Exclusive Buyers Agents the Best Kept Secret in Radnor Real Estate

Exclusive buyers agents are the best kept secret for home buying Radnor real estate. But what are they? Sellers of homes in Radnor or anywhere on the Main Line cannot pick up their product and take it to a retail setting to sell it. Hence, for many years the market has been manipulated by agents—“middle” men and women. And for most of history, those agents represented the sellers. Not until the advent of resources like Multiple Listing services and internet websites where everyone’s “products” were available to all potential buyers, did the concept start to make no sense. There developed then the idea of a buyer’s agent. But the concept of exclusive buyers agents—those who ONLY represent buyers and have no listings to “tout”, is a very new one in Radnor and elsewhere across the country.

While real estate sales practices have made significant advances toward making the listings more informative and more available to the public, another area of real estate has become murkier—whose interests the agents represents during the process. As late as 1973, 71% of buyers thought the agent showing them properties was “their” agent when in fact the agent represented the seller. Outside the real estate world, agency law was quite clear—any agent owed duties of loyalty, obedience, protection from harm, confidentiality, full disclosure and accountability of funds. Other occupations operated under this system without problems. But not in real estate. It was not until 1998 that agents in Pennsylvania had to disclose to the buyers and sellers whose interests they were representing in a transaction.

Not accepting any listings at all, which is what exclusive buyers agents do, can mean loss of income. Only one-half of one percent of agents in the United State practice exclusive buyer’s agency. Almost none are practicing in the Radnor, Main Line area. Linda Walters, broker-of-record and owner of Sage Realty, is one of the only exclusive buyers agents in Radnor and the Main Line area.

Studies have shown that people working with buyers’ agents see more homes, pay less and buy more quickly than those who do not have this representation.
They do this by providing all the information, not just that which will make the deal happen.

It makes sense that exclusive buyers agents take this duty one step further. They show all houses they can find, even unrepresented seller’s houses (FSBO’s). They write letters to owners in neighborhoods the buyer has identified as desirable. They point out every problem they see with houses and reasons to think twice about buying them. They educate as to comparable sales, appreciation rates, hidden loan fees, inspection issues, insurance problems and all the hazards that they have come to know about as a buyer’s advocate. They suggest alternatives. They keep their buyers’ motivations and weak negotiating positions to themselves. They continue looking even after the buyer seems interested in a particular property that they have seen. They recommend the best financial and non-financial terms in the agreement of sale that their experience tells them will be palatable to the seller and present such a well-thought-out and professionally written offer that the seller wants to sell to their buyer.

Exclusive buyers agents in Radnor and anywhere on the Main Line offer buyers the best of all possible worlds in a universe where the cards are stacked against them.

To learn more about the advantages of exclusive buyers agents contact, Sage Realty LLC, Exclusive Buyers Agency at 610-687-4000 or visit www.FindAHomeinPA.com.

Featured Listings

Character, opportunity and an incredible location.
$595,000
562 Hilaire Road
Wayne, PA 19087
MLS# 7027172

 

For more information contact Sage

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Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.