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Home Buying Experts Say "Don't Do What We Did" When You Buy Your Home

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.

Property Tax

Taxes Matter

Taxes Matter

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.