Comments on: How and Why to Choose a Buyer’s Agent http://totalcandor.com/blog/2009/07/how-and-why-to-choose-a-buyers-agent/ A Conversation About Income, Wealth, and the Steps in Between Sun, 22 Apr 2012 14:08:55 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Michael http://totalcandor.com/blog/2009/07/how-and-why-to-choose-a-buyers-agent/comment-page-1/#comment-142133 Michael Wed, 15 Jul 2009 22:01:37 +0000 http://totalcandor.com/blog/?p=652#comment-142133 @Chris: Thank you for taking the time to add the <em>exclusive</em> distinction. Some agencies (at least here in the state of NH), can allow for a buyer's agency relationship to exist even if the home you are about to buy is represented by another agent in the agency. There are specific requirements, including restricted accessibility of files in the agencies offices. But that was one thing we discussed when we signed - thanks again for raising the point here. @Chris: Thank you for taking the time to add the exclusive distinction. Some agencies (at least here in the state of NH), can allow for a buyer’s agency relationship to exist even if the home you are about to buy is represented by another agent in the agency. There are specific requirements, including restricted accessibility of files in the agencies offices. But that was one thing we discussed when we signed – thanks again for raising the point here.

]]> By: Chris Whitehead http://totalcandor.com/blog/2009/07/how-and-why-to-choose-a-buyers-agent/comment-page-1/#comment-142131 Chris Whitehead Wed, 15 Jul 2009 21:44:39 +0000 http://totalcandor.com/blog/?p=652#comment-142131 Very good dialogue Michael! I appreciate people that give good advice. The only thing that I might add is that not all buyers agents are created equal. Meaning that a "buyer agent" working for a traditional real estate firm that gets involved in an "in house" sale or occasionally takes a listing, still has potential conflict of interest just like any other Realtor. Only an EXCLUSIVE BUYERS AGENT can be a true consumer advocate when it comes to purchasing real estate. An EBA along with the company that an EBA works for never take seller listings and therefore never have that conflict of interest. So before you sign any agency agreement ask if that person you are entrusting to help you make such a large financial decision is able to exclusively represent you the buyer. A great resource to learn more about Exclusive Buyer Agency and find an EBA in your area is the National Association of Exclusive Buyer Agents web site. www.NAEBA.org Very good dialogue Michael! I appreciate people that give good advice. The only thing that I might add is that not all buyers agents are created equal. Meaning that a “buyer agent” working for a traditional real estate firm that gets involved in an “in house” sale or occasionally takes a listing, still has potential conflict of interest just like any other Realtor.

Only an EXCLUSIVE BUYERS AGENT can be a true consumer advocate when it comes to purchasing real estate. An EBA along with the company that an EBA works for never take seller listings and therefore never have that conflict of interest.

So before you sign any agency agreement ask if that person you are entrusting to help you make such a large financial decision is able to exclusively represent you the buyer.

A great resource to learn more about Exclusive Buyer Agency and find an EBA in your area is the National Association of Exclusive Buyer Agents web site. http://www.NAEBA.org

]]>