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3 Reasons to Use an Exclusive Buyers Agent (EBA) when Buying a Home

By Benjamin Clark

Real Estate Agent with Homebuyer Representation, Inc. DRE# 5467433

July 26, 2019 01:14 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 client is the seller."

2. You and only you are being represented

By signing an exclusive buyer agency agreement, you establish a contractual relationship with your real estate broker. This makes the broker accountable to you. Sellers have agents looking out for their interests and your exclusive buyer's agent will be on your side, looking out for your best interest. Exclusive Buyer's Agents do not practice dual-agency and will NOT ask you to limit your representation.

3. The Seller's agent is legally obligated to get the most money for the Seller.

A Seller's agent, by law, must work in the best interest of their client. Their client is the Seller. The agent cannot negotiate on a Buyer's behalf. As Exclusive Buyer's Agents, we work towards getting YOU the best price and terms.

Exclusive Buyer's Agents do not list homes and will not ask you to limit your level of representation. They will be 100% on your side during the transaction, representing YOU, negotiating on YOUR behalf and protecting YOUR interests.

Smart Home Buyers