Kiplinger's Highlights Exclusive Buyer Agents
Exclusive buyer agents are highlighted in the latest edition of Kiplinger's Personal Finance. According to the article, "Unlike traditional agents, EBAs don't work for listing brokers, so they avoid the risk of dual agency -- when one broker represents both parties. EBAs are still paid by the seller, but they can promise to represent your interests exclusively throughout the transaction and help you negotiate the lowest price."
The mainstream media finally seems to be catching on to the idea of exclusive buyer agency. Consumer Reports featured exclusive buyer agents, and the National Association of Exclusive Buyer Agents, in its May, 2005 edition. Exclusive buyer agency has also been mentioned in numerous additional publications recently, including the Wall Street Journal.
Labels: exclusive buyer agency, naeba
posted by Stefan J. Scholl, J.D. - Exclusive Buyer Agent at 3/14/2007 05:58:00 PM
1 Comments:
Interesting read. Until the 90s, there was no buyer representation in Texas. Now there is and many buyers like it. Unless buyers has a signed Buyer's Rep Agreement, the agent "representing" them are actually subagents of the seller.
Post a Comment
<< Home