Terms that are on use on this site.
There are 59 entries in this glossary.| Term | Definition |
|---|---|
| Buyer\'s Agent |
A Realtor who acts contractually on behalf of the buyer. Traditionally, and still in most cases, the Realtor is the Agent of the Sellers and is paid by them out of the proceeds of the sale. A Buyer\'s Agency Agreement allows a Realtor (with full disclosure to the sellers or their agent) to negotiate on behalf of the buyer, with no legal conflict of interest. The seller still pays the Buyer\'s Agent fees, but this is always spelled out and acknowledged in the Offer to Purchase. |
Dave has arranged 2 mortgages for me in the last year and I was very impressed with his professionalism . Each time Dave was very efficient dealing with all the necessary paperwork and found me the best deals available. I would not hesitate in recommending his services.


