S hould two separate clients of the brokerage firm become interested in the same property, at or near the same time, the clients that make the first offer to purchase the property will be allowed to complete all negotiations related to that offer before any other client can move forward on the same property. T he purchaser will cooperate with the real estate agent by providing true and accurate personal and financial information. Y ou shouldn't commit to a Buyer Agent on a long term basis until you are comfortable that the agent will be committed to you. T he purchaser acknowledges that the buyer agent will be putting in a lot of time and energy scouring the marketplace for all the homes that best suit the purchasers needs. The purchaser will not work with any other real estate agents during the term of the agreement.
T here are many methods of compensation for a buyer agent.
The most common is having the agent's commission paid by the seller from the proceeds of the transaction. Since most real estate agents are willing to give up a portion of the listing commission to the agent that brings about a buyer ready willing and able to purchase, you can request that your agent be paid that from the proceeds of the transaction. For other methods you should consult personally with your exclusive buyer agent. Incorrectly Every seller wants to realize as much money as possible when he sells his home. But a listing price that is too high often gets the seller less than a price that is at market value.