buying a home: The Appraisal Contingency in Utah May Protect the Buyer - 08/12/19 02:34 PM
In Utah, THE APPRAISAL CONTINGENCY allows a Buyer to cancel the contract and have their Earnest Money returned, if the property under contract appraises for less than the contractually agreed price. This contingency has deadlines by which the appraisal and cancellation need to be made.
Almost ALL Buyers should include an appraisal contingency in their offers. Some cash buyers who plan to live in the home a long time, some investors, and some other buyers may decide to forego an appraisal contingency. Usually even these buyers will only do so if they are extremely confident in their valuation and if after … (0 comments)

buying a home: What You Need to Know About Earnest Money - 08/06/19 12:39 PM
Once Homebuyer Representation has shown you all the available homes on the market that fit your budget and match your criteria and you have decided on the one you want to make an offer on, it's time to get serious!
In Utah, in order for your offer to be valid it is required to be backed by what is termed "good and valuable consideration."
In most cases, this means that your offer must be backed by a monetary deposit, called Earnest Money. The larger your earnest money, the stronger your offer. When the transaction comes to a successful close, your earnest money deposit is … (0 comments)

buying a home: Finding the Newest Homes on the Market Each Day - 08/06/19 12:34 PM
Get Technology to Work For You
At Homebuyer Representation, we program our database to search the entire inventory of listed homes for sale in the Salt Lake Area. Our computers instantly find homes that match what you are looking for.
We set you up with access directly to the Wasatch Front Regional Multiple Listing Service's mainframe database (The MLS). You can know about new listings the day they are entered into the MLS. We program the database to flag new listings, reduced price listings and changed listings that match your criteria and notify you so you can always be aware of new homes … (0 comments)

buying a home: How to Know Which Loan is BEST for You - 07/30/19 03:07 PM
There are so many lenders, loan types and loan programs, so how can you REALLY know which loan is best for you?
At Homebuyer Representation, our Exclusive Buyers Agents will assist you by looking at your financing options and possible sources of financing. We are not lenders, but because we have helped hundreds of clients buy homes over the years, we are very familiar with many lenders, and most loan types and loan programs. Our only goal is that you, as a homebuyer, understand the total cost of each loan, loan type, or loan product or configuration which you are considering so … (0 comments)

buying a home: The Wrong Mortgage Can Cost You Thousands of Dollars - 07/30/19 01:31 PM
The wrong mortgage could end up costing you thousands of dollars in needless fees, interest and other costs.
Many lenders have a collection of go-to loan types that they use most often. However, your circumstances may require a special product that only certain lenders can offer. Many loan originators prefer to offer loans that give them the highest yield or profit (the loan that will put the most money in their pocket...).
Some lenders will find out what your hot-button is. Is it wanting the lowest interest rate? The lowest fees? The lowest monthly payment? Loans can be configured in many ways. Modifying … (0 comments)

buying a home: PRE-APPROVED not Pre-Qualified - 07/30/19 01:09 PM
ALL Homebuyers should be PRE-APPROVED, not pre-qualified BEFORE they make an offer.
Being pre-qualified means that the buyer knows what the price of the home is and what the payments would be if they purchased the home. But this does not mean that the lender is willing to lend them that money to buy a home. Lenders have very specific guidelines they need to follow in order to lend money to homebuyers.
Being PRE-APPROVED means your credit has been checked and that your loan has been approved with some normal conditions (such as appraisal, no change in employment, etc.). It also means that the … (0 comments)

buying a home: Credit Scores - Know Yours! - 07/30/19 12:39 PM
Don't be one of the many buyers that are unsure of their standing in the credit department! Not knowing could lead to an agreement to pay a higher interest rate. Knowing your credit score could help you get the best interest rate available.
Most of those who believe their credit score is excellent are often correct. Many who are unsure of their score, are often surprised to find out that their credit actually is great or excellent. According to, a score above 670 is considered good and a score above 740 is very good. To be considered exceptional, your credit score should be … (0 comments)

buying a home: Why Signing a Buyer-Agency Agreement is THAT Important - 07/26/19 02:02 PM
The Homebuyer Representation Buyer-Agency Agreement requires us to be 100% responsible and accountable to YOU, and ONLY YOU. A Seller's agent, by law, must work in the best interest of their client, including giving any learned information about the Buyers to the Sellers. This could hurt your bargaining power and cost you money. At Homebuyer Representation, we work exclusively for your best interests. We are dedicated to getting YOU the best price and the most savings possible. 
In Utah, if the listing agent tells you they will work with you as your "buyer's agent," you will be asked to sign an agreement that will limit … (0 comments)

buying a home: 3 Reasons to Use an Exclusive Buyers Agent (EBA) when Buying a Home - 07/26/19 01:01 PM
Here are 3 reasons you should hire an Exclusive Buyer's Agent when you buy a home:
1. You Become A Client, Not A Customer
If you buy a home without hiring an Exclusive Buyers Agent to represent your best interests, you will either become a customer of the Seller and their agent, or, in some states you could end up working with a dual agent. According to NAR (the National Association of Realtors), "As a customer, a buyer is not represented by an agent... the agent cannot negotiate on the buyer's behalf nor reveal to the buyer any confidences of the client, the … (0 comments)

buying a home: Salt Lake Real Estate Housing Update Spring 2018 - 04/17/18 12:18 PM
Is the Salt Lake Real Estate Market in a bubble?
What is the housing outlook and forecast?
What's going on with mortgage interest rates and why?
Are homes still affordable?
Text me at 801-999-8889 for a free report that answers these questions and much more.
Factors affecting the Salt Lake Housing market this spring include:
Significantly tighter lending standards are keeping prices in check Demand for housing remains robust Interest rates have to be raised Employment figures Not enough new homes Not enough homes for sale on any given day There are more Millennials than any other group looking for housing Home affordability Condos & Townhome … (3 comments)

buying a home: Buying a Home in Salt Lake County, UT - Buyer's Real Estate Agents - 01/05/16 07:59 AM
Most in the real estate industry represent sellers. Training seminars and classes for agents are heavily focused on increasing listings. "Get more listings" is the industry secret. "It takes 4 times as much time to work for a buyer as it does for a seller." When listings generate calls and inquiries from buyers, sell the houses or hire new agents to write up the paperwork for the buyers, top producing agents are told.
Ironically, this whole setup leads to buyers not really getting a real estate AGENT at all!
An AGENT is supposed to represent a client. To be loyal to them. To … (0 comments)

buying a home: What Agents Know about Buying a Home that Buyers Don't - 12/09/14 03:24 AM
I came across the following post and thought it illustrated well why people should get their own agent when buying a home. The original post was by John G. Johnston, Broker/Owner of John G. Johnston & Associates LLC, an Exclusive Buyer Brokerage in Westcliffe, CO.
This House is worth $499,000

Save Time ~ Save Money 
Spend 5 minutes with an Exclusive Buyer’s Agent
The listing agent’s thinking $650,000.
The Owner’s thinking $599,000.
You’re thinking $550,000.
We’re thinking $490,000.
Maybe you should think about calling us!
Representing People ~ Not Property
If you are thinking about purchasing a home 

buying a home: 5 Reasons to use an Exclusive Buyer's Agent (EBA) when Buying a Home - 11/13/14 07:29 AM
1. You Become A Client (Not A Customer)
According to the National Association of Realtors, If you work with the seller's agent, you are not a client, you are a customer. "As a customer, a buyer is not represented by [the] agent... the agent cannot negotiate on the buyer's behalf nor reveal to the buyer any confidences of the client, the client is the seller."
If instead, you hire an agent to represent you and your interests, your agent CAN negotiate on your behalf and CAN reveal to you anything they learn about the seller or the home that could benefit you in negotiations, or which … (0 comments)

buying a home: Should I Write An Offer on a Short Sale with An Offer Under Review? - 04/22/14 01:25 PM
I usually don't recommend writing offers on short sales that already have an accepted offer under bank review. You could send in an offer, but the offer will often not reach the bank. Usually it is held by the seller until after the bank replies to the first offer. One of the seller's main goals is to get an approved price from the bank. If they send in newer and higher offers every few days, the bank has no incentive to reply or to approve one of the short sale offers in hand. It can also start the process completely over at the bank, … (2 comments)

buying a home: It's Nice To Have An Agent In Your Court and On Your Side - 02/24/14 02:17 PM

Our overall home buying experience with Homebuyer Representation was great. This is my second home I have bought with Ben and I have been very pleased from start to finish. Ben was always with me and very supportive through every process. I chose to work with him the first time because he had helped my son buy his home and he came highly recommended (actually he did not give me a choice, he said I HAD to use Ben). Our first house was great for almost nine years. Because of age we sadly had to move to a more accessible house and did … (0 comments)

buying a home: Buying a Home in a "Safe" Area - 11/06/13 04:28 AM
Most buyers want to buy a home in a "safe" area. One of the things we do to help is to give them links to sites that allow them to see crime activity in the communities they are interested in.
Here are some of the websites we share with clients to help them check out crime in an area:
You should be able to check out any community you are interested in on any of these sites (provided it is in the U.S.) by zip code, by site navigation tools, or by using map-based tools. Which method … (0 comments)

buying a home: Three Tips for Shopping Your Home Loan and Saving Big - 09/27/13 07:30 AM
One of your biggest savings when buying a home can come from the simple act of shopping your home loan. 
Shopping for the best mortgage can save you thousands of dollars in up-front costs, and many thousands more over the life of the loan. 
Most lenders are good people trying to provide for their family within the framework of the company they work for. The fact is, however, some loan originators simply cannot offer you the best rate and terms available to you. What they offer depends a lot on how much volume their company does, how much overhead the company has, … (0 comments)

buying a home: Pre-Qualification? Pre-Approval? What's the difference? - 09/20/13 06:29 AM

Pre-Qualification is NOT the same as Pre-Approval.
Pre-qualification for a mortgage loan is simply a mathematical look at the buyer's stated income and debts that produces a maximum home price the buyer could afford. There is no checking of credit and no verification of any of the information provided by the buyer.
A loan pre-approval won't be provided from a lender until a buyer's credit has been run, the buyer has been evaluated for credit risk, their financials have been looked at more closely, and the lender is confident that everything should go through with the buyer's loan provided normal follow-up conditions … (3 comments)

buying a home: Salt Lake City #6 on List of Best Cities for 20-Somethings - 09/19/13 03:39 AM
Salt Lake is always making the best places to live lists, so this isn't too much of a surprise. In addition to being one of the best places for 20-somethings, Salt Lake is also THE best place to live for new grads, and the 2nd best place to live for women's health.
Links are in the article on
If you're thinking of making Salt Lake City YOUR best place to live, make sure you call us for the best real estate representation option for buyers!
Do you have excellent credit?
Do you plan to purchase a $300,000-$800,000 home within 60 … (0 comments)

buying a home: What Seller's Agents Can't Do For You as a Home Buyer - 09/18/13 03:47 AM
The nation's smartest homebuyers know that the best way to buy a home is to have their own professional representation.
Think about it: Seller's agents are legally obligated to work toward getting the seller the highest price and best terms of sale. So,
Can the seller's agent prepare a market analysis for you that would prove the seller's asking price is too high? NO. Can the seller's agent suggest that the seller may take an offer well below the list price? NO. Can the seller's agent say you should ask the seller to make repairs, or that the seller should pay for … (0 comments)

Benjamin Clark, Buyer's Agent - Certified Negotiation Expert (Homebuyer Representation, Inc.) Rainmaker large

Benjamin Clark

Buyer's Agent - Certified Negotiation Expert

Salt Lake City, UT

More about me…

Homebuyer Representation, Inc.

Address: PO Box 701481, SLC, UT, 84170-1481

Office: (801) 969-8989

Mobile: (801) 999-8889

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Insights and information from Salt Lake City's only Exclusive Buyer Brokerage (Exclusive Buyers Agents work for BUYERS ONLY!) Find out why you should always make sure you get an Agent on YOUR side of the transaction when buying a home!Finally! Real Estate Agents on the Buyer's Side™
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