Frequently Asked Questions

What is Buyer/Tenant Representation?

In every real estate transaction, there is a buyer/ lessee and/or a seller/ lessor. A Buyer's or Tenant's Representative is a licensed real estate broker that specializes in representing the best interests of the buyer/tenant.

Prospective buyers/tenants sometimes make the mistake of assuming they will save themselves time and money by dealing directly with the listing representative, not realizing that he or she represents the seller/lessor. Since each party to a transaction has competing interests, many buyers and tenants choose to work with their own broker.

Does using a Buyer's/Tenant's Representative increase the cost of purchase?

Use of a Buyer's/Tenant's Representative does not increase the amount of commission in almost all cases. The commission in a real estate transaction can vary from one brokerage to another and from one sale to another, but that commission is often divided between the selling agency, and the buying agency.

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