In the state of Pennsylvania, an oral agreement in real estate is not legally recognized. Therefore, in order to be represented by a real estate agent as a buyer you must have a signed buyer's agency agreement.
So what does this Buyer Agency Contract entitled you as a buyer to. First, it ensures that a real estate professional is representing your interest, and not only the seller's interest. You will have someone to explain and walk you through each step of the process, assist you with the lending process and getting connected to a lender. You will have someone to help you find the home you are looking for, as well as help with negotiating the right price and terms for you. You will have an advocate with lenders, appraisers, and the seller's.
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603