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Buyer's Agents: Are You REALLY working FOR the Buyer ?
       In Wisconsin, you are "an agent of the Seller" UNLESS you have a Buyer Agency agreement in place to allow an agent to work for the Seller.
   Taking the ABR(Accredited Buyer Representative) course may be recommended...but not required to serve in this capacity.
    What does being a Buyer's Agent really mean?  It allows the agent to pass along observations about the property...the pricing..the position in the market. Serving in this capacity allows an agent to perform and explain a valuation of the property to determine a price for an offer. Beyond that...the Buyers agent works on behalf of the Buyer for "all things negotiated in a contract". This can mean the date of closing..a Seller option to rent back and the terms that apply...the closing date...and the very much all important...home inspection...what needs to be fixed...or not...what might merit walking from the offer. Working with an experienced home inspector and learning various aspects of home construction...having reliable contractors in the trades to refer to when a question arises from the inspection are all very valuable things to have in the tool belt of a Buyer's agent.
   What is NOT valuable to the Buyer...to the Agent and his/her ... more

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