In the event of a condo assignment opportunity, where I would be purchasing a pre-constructed unit from the seller (so basically just a deed transfer), is a buyer's agent needed? The seller does not have an agent, and does not wish to pay any commission fees.

So, if I want an agent, I would have to pay the fees myself (although likely a lower rate). To my understanding, all that is needed to complete the sale is to have a real estate lawyer do the paperwork.

My question is, is there any benefit to having (and paying for) a buyer's agent in this situation? Or conversely, are there any risks involved in not having an agent?

Depending on what type condo your considering and where it is located and your knowledge of the condo and local market and your knowledge of real estate transactions and processes are the factors to be evaluated in determining if you need representation.

Pre-construction condo sales are Extremely Dangerous in most areas at this time, particularly in todays high default rate on condos. In my area three very different prices exist, the builders price which is often something like $850,000, the MLS market value of the exact same type unit in same complex, $620,000 and the distress sale market at $399,900. Those are the EXACT figures on one condo complex in my area.

If you don't know the market you could and many people do pay $450,000 to much for a duplicate unit.

Not only did they Over Pay, they frequently received poor terms and conditions and had to pay extra cost such additional closing cost and possibly your agent's commission. What the builder is probably hoping for, it that you will be foolish enough to just "trust him".

Buying anything with out adequate knowledge is dangerous and buying real estate particularly condos is very dangerous in many locations at this time.... even more so if your being told it is a "good investment".

If you know the market and you know you are paying a fair price your not over paying then I think you could get a lawyer to do the paperwork