April 23, 2012, 8:41 p.m. EDT
Home Buying Experts Say “Don’t Do What We Did” When You Buy Your Home
AVONDALE, Ariz., April 23, 2012 /PRNewswire via COMTEX/ — A recent member poll conducted by the National Association of Exclusive Buyer Agents (NAEBA), the organization of real estate professionals who advocate for buyers, found that many members took significant risks or made bad real estate decisions before they became experts in the field.
According to 2011-2012 NAEBA President Ulrich Salzgeber, “Some of our people really went out on a limb when they purchased homes. In some cases they were ingenious ideas, but not ideas they would suggest to their clients today.”
The survey results have been included in a report that is being made available to home buyers. It includes mistakes related to relocation, financing, land contract purchases, agent choice, reckless buying behavior and much more.
“As exclusive buyer agents one of our roles is to help buyers reduce risk in their real estate purchases and to help buyers manage the risks that are inherent in the transaction. To some extent our clients now benefit from these mistakes since in some cases it was the mistake and bad experience that followed that led these people to help others avoid making similar bad decisions,” Salzgeber added.
ExclusiveBuyerAgency is the practice of representing only buyers and never sellers in a transaction. The company never lists a seller’s property and thus never has a seller as a client.
The report on Mistakes made by Exclusive Buyer Agents is available as a free download at the associations website: http://www.exclusivebuyeragentsblog.com/wp-content/uploads/2012/04/20120409DontDoWhatWeDid.pdf
About NAEBAThe National Association of Exclusive Buyer Agents (NAEBA) ( http://naeba.org ) is an organization of companies dedicated to representing only buyers of real estate. NAEBA member brokerages do not list homes for sale and never represent sellers. This restriction to one side of the real estate transaction avoids conflicts and ensures that the interest of the home buyer is protected at all times from house-hunting and negotiation, to inspection, financing and closing.
NAEBA is pioneering a nationwide effort to give today’s home-buying consumers the level of service they deserve and are increasingly demanding. NAEBA members firmly believe that home buyers have the same full and equal representation rights as sellers in any real estate transaction. NAEBA, in existence since 1995, is comprised of Exclusive Buyer Agencies in most areas of the United States, and in some international markets.
SOURCE National Association of Exclusive Buyer Agents
Copyright (C) 2012 PR Newswire. All rights reserved