Traditional real estate brokerage assumed that all the brokers involved in a transaction were acting in the best interests of the Seller of the property. That is, they were agents of the Seller. When this was true, the agents owed the Seller specific duties to disclose information about the Buyer. This information may not have been in the Buyer's best interest.

How is Buyer Agency created?

Buyers have the right to hire a real estate broker as their agent as well. When Buyer Agency is created, the buyer becomes THE client, and the real estate broker can offer services they could not offer as a Seller's agent. Buyer Agency allows you to "hire" us as your agent throughout the process of finding your new home, determining its value, helping with financing terms, and consulting about negotiating strategies.

It's FREE to you, the Buyer!

How is the Buyer's Agent paid? From the listing broker's (the Seller's Agent) marketing fee, commonly called the commission. It has already been set aside from the seller's proceeds as a term of the listing agreement. An aggressive listing broker uses that fee to accomplish the sale of the property by sharing it with any agent who brings a successful buyer into the transaction. In other words, the buyers agent is paid from the commission of the Listing Broker. It doesn't cost you, the buyer, a cent!

How does it help you, the Buyer?

Village Realty Inc. has specialized knowledge we can use to your advantage. On your behalf, we can:

• Help to determine how much property you can afford.
• Help you select the best properties from those available on the market.
• Determine appropriate values for individual properties.
• Show you how to structure an offer with your best interests in mind.

When you say Yes to Buyer Agency, you can feel free to confide in your broker. We become your employee. You can feel free to share your concerns and expectations about your anticipated property purchase. We can plan negotiation tactics without fear of compromise.

How do our Buyer Brokerage professionals help you?

Qualified Buyer Brokerage professionals help you:

• Determine your housing price range.
• Locate the house of your choice.
• Negotiate affordable price and terms.
• Handle closing to your best advantage, and more.

We help you with a preliminary look at your income, assets, liabilities, and anticipated housing costs to help determine a realistic price range for your new home. With this information, we can estimate loan and closing costs, prepaid costs, reserves, prorations, and your monthly investment.

Recognizing that sellers are represented by many firms, we will work with the entire real estate community to introduce you to a selection of homes that meet your requirements and preferences—and weed out countless houses that simply don't "fill your bill!"

We will contact you as often as needed to tell you about new homes on the market or price changes for homes you have already seen.