The service of a Buyer's Agent is customarily free to the buyer as the seller typically pays commission to both agents. The Listing Agent represents the seller's interest and this is why many informed buyers would prefer to have their own interests represented by a Buyer's Agent.

Many buyers feel they can negotiate a better price by entering into a transaction without agent representation. Unfortunately, some learn the hard way that the skill and knowledge of a Buyer's Agent would have been substantially beneficial.Having access to detailed market information, typically available only to licensed real estate professionals, can save valuable time and money.

While some listing agents will compromise a small percentage of their commission if a buyer is without representation, many will not. Even if the listing agent does agree to reduce his/her commission 1% - 1 1/2% for a buyer without an agent, chances are your own buyers agent is savvy enough to negotiate a better deal.

Remember, it is a full time job for the real estate agent to know the market and negotiate the best deal based on the factors affecting the transaction. Regardless of how many homes you have listed or purchased without an agent, there are many areas of real estate in which a licensed real estate agent can assist. 5 Secrets for Buyers