What’s the difference between a real estate agent and a buying agent? Is there?
Surely, there is a big difference. Real estate agents serve the seller or the vendor of the property while buying agents serve the buyers of the property for sale. According to Peter Kalaher, the director and founder of PK Property, “They (real estate agents) are actually working for the vendor to get the highest possible price, and that is, to extract that price out of you, the buyer.” This simply means that the proper agent you should approach to represent you when you’re selling a home is a real estate agent. On the other hand, go with a professional and experienced buying agent when you’re buying a property.
Therefore, if you want to get the least price possible for a certain property, seek the services of a buyer’s agent instead of a real estate agent. A buying agent will not just assist you in finding the best properties out there that meet your requirements. Such professional will also help negotiate the best price for you. With the right buyer’s agent, you can slash off a considerable amount of cash from the original price the sellers will present to you.
About the author – Lauren Carter is real estate investor who shares helpful insights on buying and selling properties through writing articles. Visit this link for more info.