Why you should have a buyers agreement

WHY BUYER AGENCY CONTRACT?

COMPARING SERVICES PROVIDED TO CLIENTS AND CUSTOMERS

**If in a dual agency situation, then full disclosure, undivided loyalty & confidentiality are withheld.**

NEEDS ASSESSMENT- SUMMARY OF DIFFERENCE

Buyer - Customer

Buyer - Client (Under Agency Contract)

Maintain loyalty to seller's needs.

Pay full attention to the buyer's needs.

Tell seller all that you learn about buyer.

Buyer can talk freely.

Focus on the seller-client's property.

Suggest alternative solutions.

PROPERTY SELECTION - SUMMARY OF DIFFERENCE

Buyer - Customer Buyer- Client (Under Agency Contract)

Get the best offer for the seller-client Find the best property for the buyer-client.

Limit properties to listed properties only. "Leave no stone unturned."

Lower level of responsibility to buyer-customers. First opportunity to view new listings. (Includes "for sale by owners)

Show properties listed within buyer's affordability range. All properties are available.

VIEWING PROPERTIES - SUMMARY OF DIFFERENCE
Buyer-Customer		Buyer- Client (Under Agency Contract)
Just the facts.		Ok to give advice with facts.
Protect the seller.		Educate the buyer. Provide CMA & interpret for the buyer.

NEGOTIATING THE PURCHASE AND SALES AGREEMENT - SUMMARY OF DIFFERENCE

Buyer - Customer Buyer - Client (Under Agency Contract)

Disclose only material facts about the property to buyer-customer. Educate the buyer.

Negotiate on behalf of seller-clients. Negotiate on behalf of buyer-clients.

Volunteer a CMA for the buyer only if it supports the seller-clients' listing price. Provide price counseling for a buyer-client.

Attempt to negotiate approved protective clauses into the purchase agreement to protect seller-client. Suggest approved protective clauses for the purchase agreement to protect buyer-clients.

Suggest financing alternatives to buyer-customer in order to help benefit the seller-client's interests. Suggest financing alternatives that may be in buyer-client's best interests.

Continue services to seller-client during negotiations Continue services to buyer-client during negotiations.

Strengthen of the seller-client's negotiating position. Strengthen the buyer-client's negotiating position.

Share all information about buyer. Share all information about seller.

Print the Buyer Contract

Servicing Edmonton, Leduc,
Nisku, Beaumont, Calmar, Devon, Thorsby, Millet, Spruce Grove and Stony Plain.
Phone: 780-986-2900 Fax: 780-986-4985 Phone (Toll Free): 1-877-606-SELL
RE/MAX Real Estate 8, 5901 - 50th Street, Leduc, Alberta T9E 8E3