
What Is A Buyer's Agent?
- A buyer's agent is Licensed with Office of Fair Trading (NSW)
- A buyer's agent represents a prospective purchaser in buying real estate.
- A buyer's agent carries all necessary insurances
- A Real Estate Agency can sell and advertise property for a vendor and act as a buyer's agent exclusively for "the buyer". There are two completely different agreements as long as only one commission or fee is charged and there is no conflict of interest.
- A buyer's agent is regulated by the Property Stock and Business Agents Act and Regulations.
- A buyer's agent is subject to the Privacy Act, Anti Discrimination Act, NSW Fair Trading Act and Trade Practices Act.
|