Buyer Agency
Choosing an AgentBuyer Agents
In Vermont and New Hampshire, you can choose to represent yourself or work with a professional real estate agent. If you decide to have professional support, a buyer agency agreement is required before viewing homes with an agent who can advocate for your best interests.
A buyer agency agreement is a written contract that formally establishes the relationship between you, as a homebuyer, and your real estate agent. It’s like a handshake in writing—it sets clear expectations and protects both you and the agent throughout the home-buying process. Here's how it works in Vermont (VT) and New Hampshire (NH):
What DoesA Buyer Agency Agreement Do?
Clarifies Representation:
When you sign a buyer agency agreement, your agent becomes your advocate. They are legally obligated to act in your best interests at all times, whether it's negotiating the best price, uncovering potential issues with a property, or explaining the next step.Defines the Scope of the Relationship:
The agreement lays out the details of how you'll work together, such as:- The specific services your agent will provide. With Hall Collins, you know you will get a full service agent. We do our research on comparable sales, offer professional recommendations for vendors, contractors, inspectors, attorneys, lenders and more. We guide you step by step through the process. With us, you know what will come next and you can feel confident that we will always be looking out for your best interest. Take a look at our testimonials if you want some proof!
- The time frame for the agreement.
- The geographic area, budget and type of properties you’re searching for.
Outlines Compensation:
The agreement will detail how your agent’s compensation is handled. This is always negotiable and a common item to negotiate with sellers during an offer.
Why Is It Important?
Without a buyer agency agreement, an agent could work with you but might actually owe their loyalty to the seller. That means they would be obligated to get the best deal for the seller—not for you. Signing this agreement ensures your agent is always working in your corner.
A Simple Step Toward a Smooth Home Search
The agreement is straightforward and flexible, designed to make your home-buying journey easier and stress-free. If you have questions or concerns, your agent is there to walk you through every detail.
In Vermont and New Hampshire, buyer agency agreements are a standard and helpful part of buying a home. They provide clarity, accountability, and peace of mind, so you can focus on finding the home you love.