Representation is important because it requires a Realtor who is representing you to be loyal to you and keep your information confidential, among other responsibilities.
An Exclusive Buyer Broker will seek out useful information about the seller and the property, such as:
- how much the seller paid for the property (this is public information)
- why the sellers are selling the property
- how long the property has been on the market
- if the home been listed before and not sold
- if there are potential problems with the property
- if it will be difficult for you to sell the property after you have purchased it
- if there are property value, airport noise, road, traffic, or neighborhood issues that could affect your enjoyment
- if there are issuse that may make this home a bad investment