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Copyright BuyersOnly.net
2008. All rights reserved.
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Welcome to BuyersOnly.net
We Help Home
Buyers $ave
Money!
Who is on your
side?
Buying a home is probably the largest financial
transaction of your life. In the past, you relied on the listing agent
to help you find a home. With the emphasis on consumer protection, most
consumer advocates recommend that home buyers seek professional
representation by an exclusive buyer's agent who legally represents only the buyer.
Does
the listing agent care about the buyer?
The listing agent is legally required to get the best price and terms
for the seller of a property.
When you go to an open house
for a property, the agent
works for the seller! When you call
on an ad for a property, the person answering the phone works for the seller! If
you're buying a home, shouldn't you be represented by your own agent?
Is a
"Dual Agent" working for the buyer?
Does a
"Designated Agent" care 100% about the buyer? View
cartoon
Any real estate agent can call themselves a "buyer's
agent". Even if they list homes!
In some states, agents become "dual
agents", trying to represent the
best interests of both the buyer and the seller. No one is adequately
represented in that situation.
Some states allow "designated
agency", in which a real estate company can have an "designated
buyer's agent" and a "designated seller's agent" working in the same
office. A wise buyer might worry about possible conflict of interests in
that situation.
What is the
smart way to buy a home?
The only way to assure yourself of having complete, 100% loyalty from
the real estate agent helping you buy your home, is to make certain
your agent is an Exclusive
Buyer's Agent working with an office that NEVER takes listings of
homes for sale.
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