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What is an Exclusive Buyer Agent and why do you need one?

By
Real Estate Broker/Owner with Your Special Agent, LLC

These are the first two questions I'm asked when I tell someone about my company and what we do.   So let's start with the first question:  What is a Buyer Agent?

A Buyer Agent is a real estate agent who represents the Buyer in a real estate transaction.  A Buyer Agent's job is to help with all aspects of the purchasing process:  locating properties, helping in the negotiation process with the Seller, making sure that the proper inspections are taken care of, preparing contracts and other documents and much more.

However, it's important to keep in mind that not all Buyer  Agents are Exclusive - many work for a company selling its own properties.  While a Buyer Agent is not trying to sell you properties, they may be inclined to push properties that their parent company is selling.

Exclusive Buyer Agents, on the other hand, do not take listings.  They do not work for Sellers.  There is no potential conflict of interest when working with an Exclusive Buyer Agent since they have no properties to sell.   They focus solely on finding the best property for their Buyer clients.

I think that in answering the first question, I somewhat answered the second.  Using the services of a Buyer Agent is important to put you on equal footing with the Seller:  the Seller has a real estate professional working on his or her side, so you should have one on yours as well.  An Exclusive Buyer Agent is even better, because you don't have to worry about any ulterior motives. 

I like to think of it this way:  If you are going to court, you hire you own lawyer.   But you wouldn't use the same lawyer as the opposing side.  So why would you use the same real estate agent the Seller is using?

If you are looking for the services of an Exclusive Buyer's Agent in or around the Greater Orlando area or simply want some more information about Exclusive Buyer's Agency and my company Your Special Agent, feel free to contact me at paula@yourspecialagent.com or by phone at 407-351-7672.  You can visit my website at www.yourspecialagent.com.

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