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            BUYERS   AGENT

 

           

                   SOME PROFESSIONAL OPINION

 

AARP:  "As a buyer,  the first thing you need to understand is that the agent generally works for the seller ... and the bottom line is to get the highest price in the  shortest amount of time!"

BUSINESS WEEK: A traditional real state broker is legally bound to work for the seller who pays the commission and therefore may be more  intent on selling listed homes than finding  your  dream  house.  Such  agents  must  pass  on information such as the  buyer's income to the seller, who

then has a better idea of what price to hold out for."

CHICAGO TRIBUNE:  "Hiring a buyer's broker costs the home buyer nothing extra."

CONSUMMER FEDERATION of AMERICA: "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 REPORTS:   "A buyer may  believe  a  broker  is 'scouring' the market...as a representative, when in fact, he or she is  picking  out  those  properties...  which  both  meet  the buyer's criteria and which also will bring in a large commission."

"A buyer  may  assume   that  the  broker  will  use   his  or her expertise  to  discover  defects  in  a  house, when  without  a contractual agency relationship, the broker may feel he or she has no duty to do so".

"You can't have partial loyalty, an agent either works for you or works for someone else." kkkkkkkkkkk

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FEDERAL RESERVE BOARD:  "You  can  often  negotiate a lower sale   price by employing a  buyer broker  who works for you, not the seller."

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