We only use attorneys
as our exclusive buyer agents.
I know there are some traditional real estate agents who sometimes may be innocently represent
themselves as an exclusive buyer agent.
Not exact matches
You'll want different characteristics in an
agent who specializes in sole representation of sellers, for example, over an
agent who works
as an
exclusive buyer's
agent.
At the hearing, REALTOR ® A defended her actions noting that she had told
Buyer B that she was the seller's
exclusive agent and,
as such, would not and could not represent
Buyer B's interests.
At the hearing, REALTOR ® X defended her actions noting that she had told
Buyer B that she was the seller's
exclusive agent and,
as such, would not and could not represent
Buyer B's interests.
The next 18 years saw each and every
Buyer Client who entered a BAA with my brokerage using me as their exclusive designated agent (my contracts included this exclusivity and out for the buyer should I ever had been forced to change brokerages) had 2.5 % plus GST listed in the remuneration portion of that cont
Buyer Client who entered a BAA with my brokerage using me
as their
exclusive designated
agent (my contracts included this exclusivity and out for the
buyer should I ever had been forced to change brokerages) had 2.5 % plus GST listed in the remuneration portion of that cont
buyer should I ever had been forced to change brokerages) had 2.5 % plus GST listed in the remuneration portion of that contract.
Designated
agents (also called appointed
agents) are chosen by a managing broker to act
as an
exclusive agent of the seller or
buyer.
Despite no discernible public outrage, some
exclusive buyer's
agents are condemning other forms of
buyer representation
as self - serving.
An
Exclusive property listing that isn't marketed
as an MLS listing, would typically be expected to produce a higher likelihood that the listing
agent (sales rep) would need to find a
Buyer more on their own, and perhaps also represent that
Buyer in the purchase.
She is a member of the National Association of
Exclusive Buyer Agents,
as well
as the nonprofit Massachusetts Association of
Buyer Agents.
Exclusive representation gives the broker /
agent the ability to negotiate with unrepresented sellers (such
as for sale by owners) on the
buyer's behalf.
The property might be unique, very special, that will appeal to a large number of
buyers, and an
agent might see an open listing
as the only solution because the seller will not agree to an
exclusive right - to - sell listing.
Curtis Properties Corp. v. Greif Companies (236 A.D. 2d 237)- cause of action in quantum merit reinstated (see, Curtis Properties Corp. v. Grief Companies [212 A.D. 2d 259]-RRB-; broker engaged
as exclusive buyer's
agent; broker may proceed both on breach of contract and quasi-contract theories where there is a bona fide dispute
as to the existence of a contract or the contract does not cover the dispute in issue; quantum meruit recovery is proper where the defendant wrongfully has prevented the plaintiff's performance of a written agreement; broker negotiated lease terms for principal with a third party which principal used to negotiate their own lease terms with their current landlord.
Attorney Matthew M. Cummings is an
exclusive buyer agent who works from Mansfield, Massachusetts,
as well
as an office in Canton, Massachusetts.
As an
exclusive buyer's
agent I take a pro-active approach for my
buyer clients in actively searching for properties that are not listed with an
agent or locate that «best buy» in the area!
Also known
as «EBA's» (
Exclusive Buyer Agents).
As an
exclusive buyer's
agent I want my clients to know about all properties on the market for sale including by owners or properties that have not come on the market!
I must admit, I wasn't aware that, that company is... That dual
agents used designated
buyer brokers
as opposed to
exclusive buyer brokers will give incentive to the
buyer brokers to sell properties that are being listed by that firm.
1] § 17 - 530 (d)(1)(v) Establishes that «An intra-company
agent representing the seller or
buyer may provide the same services to the client
as an
exclusive agent for the sell or
buyer, including advising the clients to price and negotiations strategy, provided that the intra-company
agent has made the appropriate disclosure to the client and the client has consented,
as required by this section, to dual agency representation.»
«
As a first - time
buyer, consider hiring an
exclusive buyer's
agent who will protect your interests and help find homes that match your criteria.»
79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses
as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to
buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using
exclusive right to sell listing agreement without mandatory definitions of «
exclusive right to sell» and «
exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them
as to
buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the
buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by
buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name
as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted
as undisclosed dual
agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained
The sales team of Scot Hirschfield, Shimon Shkury, Jason Gold, and Victor Sozio, served
as exclusive agents for the seller, a private investor, and procured the
buyer, a local investor.
The sales team of Daniel Tropp, Jonathan Berman, and Mark Spinelli served
as exclusive agents for the seller, a private investor, and procured the
buyer, also a private investor.
Findings from a new,
exclusive survey of more than 300 licensed residential real estate
agents by the Consumer Reports National Research Center point to certain factors, such
as smart pre-sale fix - ups and negotiable
agent fees, that can financially benefit both sellers and
buyers.
Those «unsuspecting sellers» Teri Gardner refers to might very well be in the market to buy after they sell their home, and if so, they'll certainly not «later regret» having retained an
exclusive buyer's
agent as their representative.
If you want to find it on your own, they will do that,
as well, but the nice thing about working with an
exclusive buyer agent is that if you need them to, they will look over things like your good faith estimate and the paperwork that you receive from your mortgage company or your lender, and make sure that you're truly getting the best deal over the life of your loan.
Certainly, a real estate
agent,
as I mentioned before, an
exclusive buyer agent will help you look at your financing, make sure you're getting the best deal with that.
Rich Rosa, co-founder and co-owner of
Buyers Brokers Only, LLC, discussed a variety of home - buying topics, including using an exclusive buyer agent, how buyer agents get paid, the Greater Boston real estate market, what to consider when making an offer on a home, the importance of retaining an experienced real estate lawyer, why your buyer agent should be acting as a buffer between you and the listing agent and home buyers not getting overly emotional about homes, with The Money Show host Rick Sh
Buyers Brokers Only, LLC, discussed a variety of home - buying topics, including using an
exclusive buyer agent, how
buyer agents get paid, the Greater Boston real estate market, what to consider when making an offer on a home, the importance of retaining an experienced real estate lawyer, why your
buyer agent should be acting
as a buffer between you and the listing
agent and home
buyers not getting overly emotional about homes, with The Money Show host Rick Sh
buyers not getting overly emotional about homes, with The Money Show host Rick Shaffer.
Rick Shaffer: I would assume that you certainly and that you expected that the number of
exclusive buyer agents only, not just having the same name, but what that describes is going to increase
as people become more and more aware of the benefits of having an
exclusive buyer agent.
We not only have information on our organization but on an
exclusive buyer agency financing, inspections, we have a complete FAQ on there so people can find all the information they need
as well
as find a way to find an
agent that is an
exclusive buyer agent.
However, some
agents work solely
as exclusive buyer's
agents and never, ever take a listing.
Designated agency has been legislatively created in many states, allowing the management of a brokerage to establish an office policy, whereby the managing broker appoints, or designates, one licensee associated with that brokerage to act
as the
exclusive agent of the
buyer and another to act
as the
exclusive agent of the seller.
A
buyer's
agent is known
as a selling
agent (not to be confused with a seller's
agent), a buying
agent or, in some states, an
exclusive buyer's
agent.