One reason why buyers are attracted to homes sold by the owners themselves is because of the savings in real estate commissions the buyer believes he will be saving. "Since the homeowner is selling the house himself, I don't have to pay a real estate agent any commission!" is what the buyer may be thinking.

There are however certain aspects of buying a home that the buyer should be aware of ... things that go beyond merely paying a commission to an agent. One of this is by searching only for homes that are being sold by the owners themselves, the buyer is drastically reducing the homes available to him in the market. Most homesellers have their houses listed with a real estate agent, taking advantage of the agent's various resources to get the property maximum market exposure.

By sticking with homes sold by owners, the buyer must also use his own time and do his own research in finding this home. This includes finding hiw own home and termite inspector, and seeking his own real estate lawyer to review the closing transaction.

The buyer is best served by finding a buyer's agent. A buyer's agent works exclusively for the buyer is ready to provide the following services:

• Arranges property showings.
• Provides accurate information.
• Explains forms and agreements.
• Monitors closings.
• Prepares a property value study.
• Keeps your financial position confidential.
• Promotes and protects your best interests.
• Negotiates the best price for you.
• Points out reasons not to buy.
• Passes on information to enhance your bargaining position.
• Assists in writing the offer in the buyer’s best interest only. (Dual agents do not)
• Exposes you to the entire market, both listed and unlisted, including FSBO homes.
• Provides anonymity if needed.
• Researches the seller and property.