All Florida Realtors are NOT the same. You may start off with a Buyer’s Agent and end up with something entirely different, a Transaction Broker that can’t represent your interests.
If the answer to these two questions is NO, you will have eliminated the potential for “conflict of interest “. Only Exclusive Buyers Agents can provide you fiduciary representation every step of the way.
Exclusive Buyer’s Agents never take listings, never represent sellers, or act as Transaction Brokers – they only and always represent the best interests of the home buyer. They work only in an Exclusive Buyer Brokerage office like For Buyers Only of St Augustine, Florida. You will never find an Exclusive Buyer’s Agent in an large traditional office like RE/MAX, Watson Realty, Coldwell Banker, Century 21, Keller Williams, Exit, or any other office that has listings. An Exclusive Buyer’s Agent commission is paid by the seller at closing, no differently than any other real estate agent.
In the State of Florida most real estate agents are Transaction Brokers. Legally these brokers cannot advocate for either the buyer or the seller. That means they cannot tell you a property is overpriced, cannot write a contract favorable to you or negotiate in your best interests. Their job is to put the transaction together, even if it means you overpay for the property. An Exclusive Buyers Agent will negotiate for the best price and most favorable terms for the buyer only.
Many Florida offices have agents claiming to be Buyer’s Agents who spend the majority of their time representing sellers and searching for more property to list. These are not buyer specialists. Exclusive Buyer’s Agents are specifically trained to promote the buyer’s best interest and are the buyer specialists who understand your needs.
BUYER BEWARE:
Some agents may “bait” you by telling you they will be your Buyer’s Agent, and then “switch” you to a Transaction Broker Relationship, which means they can stop representing you at any time during your relationship. By signing a Transaction Broker Notice, you are giving away your legal right to have your own agent work for you. Why take a chance? Smart homebuyers always choose an Exclusive Buyer’s Brokerage office like Buyers Broker of Florida
A Buyer Agents’ job is to get you the lowest price possible and the best terms available. Every homebuyer needs a Buyer’s Agent in their corner. Would you go to court with an attorney that does not represent you? Of course not! So why would you want an agent who does not work for you? Make a smarter choice. Choose an Exclusive Buyer’s Agent.
Exclusive Buyer Agent (EBAs) work solely for buyers, avoiding the conflicts of interest inherent in the traditional seller-oriented purchase transactions. This unique relationship of committed trust and care assures buyers the best possible home buying experience.
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The National Association of Exclusive Buyer Agents (NAEBA) is an organization of real estate professionals who have dedicated their business lives to representing only buyers of real estate. To avoid conflicts, we do not list homes for sale and we never represent sellers. This restriction to one side of the real estate transaction ensures that the interest of home buyers is protected in every step of the real estate transaction, from house-hunting and negotiation, to inspection, financing and closing.
