Real Estate Buyer Representation (ABR): Explained

You know those letters behind many Realtor’s® names on their business cards…?   What are they and what do they mean to a real estate buyer or seller?  Well I thought I’d help de-mystify that just a little today by blogging about the ABR® behind my name.  ABR® stands for Accredited Buyer’s Representative®.  What is it?  It’s an accreditation I’ve earned through hours of training and continuing education on all topics pertinent to buyers.  It associates me to a network of information and assistance when I need it.  They are part of “My Team” known as REBAC (Real Estate Buyer’s Agent Council).

Buyer’s haven’t always had full representation like sellers have.  When you sell a home, you expect to sign a contract with your selected Realtor® to represent you and your interests in selling your home.  Now buyers have that same right and representation when they work with an  ABR® Realtor®. It’s called a Buyer Agency Agreement.   Their Realtor® is committed to their cause of finding a home, preparing a contract (Purchase and Sale Agreement), negotiating that contract on their behalf, following a code of ethics, educating the buyer on the steps of the purchase process all the way through closing and follow-up, all with the team of the ABR® network behind the scenes to support the process.

Does it make sense to go-it alone, or have the support of a team in your corner when making the largest single purchase?

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One response to “Real Estate Buyer Representation (ABR): Explained

  1. Pingback: Real Estate Negotiations: How Important Is It? « Terri Hermes' Real Estate Blog

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