Mortgage Glossary
Buyer's Agent
Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
A buyer's agent is a licensed real estate professional who represents the homebuyer's interests in a transaction.
What Buyer's Agent means
The buyer's agent finds properties, advises on price, negotiates terms, and guides the buyer through inspections and closing. Compensation arrangements have shifted recently, so buyers should confirm how their agent is paid before signing a representation agreement.
Florida example
A first-time buyer's agent in Orlando negotiated a $7,000 price reduction and a seller credit toward closing costs, then coordinated the inspection and appraisal timeline.
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