For Buyer - Why Use An ABR® Agent?
  
To View:  "Buyer Agent Service Comparison"  (Click Here)
 To View:  "Buyer Brokerage Representation Agreement"  (Click Here)
 To View:  "Brokerage Relationship Disclosure"  (Click Here)  
    
                                       Only Good Negotiators
                                   Can Assure the "Good Deal"
                            
                 By Using An Accredited Buyer Representative ABR®
               You Are Assured Your Real Estate Agent Is One of the
                Most Experienced and Highly Trained in the Business
      
ABR® Real Estate Designation
   
The Real Estate Buyer's Agent Council, REBAC, is the industry's oldest and largest association of real estate practitioners, interested in buyer and seller representation. Founded in 1988, before buyer agency was considered a major issue on the marketplace, REBAC has become THE recognized authority on buyer agency issues.
   
The Accredited Buyer Representative, ABR®, professional designation is the benchmark of excellence in buyer agency services. Although more than 1 million people in the United States are licensed to sell real estate, less than 1 in 500 (.2%) have the higher skills necessary to earn the ABR® designation.

As an ABR® designee
Jack Barry will fully represent YOU,
and safeguard YOUR rights in the purchase of your home

Do I Need An Accredited Buyer Representative?
    
   
Buying a home is probably the most important purchase you'll ever make. Traditionally, all residential real estate agents represented the home seller. That was true of the "listing agent" who marketed the home for sale, as well as the agent who found the buyer. That agent - who helped the buyer find the right home - actually worked for the seller as a "sub-agent" of the listing agent. Under that traditional system, all agents were legally bound to represent the seller and the buyer had NO representation!
   
Buyers Now Have A Choice
  
 
Buyers no longer need to represent themselves during the home search and purchase while all agents legally represent the seller. Smart home buyers today can receive undivided confidential representation by choosing an Accredited Buyer Representative. In fact, 71% of home buyers surveyed in a recent Gallop Poll for the National Association of Realtors said they would use a buyer's agent next time they purchased. Now you, like the seller, can have someone on your side looking after your best interests.
   
How Can An Accredited Buyer Representative Help Me?
  
 
A buyer's agent owes the following duties to their home buyer: - Loyalty - Disclosure - Diligence - Accounting - Confidentiality - Reasonable Care – Obedience.  These responsibilities are defined by state law, the Realtors Code of Ethics, and general principles of agency law.
 
Who Needs An Accredited Buyer Representative?
  
To ensure you're buying smartly, you need a buyer's agent. If you're a first-time buyer, relocating or unfamiliar with the local real estate market, or buying for investment and need negotiating help you'll be best served by a buyer's agent who puts your interests first.
 
Can A Seller's Agent Or Sub-agent Truly Help Me Buy?
  
  
Without a buyer's agent, you're legally on your own. The seller's agent or sub-agent is, in fact, working for the seller and is the seller's legal representative. True, a seller's agent or subagent can offer buyers some services, including an explanation of available financing, calculation of costs, and presentation of your offer.
 
However, what a seller's agent cannot do is disclose to the buyer information not in the best interest of the seller, e.g., an opinion of the home's real value or what price and terms the seller would accept.
  
By effect of law, the seller's agent or sub-agent must negotiate on the seller's behalf and may not withhold information that could strengthen the seller's bargaining position. That means you, as a buyer, must not disclose to the seller's agent or subagent any information, financial or personal, that could possibly be used against you.
 
How Does One Become An Accredited Buyer Representative?
   
The Accredited Buyer Representative (ABR®) professional designation is achieved through a process established by the National Association of Realtors. This process includes advanced education, testing, and submittal of evidence in acting as an unaccredited buyer’s agent in multiple transactions. Furthermore, designees must be sponsored by current ABR professionals to vouch for their abilities, ethics and professionalism. Fewer than 1 in 500 real estate agents have earned the ABR® professional designation.
  
What Will An Accredited Buyer Representative Cost Me?
  
The right question may be, "What will it cost me if I don't use an Accredited Buyer Representative?"  Purchasing a home without representation is possibly the biggest financial risk one can make.

 There is no extra fee for the service of an Exclusive Buyers Agent!  The fact is fact, you are already paying for it...the commission paid to the agent who finds the buyer is paid out of the money YOU bring to the closing table to purchase the property.  That agent receives the same commission whether they  represent the Seller or represent you as an Exclusive Buyer Agent! 

A buyer's agent can guide you step by step in the process to avoid mistakes. Of course, failure to discover the actual value of the property or defects in the property can be very costly mistakes. With a buyer's agent you can freely ask for advice, and I act proactively to discover foreseeable problems.
  
Who Pays the Buyer's Agent Fee?  
  
There is no extra fee for the service of an Exclusive Buyers Agent!  The fact is fact, you are already paying for it...the commission paid to the agent who finds the buyer is paid out of the money YOU bring to the closing table to purchase the property.  That agent receives the same commission whether they  represent the Seller or represents you as an Exclusive Buyer Agent! 
 
I do NOT charge a fee to my buying clients for my services as an Accredited Buyer Representative. My fee is paid from the seller’s commission.  Now, even though my fee is paid by the seller, the seller is informed in writing that I represent, exclusively, the interests of my buying client. That, I, in no way owe any duties to the seller.
  
As result of my ABR® status, my buying clients enjoy the security of knowing that they have highly qualified, professional representation working for them, instead of the seller.

  To attain this designation, a real estate practitioner must complete an extensive classroom training program on buyer agency practices and procedures, pass a written examination and submit evidence of practical experience as a Buyer's Representative.
  
 

              A Buyers Representative offers many benefits.

 
  You know that  Jack has the necessary marketing and negotiating skills to effectively represent you in the residential real estate marketplace.  
 
  When using Jack Barry — an ABR® you the buyer know that you are fully represented throughout the real estate transaction.
  Evaluate the specific needs and wants of the Buyer and locate properties that fit those needs.
    
Assist Buyer in determining the amount that they can afford (pre-qualify), and then showing properties in that price range.
    
Assist in viewing properties and either accompany client on the showings or preview properties on behalf of the client to insure identified parameters are met.
  
Research selected properties to identify any issues to help the consumer in making an informed decision prior to making an offer on the property.
     
Advise Client on structuring a purchase offer.
    
Present offer to seller’s agent and seller on the Client’s behalf.
   
Negotiate on behalf of the Buyer the lowest price. Keep in mind that the buyer agent will be doing so with their clients best interests in mind.
 
Review and explain legal documents to a buyer client.
     
Recommend and assist in securing financing.
    
Provide a list of potential qualified vendors e.g. movers, attorneys, carpenters if these services are needed.

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Deciding to Buy or Sell a Home
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Jack Barry     727 344-7610     Cell 727 224-8821

Jack@JackBarryWaterfront.com
  

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