When I introduce myself at local Chamber of Commerce events and tell people what I do, I occasionally get someone who states “I know about that. I’m familiar with buyer agents.”
I have to gently inform them that an Exclusive Buyer Agent is in no way shape or form like a Buyer Agent. It is only then that they start getting a glazed look on their face….
They say “Uh, uh…. I thought that every buyer agent is the same….right?”
“No. You can only really have your own agent when buying a home when you work with an agent who never represents sellers, and their company never represents sellers. A buyer agent represents sellers, as does their company. An Exclusive Buyer Agent and their company never represent sellers.”
I Didn't Realize the Difference between a Buyer Agent and an Exclusive Buyer Agent
“Oh – I’ve never heard of that…”
“That is what we do.”
“Oh – and why is that better than using a buyer agent?”
“Because a buyer agent may show you more of their own company’s listings or their own listing and then suddenly – when you become interested in one of those homes, and thought you were fully represented, your agent is also on the seller’s side. That is like trying to coach two football teams at the same time. It doesn’t work very well for either team. That situation is called dual agency, and that is very very bad for your best interests. You might be sacrificing 10′s of thousands of dollars in negotiation as a result — and critical information that you needed to know about the area or the property, you never receive. Your buyer agent that turned into a dual agent may try to “sell” you on the home because they are pushing one that has a higher payout, or they may refer you to an inspector that “doesn’t blow the deal” instead of an aggressive one that takes hours longer to inspect. While they try to get you to buy – we always advise you of why you shouldn’t buy. And their financial interests are not aligned with your best interests. Ours are.”
“Oh – I see.”
But even then, they really don’t fully grasp the severity of using an agent that won’t be on their side 100% of the time. The implications can be very very costly on the most important financial transaction of their life.
- Do you have excellent credit?
- Do you plan to purchase a $200,000-$10,000,000 home within 90 days?
- Do you have a good down payment, or are you paying cash for your next home?
Your agent should be on YOUR side! If you plan on looking for homes in the Chicagoland area, including the Northwest Suburbs (Barrington, Arlington Heights, Lake Zurich, Hoffman Estates, Vernon Hills, Libertyville, Palatine, Buffalo Grove, Wheeling, Grayslake, Wauconda etc.) —
Call us at 847-566-7558 for a free consultation.
Posted in Arlington Heights, Barrington, Buffalo Grove IL, Buyer Agent, Chicago Suburbs, Exclusive Buyer Agent, LIbertyville IL, Palatine Ilinois, South Barrington, Vernon Hills
Tagged Arlington Heights, Barrington, Buffalo Grove, buyer agent, exclusive buyer agent, Grayslake, hoffman estates, IL buyer agent, Lake Zurich, Libertyville, Palatine, Vernon Hills, wauconda, wheeling
Buyer Broker Chicagoland Offers a Free Consultation to First Time and Luxury Home Buyers
Finding Your Dream Home and Negotiating The Best Possible Price Off - Buyer Broker Chicagoland
Whether you choose to use our services or not (or whether we choose you as a client) – we’ll meet with you so you can learn more about you motives and capabilities to purchase a home, negotiation techniques, and due diligence methods we use to protect you during the most important financial decision of your life. And we will learn more about your and your capability to purchase – and whether we can help you or not, or see if there is good chemistry with you.
Informative Initial Consultation
What happens during in the initial consultation? It is a mutual question and answer session. You’ll get your real estate questions answered, gain new insights into the goals and rationale and priorities behind your purchase (including how much you can afford), and learn more about our services. The meeting can be in person (preferred), over Skype or Google video conference call, or over the phone if necessary.
You should come away from the consultation with enough information to answer these questions:
- Does it make sense to buy vs. rent?
- Is what I’m willing to spend and can afford (there might be a difference between the two) – enough to buy a house I would be happy to live in?
- Do I have a large enough down payment to buy a home?
- How do I find out if I have enough, or good enough credit to buy a home?
- What are some of the techniques you use to negotiate the best price that others don’t use?
- How can I know that a neighborhood or area of town is for me?
- What are the most important things to me about a neighborhood? What is more important to me – schools, neighborhood, features of the home or yard, and why?
- What are my true reasons and motives for purchasing a home?
- What can I expect in each part of the home buying process?
- What are the differences in the type of representation I can have as a buyer?
- What are current market conditions like?
Depending on the answers to these questions, you might be ready to move forward or not. Whatever you decide – you will come away from the consultation with an in-depth understanding of the types of representation that are available to you, your core reasons and priorities for purchasing a home, negotiation tips and other valuable information.
Thinking about buying a home in the Chicago Illinois area in 2012? Call us at 847-566-7558 to learn more and set up a time to meet.
We are based in Chicago’s Northwest Suburbs – and of course cover those many towns (Hawthorn Woods, Long Grove, Kildeer, Palatine, Lake Zurich, Buffalo Grove, Wheeling, Vernon Hills, Libertyville, Grayslake, Wauconda, Island Lake, McHenry, Fox Lake and Antioch to Gurnee, and the North Shore – but we routinely serve buyers in Downers Grove, Lombard, Naperville and other suburbs to the south of us, as well as downtown Chicago and the communities to the north and northwest of downtown. (One of our recent happy clients purchased in the Bucktown area.)
Posted in Buffalo Grove IL, first time buyer, First Time Home Buyer, Grayslake, Hawthorn Woods, Informational Meeting, Initial Consultation, LIbertyville IL, Long Grove, Luxury home buyer, North Shore, Northwest Suburbs, Palatine Ilinois, Vernon Hills
Tagged antioch, buyer broker chicagoland, Chicago, exclusive buyer agent, fox lake, Grayslake, Gurnee, hawthorn woods, home buyer, informational, inital meeting, initial consultation, island lake, Libertyville, long grove, mchenry, northwest suburbs, Palatine, Vernon Hills, wauconda, wheeling
Downtown Grayslake Heritage Area Home With In-law Possibilities. 3798 Square Feet, 5 Bedrooms, 3 Full Baths, and 2 Half Baths
Lot of Square Footage for the Money in Grayslake.
Interested in the Home Highlighted Below? Fill in the Form Below the Home’s Data For More Information. (We Do Not Represent The Seller of the Property – and We Don’t Represent Seller’s at All!)
The Certified Negotiation Experts for Chicago's Northwest Suburbs and Grayslake
Or – Schedule a Meeting With Chicago’s Real Estate Negotiation Experts. As the Northwest Suburb’s Exclusive Buyer Agents – We Never Represent Sellers and We Are ALWAYS 100% on the Home Buyer’s Side!
We're sorry, but we couldn't find MLS # 08099614 in our database. This property may be a new listing or possibly taken off the market. Please check back again.