Who Do You Want To Represent You?

When I first became a realtor, showing property was easy. I represented the seller, was compensated by the seller, with no relationship or obligation to the buyer. It was a "Buyer Beware" era.

Several years ago, the Missouri Association of Realtors (MAR) made changes for the better, and today, in the state of Missouri, there are many ways to represent Buyers. So before I set out to show clients property, I start by going over the types of relationship between buyers and agents. The most common is to work for the buyer as a Buyer's Agent.

Under this agreement, Broker is a Buyer's limited agent with the following duties and obligations:

To perform the terms of a written agreement made with the buyer; to exercise reasonable skill and care for the buyer; and to promote the interest of the buyer with the utmost good faith; loyalty and fidelity.

Another way, if the Agent has the property marketed, is to become a Dual Agent, representing both Seller and Buyer.

Additionally, an Agent can become a Transaction Broker: representing neither Seller or Buyer.

If you're ready to buy a home this year, come and see me. I'd love to explain Buyer's Agency in detail.

Preview you all my homes at: www.kayvankampen.com.