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The Importance of Exclusive Buyer Representation

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The Importance of Exclusive Buyer Representation
Welcome >The Importance of Exclusive Buyer Representation ...

Featured Article
Why Use an Exclusive "Buyer" Broker?

Here is what Leading Magazines & Newspapers say about the Importance of
Exclusive Buyer Representation....


"To Buyers: If you want representation, work with a buyer broker. They are legally obligated to represent your interests in any negotiations with sellers." The Consumer Federation of America" Groups such as the Consumer Federation of America and AARP recommend using buyer's agents. (Smart Money Magazine, June 1995)

"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." (Good Housekeeping)
"Buyer brokers have the buyer's interest in mind. They act as a personal advocate, hunting for the right house and haggling with the seller's agent. In fact, a 1992 study by a national long distance phone company, found that 200 relocating workers who used buyer brokers paid an average of 91% of the offering price, whereas those using traditional brokers paid 96%." (Diversion Magazine for Physicians)

Benefits of Exclusive Buyer Representation

Only the buyers' interests are represented - never the sellers. Any possibility of conflict of interest is eliminated because the Exclusive Buyer Representative never accepts a listing - they are legally accountable to the buyer...not any seller. Because the Exclusive Buyer Representative enters into an exclusive agreement with the buyer, all information provided to them (such as loan approval level, motivation to buy & timing issues) is kept confidential. They will never be abandoned for dual agency and will be protected 100% from start to finish. Best of all, Exclusive Buyers Representation does not cost the buyer more, as the fee is paid from the transaction via the sellers contract where they agreed to have the listing agent put the home in the MLS and offer a percentage for any outside office who has a buyer.

The Exclusive Buyer Representative is not afraid to disclose..... The foundation has settled - The lot has poor drainage - There is a better value for your money - look at structural issues - geological issues - possible pest or mold festations - and the list goes on. The buyer can trust being told everything found out about a property being viewed. Buyers will be advised whether what they are considering is a wise investment. The buyers purchase depends on knowing all the facts...good or bad.

You See Each and Every Property in your Criteria


You will be shown - MLS listings - For Sale By Owner - New Construction- even foreclosures, new inventory is searched everyday until we find the right property for you. "I measure my success, not in how much I sell, but how much I save my Buyer."

"Buyer's Only Coastal Realty Office"
is the only (NAEBA) National Association of Exclusive Buyers Agents member and office based in south Orange County, located between Seal Beach and north county San Diego which is a 100% "Exclusive Buyer Office" (EBO). "Buyer's Only..." never represents the seller and always represents the buyer. Their strength is making you "the buyer" look and perform stronger. "Buyer's Only..." is not a "traditional" office with "dual representation" practiced. The standard of my office is taking a vigorous and professional approach with my client, getting the best possible property at the best price - that is the emphasis of my office.

 

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Real Estate Tips
Accepting An Offer >Evaluating Multiple Bids

Competition for homes is high in hot markets. When you are a seller faced with multiple offers on your home, how do you choose the best one? Your real estate agent can help you compare and contrast the terms of each proposal.

Look at the price of each offer and evaluate your net profit. Next, consider the terms of each contract. How "clean" is each offer? Are there contingencies that affect the sale, such as the buyers needing to sell another property before they can finalize the purchase of your home? Can you work out a mutually agreeable date for you to move out and for the buyers to move in? Can you get reasonable assurances that the buyers will be able to qualify for the financing they will need?

Your real estate agent can help you weigh the relative merits of each offer, so that you can accept--or counter--the best one, and line up another as an alternative.

See All Tips In The "Accepting An Offer" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is encroachment, and how might it affect a property owner?

A 
Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim.
See More Real Estate Trivia >


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Buyer's Only Coastal Realty, REALTOR®, real estate agent and broker for Laguna Beach, Newport Beach, La Jolla and Rancho Santa Fe, California home listings, property and land for sale - NUMBER1EXPERT

Buyer's Only Coastal Realty
Suzanne Hefni-Pyle

806 Avenida Pico #i-327
San Clemente CA, 92672
Office: 877-902-2893
Fax: 949-492-7137
DRE License #: 01060973
Email: suzannehefnipyle@NUMBER1EXPERT.com

Buyer's Only Coastal Realty is licensed in the State of California.

Where every OC and SD county listing can be found - As a buyers only Real Estate office serving all coastal cities between ORANGE and SAN DIEGO COUNTIES, I show hundreds of properties every year. Work for the buyers side only to assure no conflict of interest for a buyer. As a member of the National Assocation of Exclusive Buyer Agents, Buyer's Only Coastal Realty Office works exclusively for you, the buyer - providing a full, comprehensive and unbiased view of all homes on the Southern California real estate market – without giving preference to properties that serve the seller's interest.We offer 100% buyer representation. Before you let anyone show you property,call us, or you could end up having to work with an agent, you did not choose just because they had shown you a home.We protect buyers privacy when shopping for a home !

REALTOR


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