Question

Which one of the following is NOT an advantage of buyer's agency? The efforts that a buyer's agent exerts on behalf of the buyer are not compromised or limited by any obligation to represent the seller. Buyers can freely communicate confidential information without fear that disclosing that information will weaken the buyer's negotiating position. Buyers will have the benefit of a licensee's expertise in finding the right property, negotiating the purchase and attending to closing details. The use of a buyer's agent guarantees that the buyer will get a property for the lowest price possible.

Answer 1

"The use of a buyer's agent guarantees that the buyer will get a property for the lowest price possible" is NOT an advantage of buyer's agency.

It is true that the efforts that a buyer's agent exerts on behalf of the buyer cannot be compromised and that the buyers can freely communicate confidential information without fear that disclosing that information will weaken their negotiating position. The buyers will also have the benefit of a licensee's expertise in finding the right property, negotiating the purchase and attending to closing details.

However, using a buyer's agent won't guarantee that the buyer can get the best deal on a property; as a result, this is not one of the advantages of buyer's agency. The agent would only consider what is best for the buyer and not the cheapest.

Agents will also charge extra fees and commissions for representing their buyers. To avoid additional expenses, some buyers and sellers choose not to use an agent. In order to save more money and find a property for the lowest price, buyers should avoid using an agent and instead deal directly with the seller.

Learn what happens when there's no buyer agency agreement in place here: brainly.com/question/28066390

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