Illinois Exclusive Buyer Agents

What is an Exclusive Buyer Agent?

An exclusive buyer agent (EBA) is a real estate professional who represents home buyers exclusively. Unlike traditional real estate agents who may represent both buyers and sellers, An exclusive buyer agent’s sole focus is on helping you, the home buyer. This means there no conflicts of interest agents work exclusively for the best interests of the home buyer.

Isn’t a Buyer Agent Good Enough?

A buyer agent will often still work for a brokerage or firm that also sells real estate. This leads to conflicts of interest because agents will often push their brokerages properties over other listings. Some buyer agents may not even show listings from other brokerages.

Are Dual Agents OK?

A real estate agent with dual agency is often the worst choice for home buyers. Because a dual agent represents both the buyer and the seller, they are incentivised to sell the home for as much as possible in order to maximize their commissions.

Why Should Home Buyers use an EBA?

Home buyers should care about using an exclusive buyer agent for several reasons: No Conflicts of Interest: Traditional real estate agents often represent both buyers and sellers. This can lead to a conflict of interest, as the agent may have incentives to sell certain properties or push for higher prices in order to benefit their seller clients.