The Baltimore Sun
For the homebuyer, it sounds like a deal, hiring a real estate agent who looks out for buyers, not sellers, and having the seller pay.
Buyers need someone on their side when making what's often the biggest purchase of a lifetime, agents who represent buyers advise.
But real estate brokers warn that buyers first should understand the contractual obligation they're creating.
For instance, if a client hires a buyer's agent, then finds a home to buy on his own, he still owes the agent a commission.
Exclusive buyer's agents or brokers do not list homes for sale and only take buyers as clients. Other agents, typically those who work for large companies, work as buyer's agents in some sales and seller's agents in…