A Buyer's Agent is well worth it in a  slow market.A house listing used to be an agent’s best friend, but now a qualified buyer is a real gem.

There are not enough buyers out there. Think of it like this: for every 10 homes, there are two buyers. No matter how well-priced the other homes are, eight of them are not selling.”

In this slower market, agents have seen the upside in buyer’s agent contracts.Being a buyer’s agent is a switch in mindset, as house hunters and agents figure out their rights and duties.For both sides’ sake, contracts should be written, not verbal

What to get in writing before signing a buyer’s contract:

- What is the agent’s commission? Will it be negotiated with the seller’s agent and wrapped up in the price of the house?
- How will problems with commission and other contract terms be settled?
- What happens if the seller and the seller’s agent disagree with the buyer’s agent commission?
- What research will the agent do on each house?
- How long will the contract last?
- Is there a nonrefundable retainer fee to the agent or broker for signing the contract?
- If a deal is struck on a house that the buyers find on their own, is the buyer’s agent owed anything?
- After the contract expires, what is the agent owed if there’s a closing or deal on a house first shown by the buyer’s agent during the contract period? How long after the contract expires will the buyer be responsible for paying agent’s commission if such a deal is reached?

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