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Finding a real estate agent is no longer a gamble. Use our free confidential screening
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History of Buyer Agency
Until the 1990's, unbeknownst to most home buyers, almost all real estate agents represented
the owners of the houses they were showing. Consequently, even if an Agent became friends with
their prospective purchasers, they were required by the Laws of Agency to reveal any information
they obtained from the purchaser to the seller of the home on which they were making an offer.
Purchasers were considered to be "customers," and although they were usually treated fairly and
honestly, they were at a disadvantage when it came to negotiating price and terms of the real
estate transaction.
Legally the selling Agent could not suggest an offering price other than the asking price, nor
could they point out negative aspects or deficiencies of the property to the prospective buyer.
The efforts of consumer advocates have brought about a dramatic change in the representation of
home purchasers in the real estate transaction.
Now purchasers have the option of being specifically represented by a Buyer Agent who will work
diligently and in the best interest of the buyer in every aspect of the real estate purchase transaction.
To find and compare Buyer Agents, based on their experience, skills, past customer reviews,
etc, CLICK HERE.
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REALTOR® Spotlight:
Theodore Theologis & Judy Shenefield - Long & Foster Real Estate.
Specializing in helping clients with their Northern Virginia real estate needs.
Click here for more info.
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TAKE CONTROL:
Find & Compare local Fairfax County & Northern Virginia REALTORS® for FREE.
Finding a real estate agent is no longer a gamble. Use our free confidential screening service to find the best local real estate agent for you.
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