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Here's what the industry is saying about exclusive buyers agents:
In its Home Shopping booklet, the US Department of Housing and Urban Development states: "If you want someone to represent only your interests, consider hiring an ‘exclusive buyer’s agent, who will be working for you."
"You'll get the surest representation from a single-agency broker or an exclusive buyer's broker." Kiplingers
" Not all buyers agents are created equal. Most home shoppers use agents who work for companies that also list properties, and they're likely to steer you to company listings first," says Stephen Brobeck of the Consumer Federation of America. "It's an irreconcilable conflict of interest." Newsweek Magazine
"How can one person really represent both interests at the same time? If you live in a state where dual agency is allowed, the only way to avoid it is to work with an exclusive buyer's agent--someone who doesn't take listings or work for an agency that also represents sellers." DailyFinance.com AOL Real Estatee
"While dual agency is inherent to your business, it can — and probably should — be minimized. Dual agency is fraught with difficulty. Licensees are expected to walk the center line without faltering." James L. Goldsmith, ,Esq., PAR Blog, Just Listed
Money 101: "What you need is an exclusive buyers agent" CNN's Money Magazine
"Consider using a buyers agent." ConsumerReports.org
That's what the industry is saying. Now hear what clients of Sage, exclusive buyers agency, have to say.
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