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"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" |
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"U.S. Sprint Communication
Co., encourages the 700 to 900 employees i transfers each year to
find a buyer broker to handle their home purchase." Home buyers who
use buyer brokers are able to slice more off the price of a home."
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"Confusion often arises
because many buyers believe that the agent who shows them houses works
on their behalf. In fact, subagents of the listing broker - often
they are agents who work for another office - also act on behalf of
the seller." - May 19, 1995 |
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"To protect themselves
buyers can retain their own exclusive representative, called a buyer
broker...Your local agent may offer such services, but be aware that
buyer's brokers who also work as seller's brokers can sometimes end
up on both sides of the deal. You can get a free referral to a broker
who only represents buyers through Buyer's Resource." - June 5, 1995
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"Buyer advocacy appears
to be taking off." "I'll never buy a house any other way." |
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Always remember that a
real estate agent does not work for you, but for the seller, If you
want an agent on your side, hire a buyer broker. |
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Money
Magazine - May 1995
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"Unlike the traditional
agent who looks out for the seller, a buyer broker acts as your advocate,
helping your find the home you want and then negotiating the lowest
possible price. The best buyer brokers are so-called exclusive agents
- that is they represent only buyers, never sellers, and thus are
not tempted to push a house on which they stand to earn a commission.
You can find a true buyer broker in most states by calling Buyer's
Resource and stipulating you want an exclusive agent." |
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U.S.
News & World Report
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"Buyer brokers: agents
that buyers can call their own...If your real estate agent isn't a
buyer broker, he works for the seller...Buyers no long have to fend
for themselves." |
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"Many people don't realize
that, unless specifically stated otherwise, brokers are legal representatives
of sellers. A buyer broker, representing only the buyer, may be able
to secure a better price and better terms." |
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Christi Harlan - "Until
recently, all residential real estate agents and brokers represented
the sellers, a fact lost on many home buyers. Now...a new breed of
brokers has emerged to fend for them." |
