The full explanation
A buyer's agent helps you find homes that fit your needs and budget, gives you information about neighborhoods and property taxes, prepares and presents your offer, negotiates with the seller and guides you to closing. Their commission is negotiable and not set by law; it is written into the agreement you sign with your agent. On the Closing Disclosure, the agent appears in the contact table, usually with a state license number.
An example
Before touring homes, Rosa talks with several agents, asks what they charge and which services are included, and picks one who knows the area where she wants to live.
You will see it in…
- The written agreement you sign with your agent
- The offer and purchase contract your agent prepares
- The Closing Disclosure contact table (“Real Estate Broker (B)” and “(S)”)
