Why Use an ABR®: REALTORS® Experienced in Buyer Representation

Buying a home is no small matter. Besides being the largest financial transaction you may ever undertake, it’s probably also the most complex. There are many good reasons to work with a qualified real estate professional—especially a trained professional who has earned the Accredited Buyer’s Representative (ABR®) designation, representing best-in-class buyer services. When you look for an ABR® before you look for a home, you’ll be served, not sold. Your interests become their interests. And you’ll be working with someone who has gone the extra mile by completing specialized training in delivering the best in buyer-representation services. Plus, a REALTOR® who has an ABR® Designation also has an established track record, with proven experience in representing the concerns of homebuyers.

Descriptions of Agency: The Buyer Agency Agreement
 

There are agents, and then there are agents. Yes, it sounds confusing. That’s because the term “agent” is often used in a casual manner, referring to any real estate practitioner.

But agent also refers to someone with whom you’ve established a formal agency relationship—someone who represents your best interests in a real estate transaction and owes you fiduciary responsibilities. Agency relationships are usually established in writing with buyer agency agreements, and require:

  • loyalty
  • obedience
  • disclosure
  • confidentiality
  • reasonable care and diligence
  • accounting

ABR® vs. Buyer's Rep: A REALTOR® Designation
 
A buyer’s representative (or simply buyer’s rep) is a licensed real estate professional who represents prospective homebuyers in their property transaction. If you’ve formalized an agency relationship, typically by signing a buyer’s rep agreement with a buyer’s rep, you can expect him or her to:

  • Understand your specific needs and wants, and locate appropriate properties.
  • Assist you in determining how much you can afford (pre-qualify your mortgage).
  • Preview and/or accompany you in viewing properties.
  • Research properties, to identify any problems or issues you should consider.
  • Advise you in formulating your offer.
  • Help you develop your negotiation strategy.
  • Provide a list of potential qualified vendors (such as inspectors, attorneys, lenders, etc.) for other related services that may be needed.
  • Keep track of all the details throughout the entire transaction—to closing and beyond.

In other words, a buyer’s rep should make your homebuying experience go as smoothly and successfully as possible.

But not all buyer’s reps are equal. A buyer’s rep who has earned the Accredited Buyer’s Representative (ABR®) REALTOR® designation has made an extra effort to raise the bar, with additional training and experience in serving you, the homebuyer. If you work with an ABR®, you can feel more confident that you’ll receive the highest level of buyer-representation services. 
 

 Call Us Today If You Are Buying a Property!


Ask me or any member of the The Maribel X. Reyes Team ANY question about listing and selling your home or property. Or request a free consultation on how we would customize a marketing plan for your home in East Meadow, Merrick, Bellmore, and the surrounding towns in Long Island or Queens area! There’s no obligation, and I promise we will get back to you quickly…  Call or text (516) 655-8802.