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The Difference Between Exclusive Buyer Agency and Designated Buyer Agency
I don't know one consumer who understands the different types of representation available to them when purchasing Real Estate.   And the vast majority of real estate agents and brokers really understand the different between true buyer agency and designated buyer agency. 
Hopefully - these diagrams will make it much easier for you to understand.
You need to understand that a consumer's legal relationship is always with the broker or brokerage, never with the agent they are working with.  In fact, it is illegal for an agent to take compensation directly from a client.  Compensation must be paid to the brokerage - and the broker distributes the commission to the agent.  The relationship is with the brokerage and any compensation must be paid to the brokerage.
 
Here is a diagram of Exclusive Buyer Agency:

Note the buyer is blue, and everybody in the real estate office is also blue. They all represent the buyers and have requirements of loyalty and full disclosure to the buyers.  This is what you get when you go with an Exclusive Buyer Agent who is part of an Exclusive Buyer Agency.   Exclusive Buyer Agencies and their agents never represent sellers.
 
Here is Designated Buyer ... more

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