Buyer Agents and Exclusive Buyer Agency is NOT a new concept. Since the mid 1990's many news publications have touted the importance of hiring your OWN buyer agent, and particularly recommending Exclusive Representation from a 'True Buyer's Agent,' the 'Exclusive Buyer Agent (EBA)'.If you plan to purchase a home or buy land or other real property, you may want to become more informed about the type of buyer brokers and agents available in your area you are interested.Here are just a few news quotes found during the early years. Come back to our site later and we will give you some later quotes and their sources.
"Unless the agent is an exclusive buyer's agent..... there is a potential conflict of interest" CHICAGO SUN TIMES JUNE 22,1997
"Hiring a buyer's broker costs the home buyer nothing extra" CHICAGO TRIBUNE MAY 31, 1997
“Exclusive agencies are best. They remove any conflict of interest, which is the main reason for considering a buyer broker in the first place."
"Exclusive buyer's brokers work only with buyers and don't take listings. They're obligated to help you find the best deal and lowest price." Kiplinger's
"Many people don't realize that, unless specifically stated otherwise, brokers are legal representatives of sellers. A buyer's broker, representing only the buyer, may be able to secure a better price and better terms." Good Housekeeping
"Nader again held up exclusive buyer brokerage as the only legitimate option for the home buying public." RALPH NADER - AGENCY LAW QUARTERLY AUGUST 1996
"Exclusive Buyer's Agents work only for consumers and often can save them money" LOS ANGELES TIMES JANUARY 7, 1996
"Only by using an exclusive buyer agent can a buyer be sure all information is kept confidential. Only an exclusive buyer agent can give the buyer an objective, experienced opinion of the homes viewed to ensure the buyer gets the right home, in the right location, at the right price." Mobility Magazine
"But consumer advocates say it cheats both buyers and sellers, denying them an agent's allegiance and undivided attention at a time when they're making a major financial decision."You're either loyal or you're not. It's like being slightly pregnant," says Maureen F. Glasheen, former counsel to the New York secretary of state, who opposes dual agency. " Wall Street Journal
"Unlike the traditional agent who looks out for the seller, a buyer broker acts as your advocate, helping you find the home you want, then negotiating the lowest possible price." MONEY MAGAZINE MAY 1995
"consumer groups strongly endorse the use of buyer's brokers to avoid conflicts of interest" ORANGE COUNTY REGISTER JULY 14, 1996
" Exclusive buyer agents make every effort to get the lowest possible price for their buyers" THE SAN FRANCISCO EXAMINER MARCH 23,1997
"If your real estate agent isn't a buyer broker, he works for the seller." US News
"Groups such as the Consumer Federation and the American Association of Retired Persons recommend using buyer's agents... the reason is they work" SMART MONEY JUNE 1995
"The only way to get an agent really on your side is to use an exclusive buyer's agent. I wholeheartedly suggest you look for one when you get ready to buy." TIPS AND TRAPS WHEN BUYING A HOME / by Robert Irwin
"Until recently, all residential real estate agents and brokers represented the sellers, a fact lost on most home buyers. Now... a new breed of brokers has emerged to fend for them." THE WALL STREET JOURNAL
"You save big bucks by hiring a buyer broker" MONEY MAGAZINE JULY 1996
To learn more about Exclusive Buyer Agency, to search for homes and property in Northeast Tennessee and Southwest Virginia.... the Tri-Cities, TN area... including Johnson City and Kingsport, TN and Bristol, TN/VA and the award winning NE Tennessee/Virginia Area, go to http://tnbuyerbroker.com/ or call Toll Free: 1-877-693-0533. Search For Homes on our site!