Buying Colorado Springs Real Estate

What is a Buyer's Agent?

In any real estate transaction there are two sides. The sellers side and the buyers side.

When buying Colorado Springs real estate, here's how the process works. A home seller decides they want to sell their house.

Usually that seller will list thier home with a Colorado Springs Realtor. When the seller hires an agent, that real estate agent has a legal responsibility to represent that seller to the best of their ability. The agent is required to put that sellers interest before his own interests. (This is called a fiduciary responsibility.)

In Colorado, if you (as a buyer) approach a sellers agent to purchase a home, that agent can switch from being a sellers broker to being a "transaction broker." What that means is that legally the agent cannot give advice, recommendations, or advocate for either the buyer or the seller. That agent becomes a transaction facilitator, fighting for neither party.

But let me ask a question. Do you think--no matter how unintentionally--the former Sellers Agent might be a little in the Sellers corner since the seller hired him in the first place?

If you are a Colorado Springs home buyer, you really should consider finding a Realtor in Colorado Springs that you can like, trust and can work with to be your advocate. A buyer's agent is a real estate agent who stands in your corner to fight on your behalf.

What Comes Next?

A local real estate agent can help you through the home buying process. I am not an active real estate agent in Colorado Springs, but I can help you get the information you need to make an informed decision. Don't get overwhelmed. I'll help you find information, check out houses, and connect you with a great agent.

Not interested in buying Colorado Springs real estate? Return home.

Buy or Sell a House in Colorado Springs

A Bit of Advice: Work with someone you like.

Let me know how I can help.