Henri Gourd 914-954-3897 henrigourd@bhhsne.com Fo SOLD It has been widely reported that the way a buyer's real estate agent gets paid is about to change. Historically a buyer's agent would be compensated through a co-broke arrangement with the seller's agent effectively sharing the commission. In the future buyers will be compensating their agents directly, the same way they pay their accountant or attorney. This column is too short to list all the ways a buyer's agent earns his fee but some of the highlights include: Protect the buyer's interest and confidentiality throughout the buying process; Work with buyers to assess wants and needs to identify the optimal property: Explain the roles and relationships of the various parties; Explain what the buyer can expect in terms of timing and seller response; Walk a buyer through the many documents that need to be signed; Provide a general market overview and specific analysis of the property being considered; Negotiate with the seller's agent to craft an acceptable offer: . Track dates as outlined in the contract to make sure buyer stays in compliance with the stated terms; and, Coordinate with third parties (inspectors, appraisers, attorneys, etc.) to ensure a smooth and timely closing. BERKSHIRE HATHAWAY Home Services New England Properties Selling it all, from cottages to castles! Henri Gourd 914-954-3897 henrigourd@bhhsne.com Fo SOLD It has been widely reported that the way a buyer's real estate agent gets paid is about to change . Historically a buyer's agent would be compensated through a co - broke arrangement with the seller's agent effectively sharing the commission . In the future buyers will be compensating their agents directly , the same way they pay their accountant or attorney . This column is too short to list all the ways a buyer's agent earns his fee but some of the highlights include : Protect the buyer's interest and confidentiality throughout the buying process ; Work with buyers to assess wants and needs to identify the optimal property : Explain the roles and relationships of the various parties ; Explain what the buyer can expect in terms of timing and seller response ; Walk a buyer through the many documents that need to be signed ; Provide a general market overview and specific analysis of the property being considered ; Negotiate with the seller's agent to craft an acceptable offer : . Track dates as outlined in the contract to make sure buyer stays in compliance with the stated terms ; and , Coordinate with third parties ( inspectors , appraisers , attorneys , etc. ) to ensure a smooth and timely closing . BERKSHIRE HATHAWAY Home Services New England Properties Selling it all , from cottages to castles !