Massachusetts, New Hampshire, and Rhode Island homebuyers have the option of 100 percent loyal home-buying representation when they choose an exclusive buyer agent for their real estate needs. Understanding the difference between real estate agents that represent home buyers and home sellers and those who only work with homebuyers is critical when purchasing a single-family home, condominium, or multi-family dwelling. Home-buying consumers should work with a true buyer agent that will put their best interests first.
The following is the transcript of the video above from the National Association of Exclusive Buyer Agents about why an exclusive buyer agent is different from a traditional real estate agent.
You’re ready to buy a home. That’s great! There is so much to learn.
Your first step? Find an agent who will be 100 percent on your side with no conflicts of interest. Does this mean you can choose any real estate agent? Well, you decide!
Agents who work with traditional brokerages represent both sellers and buyers. Why does this matter? Because in some cases, the same agent can represent both the buyer and seller in the same transaction! And because buyers and sellers both want the best price and terms in a real estate transaction, there is a conflict of interest.
True exclusive buyer agents represent only home buyers, 100% of the time, and in every transaction. Since NAEBA’s exclusive buyer agents have no listings to “sell,” they provide clear and honest evaluations on properties of interest. It’s a simple way to work in real estate. And since they only work with buyers, there’s no conflict of interest and never a question of who’s side they’re on.
Only an EBA can guarantee to negotiate fully on your behalf, working to get you the very best value and best terms on your new home and protect you through every step of the process. In other words, only exclusive buyer agents are true buyer agents.
NAEBA is a nonprofit organization created to protect and serve home buyers across the nation. Click the "Find an Agent" button to find your home with an exclusive buyer agent today.