What the "buyer agent" from the traditional company won't tell you

There is an interesting post on Trulia that I ran across recently from a "buyer specialist" who works for a "team" at a traditional real estate company.

Remember the idea of having a buyer agent is that they will give you:

1. Unbiased exposure to homes
2. Negotiate in your best interest
3. Be loyal to you and your needs
4. Keep your confidential information confidential

Well at that large local company the "buyer specialist" gets paid 25% more if she sells you an in-house listing. How is that for "unbiase expose to homes"???

Milford Is Doing Well

I read this article about Milford Township and how it is doing in these challenging days.

It really shows why Milford is a nice place to live compared to many areas, even with the financial struggles that South Eastern Michigan is faced with.

As the only Exclusive Buyer's Agent that is active in Milford Michigan we always try to make buyers aware of the negatives of a community. Here it is nice to see some real positives.

If you want a real buyer agent in Milford Michigan

As I was driving up Pontiac Trail to Milford last Friday I had an interesting thought. I think that our office might be the only major firm that provides buyer agency for Milford real estate buyers.

Don't get me wrong, there are plenty of real estate people who say "I can be your buyer agent", but what they really offer is designated buyer agency. That is a different animal.

If someone wants to tell you the difference it is really fairly simple:

In buyer agency the brokerage and everyone in the brokerage is on your side. Anything anybody knows about the seller or the property is shared with you.

In designated buyer agency only the individual licensee is on your side. Often the more experienced people in the office are representing sellers. Often the seller of the house you want. (In this case the company and all the supervisory brokers are acting as a dual agent, but that is another story.)

It bothers me that so many real estate agents misrepresent their role to consumers!