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 In the history of the real estate industry, there has been a single approach to working with a real estate agent. If you wanted to purchase a home, an agent showed you properties on behalf of the sellers of those homes. As a buyer, you were not represented by anyone other than yourself. Negotiation over price and terms were entirely your responsibility.
Now there is another way to handle buying property. With buyer agency, your real estate sales associate acts on your behalf in all negotiations. That agent is committed to being your advocate in finding and purchasing your next home, and at no cost to you.
In many cities across the United States, buyer agency is used in the majority of home purchases. With buyer agency, all fiduciary duties are owed to the buyer, not to the seller. The buyer has the freedom to discuss personal finances, negotiating strategies and the value of properties with their buyer agent. The buyer can ask for the opinion of the buyer agent regarding the condition of the property, the effect of improvements, the seller's motivation for selling and a variety of other information thar the seller's agent cannot provide.
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| Q |
How can you give your home the equivalent of sunglasses?
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| A |
Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets. |
 See More Real Estate Trivia > |
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Kathleen Milinkovich
Coldwell Banker Residential Brokerage
484 Bloomfield Avenue
Caldwell, NJ 07006
973-618-2584
Fax: 973-226-0463
realestatenewjersey@NUMBER1EXPERT.com
Kathy Milinkovich, Sales Associate with the Caldwell Office of Coldwell Banker has been a real estate professional for 30 years. Based on gross commissions thru December 31, 2010, she is ranked # 47 and on total transactions, she is ranked # 41 in the state. She has been a perennial member of the NJAR Million Dollar Sales Club for the last 30 years.
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