Most homebuyers do not know that using a special agent for their needs does not incur any costs. They sometimes think the agent will get a commission from their mortgage payments or closing costs somewhere but there is literally no buyer fee for using the buyer's agent service.
When homeowners list their home or property for sale, they usually list it for sale by owner (FSBO) or through a listing agent or broker. The difference between an agent and a broker is that the broker must have more experience, education, and responsibility than the agent. You can also avail of services for the professional Buyers manager for your needs.
A broker must be the last authority on a listing but several agents have the potential to sell a home. A broker is a name where the listing was taken. National brokerage firms employ many agents to register and buy houses and property, but all agents do business under the named broker.
Certain agents can go to get their broker's license and still be under the National company or broker but have the ability to start their own "broker" if desired. An agent, who also needs a good education and license, must be under some kind of broker.
If the buyer has bought their own agent, tells the agent or broker what they are looking for and the agent finds that the house registered for sale meets the search requirements, the agent is considered to be the buyer's agent.
This agent only works for certain buyers and not sellers or property. They simply want what is in the best interest of the buyer and will keep unnecessary confidential information for themselves in property negotiations.