Buyer's Advantage. Chicago realtor. Real estate buyer broker

What is an Exclusive Buyer Broker?

Exclusive Buyer Brokers represent homebuyers and never represent sellers. These brokers are required by law to get the best price and best terms for the home buyer. All consumer advocates recommend that homebuyers take advantage of the benefits offered by Exclusive Buyer Brokers. Exclusive Buyer Brokers are specialists in the home buying process. This high level of professional service for buyers has resulted in an average of over 5% savings on home purchases and greater satisfaction for homebuyers.

According to the Consumer Federation of America, when interviewing real estate agents or buyer brokers to buy a home, "Make certain at least one is a Buyer Broker that works exclusively with buyers."

The entire foundation of exclusive buyer representation is based on not having any real or potential conflicts of interest with a client. An Exclusive Buyer Broker will never change their fiduciary relationship with a client during the home buying process.

Never forget that while buyers and sellers need not be adversarial in actions and attitude, their personal interests are adverse. Buyers want the lowest price and best terms, and sellers want the highest price and best terms. We do not make wild claims that we will save a client $100,000 on their next home purchase. We do negotiate for our clients without any chance of real or perceived conflicts of interest. You would not expect less from your doctor, accountant, or attorney, so why settle for less on the biggest financial transaction of your life?

A Few Steps to Ensure You Select a Quality Exclusive Buyer Broker:

1. Be sure the Exclusive Buyer Broker is a realtor from a brokerage that does not ever take listings or represents sellers.

2. Use only Exclusive Buyer Brokers who have access to for sale by owner, new construction by builders, and realtor inventory homes in the MLS.

Should I use an Exclusive Buyer Broker when buying new construction?

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Did You Know ?

“Confide to a traditional real estate broker that you're prepared to bid as much as $250,000 on a house, and the broker may tip off the seller. Tell a buyer broker, and the seller will never know.”