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Buyer’s Agent
A buyer’s agent is somebody who is retained by a would-be purchaser to help them locate a suitable property and then advise and assist with the negotiations. The agency fees are paid by the buyer-client – usually an initial retainer and a percentage fee based on the price of the acquired property. A small number of firms specialise in offering this type of service and have reliable contacts among up-market estate agents who can help them to locate appropriate property.