Do home buyers really need the help of a buyer's agent in a buyer's market? According to a recent article "Real Estate: Call Your Agent," by Linda Stern in the July 16, 2007 edition of Newsweek, those working without an agent may be losing out in a couple of big ways.
First off, without an agent to search the MLS on their behalf, house hunters may be missing out on properties which may suit their needs. Also, without an agent negotiating on their behalf, potential home buyers may not get their best deal.
However, when looking for an agent, home buyers are advised to seek out the services of an exclusive buyer agent who is a member of the National Association of Exclusive Buyer Agents (http://www.naeba.com/). Stephen Brobeck, of the Consumer Federation of America, warns that agents whose firms also list properties for sale may steer clients to company listings first, which Brobeck calls "an irreconcilable conflict of interest".
Buyer's Broker of Northern Michigan, LLC is the only exclusive buyer agency serving the Petoskey, Harbor Springs, Charlevoix, Boyne City, East Jordan, Bay Harbor, Burt Lake and Walloon Lake real estate markets. Contact us and find out why the experts recommend using an exclusive buyer agent for you next real estate purchase.
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