Estate Agents and Real Estate Agents: what’s the difference?

By Kathleen Chiras, on December 13th, 2010

Many real estate buyers in countries aside from the US who are English-speaking use an estate agent instead of a “real estate agent.” Estate agents provide many of the same services that US real estate agents do, but there are also some key differences.

The United States is one a small number of countries who have buyer agents. Buyer agents are licensed professionals who work in buyer’s best interest, not the seller’s. Traditional realty offices may have designated buyer agents and designated seller agents; exclusive buyer agent offices are completely comprised of buyer agents. The US also has transaction brokers who try to work a deal for the buyer and seller within the same firm.

The owner of this blog, Kathleen Chiras, is a Certified International Property Specialist.  Please call our office at 303-670-0246 and ask staff to page her for a personal free consultation on the purchase of real estate within the US and how it differs from purchases in other countries.

Buyer Agent Search

Buyer agent in Ann Arbor, MI reports huge savings for their buyers

By Kathleen Chiras, on June 25th, 2010

The broker/owner of our SmartHomeSearch exclusive buyers agent company reported today that they recently helped their buyers save $108,000 off of one property and $62,000 off of another due to their expertise in negotiating in this market.  Another recent closing is paying closer to asking price, but the buyer is happy with their purchase as this particular property fit their price and location parameters.

Apparently the market for real estate in Ann Arbor, MI is about average, but a number of real estate traditional firms are short of work.  The broker/owner of this exclusive buyer agency company is also seeing a drop in traffic to his web site, but says he is working on making it more current with short videos that clearly explain the benefits that buyer agents can offer.

Select a top quality buyer agent for your own search today by getting a list of agents to consider.

Buyer Agent Search

Exclusive Buyer Agents on Lifetime this am

By Kathleen Chiras, on March 17th, 2010

Exclusive buyer agents and the advantages of using one were featured March 17, 2010 on the Lifetime channel, the Balancing Act.  The executive director of the National Association of Exclusive Buyer Agents (naeba.org)http://www.naeba.org/, Kim Kahl, explains how having someone who is 100% on your side in a real estate transaction is so important.  President Benjamin Clark does an excellent job of explaining how exclusive buyer agents typically get paid out of the transaction, a question commonly asked by consumers.
The host of this program appears to enthusiastically endorse the idea of every home buyer seeking out an exclusive buyer agent.

Buyer Agent Search

Buyer Agents Reporting a Busy January

By Kathleen Chiras, on January 14th, 2010

Because we work with around 1,000 buyer agent companies nationwide, we hear back from them on a daily basis regarding their real estate markets.  Most areas of the country are reporting that real estate buyers are closing on homes and many are jumping back into the market after a pause from last year as the economy continues to improve.

Buyer Agent Search