ELI5: Explain Like I'm 5

Buyer brokerage

Okay kiddo, imagine you really want to buy a new toy for your birthday. But you don't know where to get it or how much to pay for it. That's where a buyer broker comes in!

A buyer broker is like a helper or friend who knows all about the toy you want and can help you find it. They work for you, not the toy stores or sellers. They will help you learn about the different toys available, their prices, and their features.

Once you find the perfect toy, your buyer broker will help you negotiate with the seller to make sure you get the best deal possible. They will also make sure the toy is in good condition and help you with all the paperwork needed to make the purchase.

Overall, a buyer broker is like having a personal toy expert who is on your side and helps you throughout the whole process of buying a toy.