In Illinois, buyers have a great advantage, they can have an agent represent them and the buyer pays nothing. The seller pays all realtors in accordance to the listing contract and the amount of the transaction.
The benefits of using a buyer agent are very important, necessary and complex.
Here are a few examples based on experience: 1. Looks out for the interest of the buyer 2. Negotiates pricing, incentives and conditions (i.e. Home Warranties, pricing, closing dates, mediator between buyer and seller, various items within the contract/ appliances-equipment-fixtures-painting-closing costs etc.). Over the years, I have had to call lawyers who played phone tag on the phone, had to push lenders to get an answer about the approval of the loan, pickup transfer stamps that were not at the closing, produce documents that were lost or misplaced so the loan could close. And most of all, the production of the latest comps that assists buyers with pricing that will allow for the buyer to obtain an appreciable property.