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Reason # 1

While historically 95% of the time the Buyer’s Agent sales commission has been included in the sales price, and a Buyer's Agent Commission was also part of the sales price of most, if not all of the comparable sales that the seller used to set the sales price on the property you want to purchase. So this amount, owed to your Buyer's Agent for 100% REPRESENTING ONLY YOU, typically has been paid at closing, as part of the sales price.

STARTING JULY 1, 2024 INDIANA LAW HAS CHANGED, AND IF YOU ARE NOT REPRESENTING YOURSELF AS THE BUYER, THEN YOU MUST HAVE A WRITTEN CONTRACT WITH A BUYER'S AGENT TO REPRESENT YOU!

AND, GREAT AGENTS LIKE MITCH HAVE BEEN ASKING THE SELLER TO PAY YOUR AGENT'S COMMISSION, AS PART OF THE PURCHASE AGREEMENT, FOR YEARS!

So, with your Buyer’s Agent’s commissions being paid by YOU, typically as part of the purchase price, it just makes sense to have an experienced Real Estate professional, who has a legal and ethical obligation to work ONLY for YOUR best interests, on your side .

Reason # 2

A Buyer’s Agent can save you as the BUYER thousands of dollars during the negotiating process.

When a BUYER works with a Buyer’s Agent the SELLER does NOT have access to information like how much mortgage you have been pre-approved for, what other homes you may have looked at and what you might be willing to pay for the SELLER’s home .

Reason # 3

Only a Buyer’s Agent can advise you, as the BUYER, regarding what an initial offer should be, how much to counteroffer during the negotiation process, and ultimately what is a good purchase price for a property.

Only a Buyer’s Agent can help prepare a Purchase Agreement that is worded to address your best interests as a BUYER.

Reason # 4

While ALL Agents must disclose everything they know, good and bad, about any defects or conditions of a property only a Buyer’s Agent is legally and ethically obligated to share 100% of what they also know about the value or marketability of a property you want to purchase.

Reason # 5

Only a Buyer’s Agent must 100% of the time recommend a qualified, independent home inspector who will solely represent your interest’s as the BUYER’s verses those of the SELLER

Reason # 6

Only a Buyer’s Agent is 100% legally and ethically obligated to put the BUYER’s interests first.

This means only A Buyer’s Agent is legally obligated to get the lowest Price with the best terms for you as the BUYER.

Reason # 7

A Buyer’s Agent MUST BECOME a Limited Agent to work with you as a Buyer whenever the Property is listed by them or by the Agent’s Managing Broker.

When you call the phone number on the sign in a yard, window or advertisement, but don’t talk with the Listing Agent, there is still a real possibility that the home was listed by the Managing Broker of the Listing Office. When that happens any Agent, legally tied to that office/Broker, MUST automatically become a Limited Agent to work with you as the BUYER. And just like in reason three above, a Limited Agent can NOT fully advise the BUYER as they normally would if they were a Buyer’s Agent.

Reason # 8

A Listing Agent can ONLY work as a Limited Agent when working with both, a BUYER and the SELLER on the same Property.

A Limited agent can share information with you as the BUYER about what other comparable properties have sold for. But a Limited agent is not obligated or allowed to explain the other comps when the price or purchase terms on the other homes do NOT support the SELLER’s price and terms.

Reason # 9

Listing Agents are legally obligated to withhold information from you as a BUYER.

Listing Agents cannot share with a buyer what purchase price a Seller might accept or reasons NOT to buy a property since disclosing this information is not in the best interests of the SELLER

Reason #10

Listing Agents work for the SELLER NOT for you as the BUYER.

Listing Agents have a legal obligation to disclose all known information about a BUYER and to get the highest price with the best terms for the SELLER