"Client" benefits of Florida's Exclusively Buyers Brokerage !
Avoiding the "Transaction Broker" Trap.
In 1983, a Federal Trade Commission study revealed that over 72% of all home buyers mistakenly believed that they were represented by the agent who was showing them homes. The fact was that most agents showing homes were representing sellers interest. And by the legal requirements of "agency representation", a Real Estate agent must negotiate in the best interest of their client. This requires not withholding any information from them (possibly meaning they would reveal such important information as buyer's motivation, financial qualification etc.) and presenting their property in the most favorable way. When consumers became aware of this, they demanded their own representation. Consequently, laws requiring disclosing representation were passed all over the country... Enter the "exclusive buyer agent", an agent that does not have conflicts of interest since he/she only represents buyers in a transaction. An Exclusive buyer agent must also work in Buyers Brokerage the Buyer's only getting back to the legal definition of "Agency Representation".
Personalized Exclusive Buyer Agent Services
Due to the FTC finding and the widespread practice of "Dual Agency", where the seller's agent would represent both the Seller and the Buyer… "Conflict of Interest" was a legal problem that more and more brokerages had to deal with. Florida is now a "Transaction Brokerage" state. That is, all Florida Real Estate Brokerages are assumed "Transaction Brokerages", in that they can not provide Full Disclosure or Representation to either party. These Transaction Brokerages represent 98% of Florida brokerages. With today's "Transaction Brokerage" you are a CUSTOMER as opposed to a CLIENT... and there is a huge difference. Think of an attorney with Clients as opposed to a retail store with Customers.
Who should become a "Client"….
Some will argued that today, Florida Law protects the Buyer's interest from a Seller orientated Florida Real Estate industry and Dual agency. However, in 2008 the state of Florida DROPPED the long standing requirement that a Real Estate Agent must identify in writing who he/she was working for or representing at the very first meeting with a new customer. This law was originally written to provide Transparency in representation and to protect buyers from agents not disclosing they were really working for the seller. If you are planning to purchase Real Estate in the next 6 months you should contact Exclusively Buyers Realty of Florida at 1-866-200-5836 to begin your property search and obtain market information or the Florida Association of Exclusive Buyer Agents (FAEBA.ORG).
Exclusively Buyers Realty of Florida is a Buyers Brokerage. We work exclusively for Florida Real Estate buyers. A Buyers Brokerage means we never taking listings or contracting with sellers to SELL property. Our goal is simply, to provide Buyers a level of Buyer Advocacy, support and professional commitment not possible in todays traditional, seller orientated Transaction Broker brokerage. This level of dedication to buyers exclusively, provides our Buyers Clients, 100% representation 100% of the time, full disclosure of all relevant information related to the property and the seller, complete honesty and the professional real estate skills that allow our Buyer Clients to make the very best possible purchase. This commitment to Florida home buyers can not be achieved in any Florida Transaction Broker brokerage..
As your advocate, we will find you the right property, negotiating the very lowest price, safeguarding your interests and managing the buying transaction all the way through to closing.
As our client, you will immediately notice the lack of a SALES AGENDA. We put our commitment to you in writing.
Get the ADVANTAGE... the Florida Exclusive Buyer Agent ADVANTAGE 866-200-5836
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