What is an EBA ?
An EBA is an Exclusive Buyer's Agent. This is an agent that works in a firm that never represents sellers. This eliminates the unavoidable conflict of interest within a real estate firm, which is inherent to dual agency or designated agency.
Conflict of interest does not benefit a home buyer. Regardless of how dual agency is presented, it is impossible to serve both sides well in a transaction, because strategic guidance and negotiation require that the client's confidentiality be fully respected. EBAs therefore do all that is possible to serve the clients best interests. The entire firm is working on the side of the buyer.
Relinquishing the listing side of the commission is not something most Realtors are willing to do, but it is the best way to protect the client.
"EBA" is starting to be used by agents from listing firms who work with buyers. These buyer agents are not properly called EBAs, because their firms take listings, and therefore a conflict of interest within the firm can exist. Conflicted representation can be costly to the buyer in lost opportunity and negotiation advantage.
Working with and EBA means knowing for sure that your agent (and the entire firm they work for) represents you.
The agent you choose has a major role in determining what opportunity you enjoy, and what home you ultimately live in. Their commitment to do the right thing for you, there willingness to put your interests before their own, is all important. You won't know everything they do or fail to do in a transaction. You ability to trust them is crucial.
Our advice:
Before you choose an agent, look at the level of commitment they have made to protecting your interests. Judge them by these criteria before any other.
America's safe haven for purchasers of real estate.
We are Real Estate Company that believes in the rights of the buyer. Our missioon is to provide the finest quality buyer agency services (Realtors for the Buyer).
If you want a great buyer agent to work with, you have found the right company.
We are not interlopers. We are owned by EBAs, with financial recourses drawn from individuals dedicated to promoting ethical change in the real estate business. Contact us if you seek to with real estate agents you will trust, who will work in your best interests to assist you in buying the best possible property. We are in the business of providing buyer agency service to buyers, and in concert with that effort to foster a higher level of service to the public than has ever existed in the real estate business.
Being influenced by marketing is one way to choose an agent. Contacting a listing agent regarding a home and having your "buyer agent" chosen for you by accident is another. A third manner is to choose an agent based upon their convictions and experience. We strongly recommend this third method.
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