Learn & Earn / Exclusive Buyer Agency / Next Topic Endorsed by Consumer Advocates Nader Attacks Real Estate 'Informal Cartel' "Nader, head of the Center for Responsive Law, heralded one recent industry development, buyer brokers, and derided another - dual agents. He said the industry needs more buyer brokers, who represent consumers negotiating real estate deals and help them get the lowest possible price." Good News for Exclusive Agents and Consumers "Do not work with subagents unless there are no other alternatives." The report goes on to "it makes no sense for there to be two agents representing the seller." The buyers "will not receive representation in the transaction and are likely to pay top dollar." Changes in Real Estate Agent Representation If you want representation, work with a buyer broker. They are legally obligated to represent your interests in any negotiations with sellers. |