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Nonprofit Exclusive Buyer Agent Organization Advises Home Buyers How to Comparison Shop Buyer Agent Fees, Commissions and Referrals

Most of the time, home buyers do not need to pay their agent a fee out-of-pocket since normally it is built-in to the price of the home, but that doesn’t mean the fee is unimportant.  The National Association of Exclusive Buyer Agents (NAEBA) offers the following shopping tips on fees, commissions and referrals for home buyers.

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California Supreme Court to Live-Stream Oral Arguments on Case Determining Representation in Dual Agency Real Estate Transactions

On September 7, 2016, the California Supreme Court will be hearing oral arguments on a case that could have ramifications for how real estate agents work not only in California, but across the country. Hiroshi Horiike v Coldwell Banker Residential Brokerage Company et. al. calls into question the representation owed by real estate agents and brokers to the parties of a dual agency transaction.

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Apparently REALTORS® Think Dual Agency Is OK – Why You Shouldn’t Believe Them

In a recent Realty Times article, Bob Hunt, Director of the California Association of REALTORS®, penned an article entitled, “Dual Agency Can Be a Good Thing.” In it, he argues that real estate transactions are different; that those negotiations are about getting the deal done rather than about one side winning or losing. Because of that, it’s OK for the REALTOR® to be the servant of two masters, working for the buyer and the seller simultaneously.

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Exclusive Buyer Agents Predict Challenges for Home Buyers in 2016

If a recent survey of the membership of the National Association of Exclusive Buyer Agents (NAEBA) is correct, home buyers will face increasing challenges in 2016. Most Exclusive Buyer Agents (EBAs), regardless of which U.S. market in which they do business, predict that inventory will remain low. According to one NAEBA member Exclusive Buyer Agent, “The big challenge in our market will be the shortage of inventory,” and another adds, “Low inventory and crushing demand mean most sales will be bidding wars.”

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