Why Home Buyers Choose To Work With An Exclusive Buyer Agent?

Only an "Exclusive Buyer Agent" can GUARANTEE to:

• Represent only their Home Buyer.

• Negotiate only on their Home Buyer's behalf.

• Provide the true facts (good and bad) about a property their Home Buyer is considering including:

  • value,

  • market,

  • neighborhood conditions, and

  • obvious physical defects.

An "Exclusive Buyer Agent" can DO A BETTER JOB because:

• "Exclusive Buyer Agents" have a legal and ethical obligation to put their Home Buyer's interests first.

• "Listing and Seller's Agents" (or agents for a Builder or Developer) cannot tell a Home Buyer things that would be detrimental for the Home Buyer to know because they work for the Seller, Builder or Developer.

• "Exclusive Buyer Agents" work to get their Home Buyer the:

  • "lowest price on the best terms for their Buyer".

• "Seller's Agents" try to get their Seller the:

  • "highest price on the best terms for their Seller".

An "Exclusive Buyer Agent" OWES THEIR HOME BUYER DUTIES of:

• Confidentiality - "Exclusive Buyer Agents" are prohibited from disclosing confidential information obtained from their Home Buyer to the Seller or his/her agent. Unlike a "Seller's Agent", "Exclusive Buyer Agents" can't and won't disclose to the Seller:

  • the real price their Home Buyer is willing to pay for a property,

  • the amount of mortgage their Home Buyer is actually qualified for,

  • how much cash their Home Buyer has to work with,

  • or, the level of their Home Buyer's motivation to buy a particular home.

• Reasonable Skill and Care - "Exclusive Buyer Agents" are required to:

  • protect their Home Buyer from foreseeable risks,

  • recommend their Home Buyer obtain expert advice when their needs are outside the "Exclusive Buyer Agent's" scope of expertise.

• Undivided Loyalty - "Exclusive Buyer Agents" are prohibited from advancing any interests that are adverse to their Home Buyer.

• Obedience to Lawful Instructions - "Exclusive Buyer Agents" are required to:

  • act subject to their Home Buyer's continuous control, and

  • obtain and follow all lawful instructions from their Home Buyer.

• Full Disclosure - "Exclusive Buyer Agents" are required to disclose to their Home Buyer all information available to them concerning a home purchase which might affect their Home Buyer's best interest. Unlike a "Seller's Agent", "Exclusive Buyer Agents" must and do disclose:

  • what they know about the Seller's motivation for selling,

  • the price the Seller paid for their home,

  • deferred maintenance or defects in the home,

  • price comparables for similar homes,

  • the listing history of the home,

  • potential problems in the neighborhood, etc.

"Exclusive Buyer Agents" are TRAINED TO HELP their clients:

• Find and negotiate for the right real estate,

• Evaluate alternative negotiating positions and options,

• Recommend the choice of a qualified home inspector,

• Recommend other professionals as needed.

"Exclusive Buyer Agents" are NOT TRAINED TO SELL their clients a property.