Many buyers have heard agents say that it doesn't cost anything to have professional representation as a buyer. This is simply not true. While the cost of NOT being represented in a real estate transaction is certainly greater, nearly every buyer's agent is compensated with money that, in a round
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09/06/2013
I came across an old article in Kiplinger's Personal Finance touting the benefits of hiring an Exclusive Buyer's Agent (E.B.A. for short). The point of the article (and it's title) was: Hire your own AGENT Buyers and sellers, have different interests in a real estate transaction. Sure, one wants
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09/04/2013
Let's talk about agency, representation, and conflicts of interest. We received a call today from a gentleman who had just fired an agent he had been working with for a few months. We'll call him Bob. Bob and his agent were out together looking at a HUD home when a man "off the street" came to th
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10/09/2012
Our company NEVER lists homes or represents sellers. We only work for buyers and stay 100% loyal to the buyer throughout the transaction. Some things in this industry bother me. One thing that bothers me A LOT, is to hear that a consumer has been given a legal document that says one thing in writ
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10/01/2012
This post started as a response to comments in another blogger's comment thread on the topic of how messed up the real estate industry is in the areas of representation and how compensation can tempt agents to do things that are not in their client's best interest. The discussion started over
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10/01/2012
I just read a blog entry by an agent who was reacting to a recent article about REALTOR's rejected request for commission from a buyer who, according to the story, was hurriedly asked to sign a Buyer-Broker Agreement because it was necessary in order to submit an offer on a house. According to
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07/24/2012
Yesterday a client asked me why we have a website telling people they should get their own agent when buying a home. "Everybody already knows that, right?" I let her know that MOST people out there don't know that. She didn't believe me. "You mean there are buyers that contact the agent represent
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07/20/2012
Salt Lake City, Utah pops up at #6 on Marketwatch's Top 10 best places to buy investment property in the U.S. They cite low inventory and rising median home prices as reasons, but fail to mention that rents on single family homes are pretty high compared to the cost of homes right now. My presump
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04/23/2012
I've been following the efforts of a colleague in Maryland who believes exclusive buyer representation should be disclosed to consumers as an option on the state's agency disclosure form. I read an article on the topic in the real estate section of the online Baltimore Sun. The Director of Regula
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03/15/2012
Homebuyer Representation, Inc. offers a free consultation to home buyers. What does it mean to consult an Exclusive Buyer's Agent? A consultation is a one-time meeting to get any of your real estate questions answered and to find out what it would take to buy a home. The meeting can be in person
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01/19/2012
