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The Realtor's Role

The Realtor's Role

It's important for anyone buying real estate in the State of Wisconsin to understand buyer options and the REALTOR'S® role when purchasing a home. Once understood, a buyer may then take the necessary steps to assure they are properly represented in a real estate transaction.

OPTION 1: SELLING AGENT

With this option, the real estate agent you are working with to purchase a home is actually a subagent to the real estate firm who has the house listed and is not your agent. You are a customer of the agent but not a client. There is no signed agreement between you and a selling agent so you do not have representation by a selling agent. A selling agent has the following duties in a real estate transaction:

  • Loyalty to the Seller
  • Negotiating the highest possible price
  • Structuring the offer in favor of the Seller's best interests

OPTION 2: BUYER AGENT

With this option, the real estate agent who is working for you to purchase a home is your agent and does not have a sub-agency role to any other real estate firms that represent a seller. A signed agreement must exist between you and your Buyer Agent per Wisconsin state statutes. Only a Buyer Agent may represent a buyer's interest ahead of the seller's interest in a real estate transaction. Your Buyer Agent can solely represent you on homes listed by other REALTORS, For Sale By Owner properties, and homes listed by your buyer agent or the real estate firm they work for through designated agency. A buyer agent has the following duties in a real estate transaction:

  • Loyalty to the Buyer
  • Negotiating the lowest possible price
  • Structuring an offer in favor of the Buyer's best interests

CHOOSE A LEADER AMONG REAL ESTATE PROFESSIONALS

Buyer Agency is designed to give buyers the opportunity to have their interests fully represented throughout a real estate transaction in the State of Wisconsin. There are many advantages for choosing to work with a Klapperich Buyer Agent.

GET REPRESENTATION

A Klapperich Buyer Agent can help you negotiate the best possible price, terms and conditions in an offer to purchase.

BUY VALUE

A Klapperich Buyer Agent can analyze a property to help determine both market and investment value.

SEE MORE HOMES

A Klapperich Buyer Agent can show you any home in the Multiple Listing Service, homes not listed for sale, For Sale By Owner properties (FSBO), and new construction.

If you are interested in talking with an agent to discuss how buyer agency may be beneficial to you, click here. If you would rather visit our agent page to review the profiles of our Sales Agents, click here.

Comparison of Duties and Services

Services and Duties Provided Seller's Agent Buyer's Agent
Provide accurate information
Treat you honestly and fairly
Disclose adverse material facts / defects
Keep your bargaining and financial condition confidential
Explain forms and agreements
Promote and protect your best interests  
Provide exposure to both listed and unlisted properties  
Determine if a property is overpriced  
Point out reasons why not to buy  
Negotiate the best price and terms for you  
Structure offer with your best interests in mind  
Recommend or suggest an offering price  
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