What does Buyer Broker mean?

This is a real estate agent who represents the buyer in a transaction, rather than the seller. A buyer broker is typically paid a commission by the buyer and is responsible for helping the buyer find a suitable property and negotiating the terms of the sale.

Related Terms

Building Paper Capital Gains Tax Lease-purchase Option Escrow Account Earthquake Insurance Implied Warranty of Habitability Tenant Improvements Real Estate Broker Assignor Appraisal Fee Ground Lease Loan Application Fee Absolute Net Mint Condition Needs-Based Pricing Construction Loan No Cash-Out Refinance Veterans Administration (VA)