MacArthur "Mac" Lloyd

Frequently Asked Questions about Buyers Agency & More

Frequently Asked Questions on Real Estate & Buyer AgencyHere are some frequently asked questions, and their corresponding answers. This page contains valuable information and definitions about us, Buyer's Agency and Real Estate in general. If you have any questions at all that aren't addressed on this page, please contact me and I will help you in any way I can.

Questions on Buyer Agency

Q: What is a Buyer's Agent?

A Buyer's Agent is a real estate agent who has agreed to represent a buyer exclusively, and therefore promote the best interest of the buyer through diligent and honest service. Many agents now specialize in working for buyers, though up until recent laws legalized this form of agency, buyers were on their own. For tips on buying real estate and more, click here.

Q: Why do I need a Buyer's Agent?

Many folks still do not realize that unless you have signed a contract for representation, the Agent showing you property is most likely working for the seller. This means that it is their job to get you to pay the most money, for the least value. People who work with a Buyer's Agent have a well connected and informed professional who's single purpose is to protect your interests. Aside from the obvious benefits that entails, we usually get paid entirely from the seller! For a full list of services that I provide, click here

Q: Do you ONLY work with buyers?

No. It is my specialty, but I will occasionaly list property for sellers as a favor to a friend or contact. Due to my understanding of Buyers in general, ethics, and targeted marketing tactics, many Sellers have found my services to be quite effective.

Questions about the Closing Process

Q: What does the term "Escrow" really mean?

I believe the best explanation lies in a well written article that can be found on the website of a colleague. Click here to read it.

Questions about Debt

Q: I am in debt, can I still buy a home?

Some believe that lenders are growing more lax in the current housing market and might be more inclined to give out loans than in other market scenerios. Either way, this is a question you should ask your bank or lender. Otherwise, you might want to consider other options, like consolodating your bills through one of the many debt consolodation companies available.

Q: What is online debt consolidation?


The online debt consolidation program will assist you to make your monthly payments simpler. It will offer the most suitable debt solution for you after analyzing your financial status. The program will bring all your unsecured debts at one place. Moreover, it will release you from the hassles of dealing with creditors and collection agencies.