| A Homebuyers Service From CLHLLC |
BUYERS AGENTcontinued
SOME PROFESSIONAL OPINIONcontinued
FEDERAL TRADE COMMISION: "Many buyers may run several risks...if they identify as 'their broker' a person who is not in fact intending to act as their agent. For example: A buyer may 'reveal information he or she might otherwise wish to keep confidential' because such information would help brokers working for the seller in obtaining the highest price for a home."
GOOD HOUSEKEEPING: "Many people don't realize that, unless specifically stated otherwise, brokers are legal repre- sentatives of sellers. A buyer broker, representing only the buyer, may be able to secure a better price and better terms."
KIPLINGERS CHANGING TIMES: "Exclusive agencies are the best. They remove any conflict of interest, which is the main reason for considering a buyer broker in the first place."
MONEY MAGAZINE: "Unlike the traditionl agent who looks out for the seller, a buyer broker acts as your advocate, helping you find the home you want and then negotiating the lowest possible price."
READERS DIGEST: "Always remember that a real estate agent does not work for you, but for the seller. If you want an agent on your side, get a buyer broker."
SMART MONEY MAGAZINE: "Many groups like Consumer Federation of America and AARP recommend using buyer's agents."
U S A TODAY: "Most agents who show you homes don't represent your interests. They work for the seller, and their object is to sell the house for the highest possible price."
U. S. GENERAL SERVICES ADMINISTRATION, Consumer Action Handbook: "Buying a home is one of the most complex financial decisions you'll ever make. Consider hiring a buyer-broker who works for you not the seller. Real estate agents represent the seller not the buyer."
U. S. NEWS & WORLD REPORT: "Buyer brokers: agents that buyers can call their own...If your real estate agent isn't a buyer broker, he works for the seller... Buyers no longer have to fend for themselves."
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