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Accredited Buyers Representative (ABR®) vs Buyer’s Rep

ABR® vs. Buyer’s Rep: A REALTOR® Designation

A buyer’s representative (or simply buyer’s rep) is a licensed real estate professional who represents prospective homebuyers in their property transaction. If you’ve formalized an agency relationship, typically by signing a buyer’s rep agreement with a buyer’s rep, you can expect him or her to:

  • Understand your specific needs and wants, and locate appropriate properties.
  • Assist you in determining how much you can afford (pre-qualify your mortgage).
  • Preview and/or accompany you in viewing properties.
  • Research properties, to identify any problems or issues you should consider.
  • Advise you in formulating your offer.
  • Help you develop your negotiation strategy.
  • Provide a list of potential qualified vendors (such as inspectors, attorneys, lenders, etc.) for other related services that may be needed.
  • Keep track of all the details throughout the entire transaction–to closing and beyond.

In other words, a buyer’s rep should make your homebuying experience go as smoothly and successfully as possible.

But not all buyer’s reps are equal. A buyer’s rep who has earned the Accredited Buyer’s Representative (ABR®) REALTOR® designation has made an extra effort to raise the bar, with additional training and experience in serving you, the homebuyer. If you work with an ABR®, you can feel more confident that you’ll receive the highest level of buyer-representation services

For questions regarding Coeur d’Alene real estate such as golf course homes, building lots, residential and waterfront properties, please contact Kevin & Carol at 208-818-0002.

 

Copyright Real Estate Buyer’s Agent Council. Reprinted from REBAC.net with permission