What is the Buyer Agent’s responsibility?
A Buyer’s Agent owes all of their fiduciary responsibility to their client, the Buyer. The same obligations apply under the law of agency to Seller’s Agents as Buyer’s Agents. As long as you are representing a client, or principal, you owe that client confidentiality, diligence, full disclosure, obedience, loyalty, and a full accounting of all funds. Buyer’s Agents can assist and guide Buyer clients in determining property value, framing offers, and in navigating the complex process of negotiation. Their diligence is extremely valuable to their clients, and their counseling abilities may afford Buyers an added level of confidence in the buying process.
