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How Do EBAs Get Paid?

This is one of the most common questions we get in the NAEBA office.  Unfortunately, the answer isn't as simple as it seems.

The simple answer: Exclusive Buyer Agents (EBAs) get paid the same way traditional buyers agents do.  The real difference in an EBA and a traditional agent is since an EBA doesn't take listings, they have no vested interest in which house you buy, avoiding a potential conflict of interest.  The fee structure, though, may be identical or similar.

Thinking of Skipping a Home Inspection? Read this first!

Personally, I would never buy a home without an inspection.  In fact, I may even go a little overboard.  When I purchased my home, which was new construction, I not only had it inspected throughout the construction process, but I also had it inspected about a month before the full warranty was up so I could have repairs done.  Of course, that’s just me.  Since then, I’ve watched (somewhat in horror) as someone close to me purchased a home without an inspection and seen how it can go terribly, terribly wrong.  This is a true story… Pam and Bill (names changed) were looking for their first ho

Why Does It Matter?

As the Executive Director of NAEBA, I often get asked, "What is the difference between an exclusive buyers agent and a regular buyers agent?"  The answer to that question is relatively simple.  An exclusive buyers agent works in a brokerage where no one works for sellers or takes listings where as a buyers agent works in a traditional brokerage where they help consumers both buy and sell their homes.

NAEBA Press Release - Short Sales

National Association of Exclusive Buyer Agents Educates Buyers on Short Sale Real Estate Transactions New Survey from home buyer advocates advises awareness and good representation are keys to short sale transactions AVONDALE, AZ December 20, 2010- Bargain hunting home buyers may turn to short sales, a real estate transaction where the property is sold for less than the balance owed, to buy their dream home.

Buyers Only Real Estate Association Warns a Picture May Not Be Worth 1000 Words

National Association of Exclusive Buyer Agents (NAEBA) explains the good, bad and ugly of online real estate photos AVONDALE, AZ September 20, 2010 – Real estate images can be misleading, warns the National Association of Exclusive Buyer Agents (NAEBA). Home staging has become a common practice in which experts make the property attractive to the highest number of potential homebuyers by enhancing its visual appeal. Taking that staging element to the dramatic editing of online photos is a relatively new tactic and can be misleading.

NAEBA Supports Mortgage Simplification

AVONDALE, AZ September 24, 2010—The National Association of Exclusive Buyer Agents supports efforts by the new Consumer Financial Protection Bureau (CFPB) to simplify the mortgage process for consumers. The CFPB is charged with combining and simplifying two disclosure forms, under the Truth in Lending Act of 1968 and the Real Estate Settlement Procedures Act of 1974. One form is required by the Department of Housing and Urban Development and the other by the Federal Reserve, and in some areas the forms overlap.