Buying a Home in San Diego: Have You Seen This Video? Stephen Israel on CNN/fn Reveals Exclusive Buyer Agency

I came across this video on one of my colleagues' (Ben Clark of Salt Lake City, UT) websites today. The video features an interview on CNN/fn (now CNN Money) with Stephen Israel, the president of an exclusive buyer agency in the Washington, D.C. area. I have never met Steve, but I learned today that he was a founding member of NAEBA (the National Association of Exclusive Buyer Agents) which I recently became a member of.

You should absolutely take a six-minute break today and watch this video if you are thinking of buying a home in the San Diego area. Many of the topics Stephen covers in this interview are philosophies and beliefs that I embraced when I decided to open up a new real estate company (an exclusive buyer agency) in San Diego last year - Globella Buyers Realty. The interview is short and sweet, and it's to the point. Why should buyers hire an exclusive buyer agent? How does dual agency affect a buyer? How do traditional real estate brokerages operate? What sort of conflicts of interest should a buyer consider before hiring an agent? Stephen answers these questions and more.

The female host  (I never caught her name) opens up the video by saying, "When you work with a real estate agent you automatically assume they have your best interests in mind, but as the saying goes - Buyer Beware. In many instances, your broker (the broker your agent has a contract with) can be working for both sides of the sale, and getting you the best deal may not be their priority."

I hope you enjoy it!