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Exclusive Buyer Agents – a Synopsis

By James Blee Subscribe to RSS | December 12th 2011 | Views:
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Exclusive buyer agents! What they are actually?

They are professionals who work only for the home buyers. However, taking any sort of home listings is not a part of their job. Selling of homes and land properties are not part of their job neither do they take provide protection to the sellers. Rather, they only protect the buyers and are always there to work for buying of properties and homes.

An exclusive buyer broker is paid by the seller of the home property. In fact, it is a sort of commission which is paid to the broker and it is not a fixed payment. There is a certain percentage of the total sell amount that the broker needs to be paid. This percentage is fixed through several mutual discussion and negotiation processes. The buyer will never pay the EBAs any commission.

A question may arise: “Is there any possibility to work without a buyer agent?” It is absolutely not possible. If you are trying to save the money by not appointing the EBAs, then you need to know that such a step cannot be taken. There is a particular commission structure that has been defined during the contract between the agent and the seller. In fact, this commission structure splits in between the agent of the seller and the buyers. However, if not anyone of the agent is present, then the entire commission will be awarded to the other agent.

However, the EBAs are much different than the regular agents available at the market. While the regular ones for both home sellers as well buyers, the EBAs only work for the sellers. EBAs are always the better option to avail as the scope of arousing any conflict situation is very little.

James Blee - About Author:
For more information on exclusive buyer agents, check out the info available online; these will help you learn to find the exclusive buyer broker!

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