Buyers Advocate vs. Real Estate Agent: What's the Difference?

When buying a house or property, you might want to know the difference between a home buyer's advocate and a real estate agent. Although they are similar in some ways, there are significant differences between them.

A buyer's advocate or agent is a licensed professional representing a home buyer and protecting their interests. In contrast, a real estate agent represents a property or home seller and negotiates for the seller's best interests. See the difference? Although a real estate agent can also help a home buyer purchase a home, they lean toward the seller's best interest and try to sell the home at a higher price for a higher payday.

If you are buying a home, consulting a home buyers advocate is your best bet since they can help you get the best home at the best price. On the other hand, if you are selling a home—your best option would be to talk to a real estate agent.

Here are the things a buyer’s advocate, and a real estate agent can do for you:

What can a home buyer's advocate do for you?

The main reason for hiring a buyer's agent is to ensure that you get the best value for a home or property you are about to pay for or commit to. A buyer's agent will help you manage all aspects of the buying process—including meeting with the real estate agent selling the home on the seller's behalf.

Part of a buyer’s advocate's job is to:

• Select the best property on the market by searching for every listing and publicly advertised property.

• Determine the market value of a property.

• Offer buyers investment advice.

• Negotiate to get the best price for a property you wish to purchase.

• Arrange inspections and evaluate the property to ensure the buyer gets a good deal.

The point of hiring a buyer's agent is to secure the best property for you at the right price before anyone else beats you to it. An excellent buyer's agent should be licensed and do their best to save the buyer's money and find the best property with their experience and connections.

Who pays the buyer's agent?

The buyer's agent is paid a fee by the buyer only and not the seller. Depending on your initial agreement, they are usually paid a flat fee or percentage. If you are getting a home below market value, paying them would be worth every cent.

What can a real estate agent do for you?

A real estate agent represents home sellers, and they manage everything aspect of selling a property. Their responsibilities include:

• Creating listings and marketing content, such as photos, videos, virtual tours, etc.

• Make buyers interested in the homes they are selling.

• Negotiate the highest price possible for the property you are selling.

Real estate agents have a bad reputation for being dishonest when selling homes since their goal is to sell and get paid by commission. However, this does not apply to all realtors. However, if you are a buyer, hiring a buyer's agent is the best way to purchase a home at the true value and a reasonable price—no matter what a real estate agent appraises the value at.

Who should I hire?

The answer is simple: if you sell a home, go to a real estate agent. If you are buying a home, FNQ Buyers Agent is an example of a trustworthy and licensed buyers agency.

The manner in which you decide to purchase your property, ensure you pick an expert, experience land expert who has a demonstrated history for assisting their clients with accomplishing their objectives.