Buyers Agent

A Buyer's Agent is an agent that is paid by the homebuyer to represent their interests.  Unless stated otherwise, most real estate agents are seller's agents.  This means the real estate agent is paid by, and working on behalf of the seller of the home.  The seller's agent has a fiduciary responsibility to the seller of the home and they will negotiate for best price on the seller's behalf.

Working with a buyer's agent requires an agreement between the buyer and the real estate agent.  A buyer then becomes the client of the buyer's agent and their fiduciary responsibility is now with the buyer of the home.  This means the buyer's agent will work hard to negotiate the best deal for the buyer of a home.

If you enter into an exclusive buyer agreement, this normally ties you to just one agent.  That means you might owe the exclusive agent a commission even if you switch to another agent or agency later on.  Don't sign any agreement to work with a buyer's agent until you are comfortable with the arrangement.

You can always work with an agent as a seller's agent until you are more comfortable signing an agreement.  Never disclose confidential information to a seller's agent.