Local Knowledge is Critical for Maine Property Buyers
No One Knows Coastal Maine Real Estate Like We Do
Finding your dream property has never been easier!
Buyer Representation for Coastal Maine Real Estate
There is a home somewhere on the coast of Maine that's perfect for you and it's our job to help you find it. We'll also help you
negotiate your way to owning it. As you no doubt already know, the real estate buying process is becoming increasingly complex, with
rapid changes and varying conditions in local markets. Our job, as experienced coastal Maine real estate professionals, is to offer
local CoastWise knowledge .
Finding your dream property on or near the coast of Maine has never been easier!
As a newcomer to Maine, you'll appreciate the services that only an Buyer's Broker can give to newcomers. More and more buyers are finding this type of representation to be an enormous advantage in finding their dream home. And we've been representing real estate buyers on or near the coast of Maine since 1997. Please take a few minutes to look at our Testimonial Page which contains letters from our satisfied clients.
What is a Exclusive Buyer's Broker?
An Exclusive Buyer's Broker represents the consumer who is purchasing the property in a real
estate transaction. This agent owes full fiduciary responsibilities to the real estate buyer. The buyer's agent works for the buyer
client and has the client's best interests in mind throughout the entire real estate transaction process.
As a consumer, how often do you buy real estate property? Once, twice, three times in your lifetime? Purchasing real estate is a complex and major transaction with many details to be handled. In the majority of cases the seller will be represented by an agent. Wouldn't you want to have complete and fair representation in the real estate transaction? The Exclusive Buyer Broker is duty-bound to protect their clients' best interests. Research by the NATIONAL ASSOCIATION OF REALTORS® has shown that when a buyer agent is used, the prospective buyer found their home one week faster and examined three more properties than those consumers who did not use a buyers agent.
Who Pays the Exclusive Buyer's Broker?
Almost without exception, the seller is going to pay an average of 6 percent of the sales price to a real estate firm. Most sellers
agree to allow the listing agent to split the commission with the buyer's agent, which means the seller is paying the buyer's agent to
represent the buyer against the seller. While many people think that whoever is paying the agent is the one getting the best
representation, courts have made clear that paying an agent does not automatically mean the payor is the client.
Why would a seller agree to allow half of the commission to go to a buyer's agent who is representing a buyer against the seller? Simple -- the seller wants to sell. And as some real estate agents note, the transaction (your purchase money) really funds the commission. The whole idea here is fairness: If the buyer is bringing the money to the table to buy the house, shouldn't that buyer get representation? Finally, after nearly a century, the answer is yes.
of using an Exclusive Buyer's Broker
Using a Buyers Representative offers the consumer many benefits.
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The Belmont Inn - Camden, Maine
The Belmont Inn's Bed and Breakfast porches and spacious living rooms invite relaxing. The guest inns rooms are large, bright, and comfortably appointed, all with private baths and air conditioning. After a night of Camden ME lodging and one of The Belmont's acclaimed breakfasts, you have endless options to fill your days along the mid-coast of Maine.