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Buyer's Agency DC Flag

Along the Potomac

What is an Exclusive Buyer's Agent?

An Exclusive Buyer's Agent is an agent representing only the buyer, with absolutely no duty to the seller. Not all agents who show homes to buyers represent the buyer. This relationship (or agency) can only be established though a written agreement. The duty of an exclusive buyer's agent is to locate the right home for the buyer, negotiate on buyers' behalf for best price and terms, maintain buyer's confidentiality and disclose all known information about the seller AND THE HOME to the buyer.

Why Use An Exclusive Buyer's Agent?

  1. Only an Exclusive Buyer Agent can GUARANTEE to represent you in your home purchase.

  2. An Exclusive Buyer's Agent provides the true facts as to value, market/neighborhood conditions, and obvious physical defects.

  3. The high level of negotiation training and expertise of an Exclusive Buyer's Agent truly levels the playing when it is time to make an offer on a property.

  4. Because an Exclusive Buyer's Agent only represents buyers and does not have in-house or company listings, a seller is always unaware of the price buyers are willing to spend during the negotiation process, bringing the advantage back to the buyer and the buyer's wallet. For this reason alone, it is very common to save thousands of dollars during the critical negotiation process.

  5. An Exclusive Buyer's Agent will insist that the buyer utilize a qualified home inspector who will treat the buyer as their client, and not as a customer.

  6. Listing agents (the ones with the sign in the front yard) and the company that they work for represent the SELLER, not the buyer. Their job is to get the SELLER the highest price on the best terms.

  7. An Exclusive Buyer's Agent's job is to get the BUYER the lowest price on the best terms.

  8. Exclusive Buyer's Agents will do a better job for transferees that anyone else. They will give you the facts, good and bad.

  9. A listing agent cannot tell you about many things that would be detrimental for the BUYER because they work for the SELLER.

  10. An Exclusive Buyer's Agent will help you with your financing alternatives. They may advise you to be pre-approved by a lender. Why? Because a fully approved loan makes you a cash buyer.

  11. EBA’s have a legal and ethical obligation to put your interests first!

  12. It just makes sense!

Ready to Get Started? Contact our Featured Exclusive Buyer's Agent now.

Where Do I Start? If the home buying process sounds overwhelming, take a look at our 10 Steps to Home Ownership. These easy-to-follow steps will guide you from pre-approval to moving day.

How Do I Know What I Can Afford? There are many ways to determine your buying power, but the easiest way is to talk with a lender. Contact our Featured Lender to see how much you can comfortably spend on a home.

Tired of Renting and Getting Nothing In Return? Find out how you can benefit from owning a home rather than renting from someone else. The wide range of benefits may surprise you. Visit the Renting Section.

How Do I Find My Dream Home? If you are searching for a home, contact a real estate agent to walk you through the home buying process. Our Featured Agent can help you determine your Needs and Wants and show you the homes that are available now.

 

 

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