It's easy to find a real estate agent/broker in today's world; they're all over the place. Friend of a friend, cousins wife's sister, the phone book, or even calling the agent/broker whose sign is in front of a home you want to see!  The hardest part is finding an agent/broker who will exclusively represent your needs as a buyer. 100% of the time!

If a real estate agent or the agent's broker lists property for sale it's impossible for them to exclusively represent your needs as a buyer.  There are some that claim to represent buyers, but if the agent or their broker list homes for sale, they already have a contract with sellers.

Most listing contracts state in so many words that "the listing broker will do everything in their means to get the best price and terms for the seller". They can't represent you as a buyer 100% of the time.  It would be like both sides using the same lawyer in a lawsuit, the only one guaranteed to win is the lawyer.

Confused? Don't feel bad, most consumers have been for years.  A 1983 Federal Trade Commission study found that over 74% of home sellers mistakenly believed that the buyer was being represented, and over 72% of the home buyers believed that they were being represented, but the agent was legally a "sub-agent of the seller, bound by contract to secure the highest price for the seller!

As a result of this study, requiring agents to specifically disclose whom they truly represent were passed in many states.

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