Buyer representation as a single agent is much different than acting as a transaction broker with limited confidentiality in a transaction. What kind of representation are you looking for when you hire a true buyer’s agent? Do you want undivided loyalty, obedience, reasonable care and diligence, FULL confidentiality, FULL disclosure, and accounting? Is this the type of representation you seek? Hiring a qualified Accredited Buyer Representative is the the type of agent you will need in your next real estate transaction if you are looking for an agent with the above fiduciary duties. Do you know the difference between a transaction broker and a single agent when it comes to representation in a real estate transaction? It is presumed that an agent is representing you as a transaction broker unless the agent has disclosed in writing that they are representing you as a single agent or in a no brokerage relationship. Can an agent represent a seller as a single agent? Yes, an agent can represent a seller as a single agent. This means the agent has undivided loyalty, obedience, reasonable care and diligence, FULL confidentiality, FULL disclosure, and accounting fiduciary duties to the seller. Knowledge and education is important when making a very important decision and investment. Hire an expert to represent you when making such an important purchase.
