The term exclusive buyer agency was defined many years ago by both the major association of real estate agents and The National Association of Exclusive Buyer Agents. The definition was the same: “The practice of representing only buyers and never sellers in a transaction. The company never lists a seller’s property and thus never has a seller as a client.”

This is also the definition used by the news media in articles written for the benefit of home buyers who are looking for advice in preparation for the purchase of real estate.

But, there is an underlying issue bubbling up for home buyers:

Buyer agency and its variations have become v ... Read more »