30-YR FIXED: 6.870% ◆15-YR FIXED: 6.120% ◆FHA: 6.450% ◆PRIME: 7.500% ◆UTAH MEDIAN: $557K ◆30-YR FIXED: 6.870% ◆15-YR FIXED: 6.120% ◆FHA: 6.450% ◆PRIME: 7.500% ◆UTAH MEDIAN: $557K ◆

Utah median home price: $557,700 ▲2.2% YoY ◆Salt Lake County inventory up 7.7% this month ◆Fed holds rates steady — buyers gaining leverage ◆West Jordan homes avg 68 days on market ◆FHA loans surging among Utah first-time buyers ◆Draper luxury market sees 12% price increase ◆Utah population growth driving housing demand ◆Utah median home price: $557,700 ▲2.2% YoY ◆Salt Lake County inventory up 7.7% this month ◆Fed holds rates steady — buyers gaining leverage ◆West Jordan homes avg 68 days on market ◆FHA loans surging among Utah first-time buyers ◆Draper luxury market sees 12% price increase ◆Utah population growth driving housing demand ◆

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Buying a Home

What is a buyer's agent and do I need one in Utah?

Answered by Gurpreet Bhatti

Utah REALTOR® · USMC Veteran · UT Lic# 12907042-SA00

A buyer's agent represents your interests — not the seller's. In Utah, buyer agent compensation is typically paid through the transaction at no out-of-pocket cost to you. Having one is strongly recommended. A skilled buyer's agent provides MLS access, negotiates on your behalf, guides inspections, and protects your interests throughout the transaction.

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