What is exclusive buyer representation and how did it develop?
In 1983, a Federal Trade Commission study revealed that over 72% of all home buyers nationwide mistakenly believed they were being represented by the agent who was showing them homes. As a result, laws requiring agents to disclose exactly who they represent have been passed all over the country. When consumers became aware that most agents worked for the seller, they began demanding their own representation. In response, The Buyer's Agent , Inc. began offering exclusive buyer representation to home buyers.

Before selecting a real estate agent ask all the agents you interview these questions:

• Do you spend 100% of your time assisting Buyers?
• Will you guarantee me that you will not be representing any seller at any time while you are working for me?
• Do you, or the company you are with, ever list properties for sale?
• Will you point out all the negative aspects of each property as well as all the positive aspects so I will be fully informed when making my decision?
• Will you provide information on comparable sales and help me formulate an offering price and negotiating strategy?
• Do you have a list of lenders, home inspectors, insurance agents and other professionals that you recommend?
• Will you tell me everything you can find out about the seller and their reasons for selling?
• Will you show me all the homes on the market that meet my needs, including For Sale By Owner properties, foreclosures, and other properties?
• Will you guarantee that any information I give you will be kept confidential?
• Will you guarantee me your undivided loyalty?
• Will you guarantee me you will not try to change your relationship with me to "dual agency", "designated agent", transactional agent", or any other form of agency that offers reduced levels of service?
Can you guarantee me 100% loyalty 100% of the time?