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Buyer's Agent

A licensed real estate agent who represents the homebuyer's interests throughout the purchasing process. Your buyer's agent helps you find properties, negotiate offers, and navigate inspections and closing. The buyer's agent commission has traditionally been paid by the seller, though recent industry changes may shift some costs to buyers. Working with a buyer's agent is free or low-cost for most homebuyers.

Why It Matters

Buyer's Agent is one of the steps you will encounter on the path from house hunting to holding the keys. Knowing what to expect at each stage reduces stress and helps you make better decisions under time pressure.

Stay organized and communicate proactively with your real estate agent, lender, and other professionals involved in buyer's agent. Delays and misunderstandings at any step can push back your closing date or cost you money.

Related Terms

Real Estate AgentClosingEarnest Money

Tools That Use This Concept

MMortgage Payment CalculatorMAffordability CalculatorMClosing Costs Guide
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