Category: Buyer’s Agent Basics

The Million Dollar Question: Who Pays Buyer’s Agent?



June 9, 2010Please see our page "How Colorado Buyers Agents get Paid" for the latest 2024 changes as a result of the $418M NAR settlement, set to take effect in mid July, 2024 The way your buyer agent will be paid is included in your buyer’s agent agreement.    These can be: 1)     A commission paid at closing to the buyer's agent based on the total sales price of the...

What is the difference between an Exclusive Buyer’s Agent and a traditional Real Estate Agent?



May 5, 2010The difference between an Exclusive Buyer’s Agent and a traditional Real Estate Agent is that buyer's agent works only for people that are buying houses, while Real Estate Agents work for people that are selling houses and buying houses. Why does it matter? My favorite analogy that I heard was: if you get sued, are you going to hire the same lawyer representing the person suing you? It’s...