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Exclusive Buyer Representation - The Homebuyer's Best (But Little-Known) Option
Well, I just ran across a press release from the National Association of REALTORS either from May of 2008, or revised in May of 2008.
It says in the header that the article will discuss agency and representation options the consumer can choose from:
"a variety of business relationships with real estate professionals, including buyer representation..."
The article then goes right on to only discuss Designated Agency and Dual Agency, (less than full forms of brokerage representation) but leaving out Exclusive Buyer Agency. It should be clear to the public that they don't have to choose Designated Agency OR Dual Agency (Dual Agency being worse in my opinion).
Here's the link:http://www.realtor.org/press_room/public_affairs/tpagency
Homebuyers can choose to have an agent fully representing their best interest throughout their transaction by hiring an Exclusive Buyer Agent.An Exclusive Buyer Agent (EBA) works for a company that never takes listings or represents Sellers. (An Exclusive Buyer Brokerage. The agent you hire can give you undivided loyalty and full representation that cannot be compromised or diluted if you choose to buy a home listed with the same brokerage (since the brokerage takes no listings).
Whenever you buy a home, make sure you research Exclusive Buyer Agency - the ... more

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