New York Buyer’s Agency Disclosure Form
As an exclusive buyer’s agent, Elika has a fiduciary duty to our clients at all times. In addition, members of the National Association of Exclusive Buyer Agents (NAEBA) are also required to follow a strict Code of Ethics and Standards of Practice, which includes a duty to act on behalf of the buyer/client with due diligence, professionalism, and reasonable care, along with a commitment of undivided loyalty.
In other words, a buyer’s agent is legally bound to work for your interest. Their responsibility is to discover and pass along any information that helps you decide on a specific property. Experienced buyer’s agents can identify properties that could outperform and experts in negotiating the best price. A seasoned exclusive buyers agent performs comparative market analysis, much like an analyst, which traditional agents do not deliver to the same degree.
To learn more about New York State agency disclosure responsibilities, read our article about:
New York State Agency Disclosure Form for Buyer and Seller