Here’s an explanation of the difference between a listing agent and a buyer’s agent.
I often get asked about the difference between a listing agent and a buyer’s agent. Today I’ll explain what makes them different.
A listing agent and a buyer’s agent are two separate agents that have two separate clients in the transaction. When you sell your home, you want to hire a listing agent. The listing agent is responsible for attracting qualified buyers by marketing your home, and they make sure that you get the best deal.
A buyer’s agent is hired to search for an appropriate house and get the buyer the best deal. They are responsible for negotiating on the buyer’s behalf and letting them know of anything that they should be aware of about the property or transaction.
The listing agent and buyer’s agent work together on the transaction. Their job is to make sure that the deal is a win-win for everyone. I highly advise working with an agent because they will advocate for you throughout this process. As a buyer, if you go directly to the listing agent, remember that their fiduciary duties lie with the seller, and you won’t be getting adequate representation.
If you have any questions on listing agents and buyers agents, feel free to give me a call or send me an email. I look forward to hearing from you.