The role of REO brokers is indispensable for small real estate investors seeking to thrive in the realm of distressed properties. They provide exclusive access, market expertise, negotiation prowess, property evaluation skills, streamlined transactions, and a network of industry professionals. These advantages can spell the difference between a successful investment and a costly misstep.
A single agency relationship, often referred to as an exclusive buyer’s agency agreement. Thus, this occurs when a home buyer works exclusively with one real estate agent or agency to assist them in their home buying process.