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Real Estate Tips
About Appraisals >Best Interests of the Buyer

Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent. In this case, known as "dual agent representation," the real estate agent assists both the sellers and the buyers. However, it is also possible for the buyers to ask another realtor to represent their interests exclusively, acting as the "buyer's agent," a service which is available at no additional cost to the homebuyer.

Any licensed real estate agent can act as your buyer's agent, helping you to locate and look at properties in your price range. However, if that real estate agent works for the same brokerage that is listing a particular property, dual agency or designated agent rules will then apply. The buyer's agent will advise the buyer if issues arise such as termite damage or significant material defects appearing on the home inspection report. If the home appraisal comes in at less than the asking price, the agent will represent the buyer's interest, working with the seller and the lender to negotiate a satisfactory resolution.

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Real Estate Trivia
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What is the most common name for a city in the United States?

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Fairview is the most common city name, according to the 1996 Top Ten of Everything Book.
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Beverly and James Herdman, REALTOR®, real estate agents and broker for Culpeper, Warrenton and Northern Virginia, Virginia home listings, property and land for sale - NUMBER1EXPERT™

Beverly & James Herdman
"We Bring Wine Country Home"

Keller Williams Realty
433 Meadowbrook Shopping Center
Culpeper, VA 22701
Office:: 540-825-7441
Beverly Cell: 703-969-4280
James Cell: 703-969-3812
Fax: 540-364-5059
Email: beverlyherdman@number1expert.com

The Herdmans are absolute professionals. With their outstanding experience and dedication, upbeat personalities, and excellent communication and negotiation skills, they are the ideal team to guide you in discovering, and acquiring, your dream home. Beverly is also a Certified Distressed Property Expert who counsels homeowners who are in need of alternatives to foreclosure. We Bring Wine Country Home.

REALTOR Equal Housing MLS


Certified Distressed Property Expert

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