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| What
is exclusive buyer representation and how did it develop? |
In
1983, a Federal Trade Commission study revealed that over
72% of all home buyers nationwide mistakenly believed
they were being represented by the agent who was showing
them homes. As a result, laws requiring agents to disclose
exactly who they represent have been passed all over the
country. When consumers became aware that most agents
worked for the seller, they began demanding their own
representation.
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In response, The Buyer's Agent of Asheville offers exclusive
buyer agency to those who recognize the importance of
fair representation for the buyer in a real-estate transaction.
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