“Most
agents who show you homes don't represent your interests. They work for
the seller, and their object is to sell the house at the highest possible
price.” - USA TODAY
Question: Do I need a broker to help me when I’m buying? That depends
on how informed and assertive a buyer you are. Unlike the traditional
agent who looks out for the seller, a buyer-broker acts as your advocate,
helping you find the home you want and then negotiate the lowest possible
price. The best buyer-brokers are so called exclusive agents - that is
they represent only buyers, never sellers - TODAY’S BEST IDEAS FOR
HOME BUYERS AND SELLERS - MONEY
"Under present law, both real estate agents in any house-buying transaction
are bound to do everything in their power to see that the seller gets
the highest price. In millions of deals, year after year, home buyers
have been confiding financial information to the broker. Even disclosing
their highest bidding price, not knowing that the broker is obliged by
law to relay that intention to the seller and make sure the seller gets
the highest price possible." - THE WALL STREET JOURNAL
"You can be candid with a buyer broker without fear of aiding the
seller; in turn, buyer brokers will use what they can ferret out about
the seller to your benefit."
"Buyer brokers/agents that buyers can call their own. If your real
estate agent isn't a buyer broker, he(she) works for the seller...Buyers
no longer have to fend for themselves."
"- US. NEWS & WORLD REPORT
"Exclusive agencies are best. They remove any conflict of interest,
which is the main reason for considering a buyer broker in the first place"
- ...Kiplinger's CHANGING TIMES
"Buyer's brokerage is becoming accepted. Unlike a traditional real
estate agent, under which the agent works for the seller, buyer brokers
work for the buyer." - Florida Today
"Don't ever buy a property directly from the listing broker. Having
your own agent will help you get the best price and terms. It won't increase
your costs, because your agent shares the commission with the listing
broker. This percentage amount is previously determined in the listing
agreement and will be paid according to that agreement, usually from the
escrow when the sale closes."
- Hume Publishing's SUCCESSFUL REAL ESTATE INVESTING
"Exclusive buyer's agents work only for consumers and often can save
them money – and they don't cost more to hire...exclusive buyer's
agents are not tied to any particular property or agency, so they will
show buyers any home, even those for sale by owner." - Los Angeles
Times
"Only by using an exclusive buyer agent can a buyer be sure all information
is kept confidential. Only an exclusive buyer agent can give the buyer
an objective, experienced opinion of the homes viewed to ensure the buy
gets the right home, in the right location, at the right price."
- Mobility
Hire a buyer´s broker. When in the market for a home, the best defense
is a strong offence. - WORTH BACK
|
 |
