What is a Exclusive Buyer Agent?
EXCLUSIVE BUYER AGENTS -- represent home buyers--never sellers. These agents are required by law to get the best price and best terms for the home buyer. All consumer advocates recommend that home buyers take advantage of the benefits offered by exclusive buyer agents.Exclusive buyer agents are specialists in the home buying process. This higher level of professional service for buyers has resulted in an average of over 5% savings and greater satisfaction for home buyers. Because these agents do not list property, they do not have company listings to try to sell to you first. Instead, all homes are available to home buyers without bias, including For Sale By Owner, New Build Construction by homebuilders, foreclosures and Multiple Listing Service homes (other Realtor listings).
Exclusive Buyer Brokers will better protect the interests of buyers than dual agents, sub-agents, designated agents, or so called split agents. They are more likely to negotiate a lower sale price on a home, for example.
No! There are four types of Realtors: Seller Agents, Exclusive Buyer Agents (or Brokers), Dual Agents (including non-exclusive Buyer Agents), and Transaction Brokers.
1. SELLER AGENTS - list property and represent the seller. Remember that if you are buying a home and call the listing company, it is the legal obligation of the company's agents to get the highest price and best terms for the seller. Any information given by a prospective home buyer to the seller's agent must be told to the sellers. This includes any reference to the buyer's financial and personal data, potentially increasing the cost of the home by thousands of dollars.
2. DUAL AGENTS - are real estate agents whose company lists properties for sale, but act as buyer agents on those properties. Unfortunately, for buyers and sellers, dual agents are legal in most states. While dual agents attempt to justify this practice, consumer advocates warn NEVER to use a dual agent. The National Association of Realtors wrote that the practice of dual agency is as dangerous as playing Russian Roulette. If a real estate company lists property and represents the seller--you can strongly doubt any attempted claim that their agents can properly represent home buyers. Funny how some folks, like members of the CIA, do not like dual agents, because they know them as "double agents!"
3. TRANSACTION BROKERS -- are also known as a facilitators, finders, and statutory agents. These are true non-agents because there is no liability for wrongdoing. The attempt by a growing number of real estate agents to avoid the responsibility owed to buyers and sellers is legal in a few states (including Florida and Colorado). Services by transaction brokers are substantially reduced from those of true agents, and should be avoided by all sellers and buyers.
4. EXCLUSIVE BUYER AGENTS - That's us, and we're proud of it! Who else is looking out for your best interest when you buy a house in the Lebanon, Camdenton, St. Robert, Waynesville, Conway and Phillipsburg Missouri areas?
Our Pledge and Commitment
We guarantee buyer clients COMPLETE LOYALTY and ADVOCACY 100% OF THE TIME. Our unique approach often saves our clients time and money.
Unlike traditional Realtors, we don't 'sell' homes, and we don't 'switch sides.' That's because we're always on the buyer's side - 100%. Our clients appreciate our professional skill in negotiating the most favorable price and terms while keeping their financial and personal interests CONFIDENTIAL.
Buyer's Broker
DON'T SING THE RELOCATION BLUES
Relocating can be a stressful time for families. Whether you are moving from twenty miles away or across the country, we have learned how to ease the process. We are able to find temporary housing if needed and are prepared to deal with all the small details from helping you find a dry cleaner, to a handyman, or babysitter. Small details make all the difference.
MOVIN' ON UP IN TOWN
You may be selling your home in order to buy a larger or smaller one in the same area. Although we cannot offer to market your home, you may very well want the advantage of having your own buyer representative to work with you on selecting and negotiating that new home.
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