An article in the March 2007 edition of Kiplinger's Personal Finance shares some of the benefits of hiring an Exclusive Buyer's Agent. The point of the article (and it's title) was: Hire your own AGENT
Just as two sports teams would not use the same coach, and two parties with conflicting interests would not use the same attorney in a court of law, there are real differences of interest between a Buyer and a Seller in a real estate transaction and I believe that each party should seek independent representation.
Exclusive Buyers Agents work exclusively for the Buyer. My job is to protect the Buyer's interest at all times, even if that means I will work to help the Buyer get out of a transaction that has turned sour. There are agents who believe that their job is to see the transaction through to closing... If it is in my client's best interest to take a deal apart, and protect them in the process, that is what they hired me to do and I will do it.
For those Buyer's who feel they would like an agent 100% on their side, they can seek out an Exclusive Buyer's Agent (EBA).
Homebuyer Representation, Inc. is a Real Estate Brokerage that services Salt Lake City, Utah and surrounding areas. Agents are Exclusive Buyer Agents (EBAs) and represent BUYERS ONLY. For Free Reports or a Free Consultation, contact Homebuyer Representation at (801) 969-8989 or click the highlighted links in this paragraph.
©2007 Homebuyer Representation, Inc.
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Thanks for the link to the Kiplinger article and you are right about the EBA agreement.
Benjamin,
It is nice to see that the "secret" about exclusive buyer agents is finally getting out. With recommendations from Consumer Reports, Kiplinger's Personal Finance, and numerous other mainstream media outlets, exclusive buyer agency is becoming more and more popular all the time.