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Buyer Broker - "In the News". What Prominent Authorities are Saying About Exclusive Buyer Representation"To protect themselves, buyers can retain their own exclusive representative called a "buyer broker". Your local agent may offer such services, but be aware that the agents who also work as sellers' brokers can sometimes end up on both sides of the deal." Business Week The best solution, he says, is to enlist a who has no listings axe to grind. Small Business Visa Article quoting Anthony Dyson The Real Estate Advisor Your goal should be to engage an agent who will represent your interests. Not just a buyer broker, but an exclusive buyer broker. Make sure that is what you are getting." Joseph Eamon Cummins Author, NOT ONE DOLLAR MORE! The best brokers are so-called exclusive agents - that is, they represent only buyers, never sellers..." Money Magazine "Groups such as the Consumer Federation of America and the American Association of Retired Persons recommend using buyer's agents...The reason is that they work." SmartMoney "Only by using a buyer broker can a buyer be sure all information is kept confidential. Only an exclusive buyer agent can give the buyer an objective, experienced opinion... Mobility "To buyers: If you want representation, work with a buyer broker. They are legally obligated to represent your interests in any negotiations with sellers." Consumer Federation of America "Exclusive Buyer's Agents only work for consumers and often can save them money - and they don't cost more to hire...Buyer's agents are not tied to any particular property or agency..." Los Angeles Times "Hire a buyer's broker.. the best defense is a strong offense." Worth "Significantly, by consenting to dual agency, you are giving up your right to have your agent be loyal to you, since your agent is now also representing your adversary. Once you give up that duty of loyalty, the agent can advance interests adverse to yours. For example, once you agree to dual agency, you may need to be careful about what you say to your agent because, although your agent still cannot breach any confidences, your agent may not use the information you give him or her in a way that advances your interests." New York State Department of State Counsels Office
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