As a good buyer agent, he should follow some of the prescribed responsibilities. It is legally true but, not legally registered. At least they should have courtesy not to cheat the faith of innocent buyers. Buyers come to agents so that they can get help in buying a home or property. People believe in Buyer Agents hence, the agents should carry on the work with good manners and responsibilities. The agents should protect the confidentiality about their client’s financial I formation because clients share their budget and other financial details liberally with their agents. Agents should negotiate and deal fairly for the convenience of buyers. The Buyer Agents should disclose all the details related to the property. For example if the same property is shown to two different buyers then the agents should disclose about this to both the clients. The agents also owe responsibility to connect their clients with other necessary service providers like lenders, inspectors and home warranty companies.
The Responsibilities Of Buyer Agents
Buyers are confused about their requirements still, they should have clear picture about their future. The responsibilities of buyers towards agents say not to keep the agents under dark. The buyers should communicate clearly with the agents or else the incomplete information may lead to misunderstandings or further confusions. For example buyers should clearly specify the budget for investing on home. This helps the buyer agents to short list all the properties or projects within the budget. Buyers should believe in their buying agents. Buyers should work smoothly with the agents however all mediators are known as second party dealers so no personal information should be shared with them. For any given time, each buyer should have only one agent. The buyers should help the agents to streamline the process of showing. All these responsibilities should be mutually followed for better understanding the relationship between a buyer and an agent.