ridge, NY homes for sale, Shirley, NY homes for sale, Selden, NY homes for sale, Shoreham, NY homes for sale, Smithtown, NY homes for sale, Sound Beach, NY homes for sale, Stony Brook, NY homes for sale, Wading River, NY homes for sale, Yaphank, NY homes for sale.



