Buyer Brokerage FAQ

National Association of Exclusive Buyer Agents
The National Association of Exclusive Buyer Agents (NAEBA) is a professional organization of real estate buyer agents and buyer brokers who only represent home buyers. Members of NAEBA do not accept listings, advertise properties for sale or represent sellers at any time.

By providing exclusive fiduciary duties to home buyers, NAEBA members avoid the conflict of interests that arise when the same firm attempts to represent both buyers and sellers.

NAEBA was formed in the mid-1990s, after industry lobbyists redefined how agency works. The creation of “dual agency” was a big win for traditional real estate brokerages, allowing the collection of real estate commissions from both the buying and selling side of the transaction, but it left home buyers at a serious disadvantage.

NAEBA was created to fill the void faced by home buyers and to provide a professional association that would further the standards and ethics of fiduciary duty to buyer-clients. Exclusive Buyer Agents are recommended by HUD, Kiplinger’s, Consumer Reports, the Consumer Federation of America, NerdWallet and many other entities and publications.

The need for Exclusive Buyer Agents continues to grow. Today, there are 5 different agency structures in the U.S. that permit double-dip commissions. None of these offer any real advantage to home buyers. Instead, they reduce the potential liability involved in dual-commission transactions. These same agencies will insist there is no conflict of interest, even while they benefit from customized legislation.

We believe there is a better way of doing business. The National Association of Exclusive Buyer Agents is comprised of members who voluntarily dedicate their careers to the exclusive representation of home buyers. We believe that providing fiduciary duty to the buyer is the best way to foster the American dream of home ownership.

We provide buyers with the information, resources and guidance they need to make educated decisions, empowering them for long-term success in the real estate market. This adds stability to our real estate markets, benefiting our communities and the real estate industry alike.

If you are a home buyer, we encourage you to learn more about Exclusive Buyer Agency and how it helps you!

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Why use an exclusive buyer broker

A home purchase is a significant and expensive transaction with long-term financial implications. Buying a home wisely, at the right price and terms, can provide a lifetime of benefits and enjoyment! But if you overpay for a home, or choose a home that involves more upkeep than you can manage, trouble could be on the horizon.

In order to make the best possible home buying decisions, you need to have the best possible information and guidance. Using an Exclusive Buyer Agent provides you with a superior level of representation and protection. This is because an Exclusive Buyer Agent only serves the homebuyer, and focuses their expertise on the buyer’s needs and concerns.

You might come across other types of real estate “buyer agents” online who make similar claims. Not all buyer agents are Exclusive Buyer Agents. Here’s what you should know.

Any real estate agent can call themselves a “buyer agent” and provide basic home search and showing appointment services. They make promises like “helping you find your dream home.” They are not restricted to one client type or the other. In practice, they usually represent sellers.

An Exclusive Buyer Agent will:

• Keep your motives and budget confidential
• Protect your best interests at all times
• Educate you about market conditions and the home buying process
• Perform market price comparisons and protect you from over-paying for a home
• Negotiate exclusively on your behalf, obtaining the best price and terms
• Fulfill fiduciary duties and adhere to high standards of ethics and integrity
• Provide these services and more at no additional cost you

Some “buyer agents” are “Accredited Buyer Representatives©.” The ABR© designation is a branded specialty offered by the National Association of Realtors© (NAR.) While NAR provides buyer agent education and guidelines, they also allow these agents to have listings and represent sellers.

Other agents may work for brokerages that practice dual agency or “designated agency.”

If a “buyer agent” gives you a dual agency disclosure, they’re not representing you!

Only an Exclusive Buyer Agent provides you with the highest level of fiduciary duty and representation. An Exclusive Buyer Agent will provide pre-purchase counseling, mortgage lender referrals, and home search and showing services for all homes on the market, not just the MLS.

See what the media, consumer organizations, and even government agencies have to say about Exclusive Buyer Agents

What is an Exclusive Buyer Agent (EBA)?

A home purchase is a significant and expensive transaction with long-term financial implications. Buying a home wisely, at the right price and terms, can provide a lifetime of benefits and enjoyment! But if you overpay for a home, or choose a home that involves more upkeep than you can manage, trouble could be on the horizon.

In order to make the best possible home buying decisions, you need to have the best possible information and guidance. Using an Exclusive Buyer Agent provides you with a superior level of representation and protection. This is because an Exclusive Buyer Agent only serves the homebuyer, and focuses their expertise on the buyer’s needs and concerns.

You might come across other types of real estate “buyer agents” online who make similar claims. Not all buyer agents are Exclusive Buyer Agents. Here’s what you should know.

Any real estate agent can call themselves a “buyer agent” and provide basic home search and showing appointment services. They make promises like “helping you find your dream home.” They are not restricted to one client type or the other. In practice, they usually represent sellers.

An Exclusive Buyer Agent will:

• Keep your motives and budget confidential
• Protect your best interests at all times
• Educate you about market conditions and the home buying process
• Perform market price comparisons and protect you from over-paying for a home
• Negotiate exclusively on your behalf, obtaining the best price and terms
• Fulfill fiduciary duties and adhere to high standards of ethics and integrity
• Provide these services and more at no additional cost you

Some agents may work for brokerages that practice dual agency or “designated agency.”

If a “buyer agent” gives you a dual agency disclosure, they’re not representing you!

Only an Exclusive Buyer Agent provides you with the highest level of fiduciary duty and representation. An Exclusive Buyer Agent will provide pre-purchase counseling, mortgage lender referrals, and home search and showing services for all homes on the market, not just the MLS.