No matter where you live in Central Ohio, you see marketing by local real estate agents. Typically, these agents work for home sellers, but they advertise “services” to home buyers in the same breath. Home buyers seldom realize that when they use an agent who represents both buyers and sellers, they are placing themselves at a serious disadvantage.
Most real estate brokerages practice “dual agency,” meaning they are transaction focused. When an agent works for a brokerage that has listings to sell, their #1 job is to sell those listings – for the highest possible price! As a home buyer, your objective is to purchase a home for the lowest possible price. These conflicting goals create agents who are transaction facilitators. By the nature of dual agency, they are unable to provide specific advice to buyers that could compromise the seller’s interests.
Yet this same type of agent can pass along information about the buyer to the home seller, which weakens the buyer’s negotiating power. And because traditional agents are motivated to sell their own brokerage’s listings, you may have less exposure to other properties on the market. You could also end up overpaying for a home, and/or buying a home that isn’t a good fit for your needs.
There is such a significant difference between traditional agents and Exclusive Buyer Brokers and Agents that we wrote an e-book about it: “How to Buy a Home Like a Pro.” You can download it free from our website, without any obligation. It provides expert home buying insights that you won’t find anywhere else!
In the meantime, here’s a quick way to understand what makes Exclusive Buyer Brokers different: we provide a fiduciary level of service to home buyers, 100% of the time, with no conflict of interests. We never represent sellers or accept listings. We focus exclusively on your needs as the home buyer, getting you the best possible price and terms.
We can also show you any home on the market – including For Sale by Owner (FSBO) or for sale by home builder, or for sale by an agency through the Columbus Regional Multiple Listing Service. Since we do not hold listings of our own, we have no vested interest in any particular home on the market.
We also help you evaluate your mortgage offers, helping you find the best financing for your needs. And when you tour homes with us, we will give you honest, objective advice about the price and quality of the home. When you’re ready to make an offer, we will walk you through the contractual language and the protections we provide.
As Exclusive Buyer’s Brokers, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, Exclusive Buyer’s Brokers only represent you, the buyer, getting you the best price and terms with no conflict of interest, at all times.
Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!
Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!
Andrew Show
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services www.BuyersHome.com
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax
