|
A Buyers-Only
agent is your advocate in real estate home buying transactions. Barry Miller
of Buy Homes Denver Realty specializes in buyers only and offers full
representation for all real estate negotiations. Buy Homes Denver Realty is a real estate firm that is always on the
homebuyer's side!
Interviewer: Hi I am Kathy
Soltero with metrobrokerstv.com,
and today in the studio we have Barry
Miller, he is with Buy Homes Denver
Realty. And in the residential real
estate industry, Barry is known as the "Father
of Buyer Representation". He is the broker owner of Buy Homes Denver
Realty, a Colorado real estate firm that only works for buyers. Barry, thank you so much for coming in today.
Barry: Happy to be here.
Interviewer: Tell me a little bit about your business,
about your firm and how come you only work for buyers?
Barry: First and foremost I'm a consumer advocate and buyers have always been the underdog in
the residential real estate business. Buy Homes Denver Realty is a real estate firm
that is always on the homebuyers' side.
We never take listings; we always
represent the buyer as their fiduciary.
Interviewer: In a market where it's a sellers' market,
does that really work?
Barry: In a sellers' market and an in-between market
or in a buyers' market, the buyers always
need somebody on their side.
Interviewer: Right.
Barry: Yes in all markets buyers need full representation from at least one of the real
estate agents that's involved.
Interviewer: Now you have been in the real estate business
for what 19 years that you are talking about?
Barry: I have
been an exclusive buyer agent for over 25 years.
Interviewer: 25 years.
Barry: And we never take listings, we don't even list
our own homes. We hire a sellers' agent
for that job.
Interviewer: Wow! So tell me about what designations
you've actually received?
Barry: Yeah through the years, I have trained thousands of real estate agents and held hundreds of
consumer seminars in over 30 states.
Through that I have received the designation of master trainer and master practitioner, and I am in the National Association of Realtors Buyer Agent
Hall of Fame, and it's been wonderful.
Interviewer: Congratulations that's pretty great. What would you say would be the advantage of somebody using your firm
versus a buyers' agent or just a regular real estate agent?
Barry: In two words it would be comfort, protection. Because
we're always on the buyer side we are by
law, their advocate, their
negotiator and we shop lenders and loans to make sure the buyer gets the very
best loan for the buyers needs. But even
better, we work on a flat fee.
Interviewer: Oh! Really, how does that work? Who pays you then, I mean...
Barry: We get paid from the real estate transaction
as normal, at closing, by the seller just like all real estate agents. However being on a flat fee means that every
one of our buyers within their respective price range only pays a flat fee not a percentage of the
price. So our buyers always save money because of that commission policy and
that money is given directly back to the buyer.
Interviewer: So if for instance the commission was higher
on a typical transaction you would still get that base...
Barry: The
buyer would get a rebate of a bigger base...
Interviewer: Oh! He will get a rebate.
Barry:
Let's say, sellers and seller agents offer, offer a $1000 bonus. The state contract gives that bonus to the seller's
real estate company. We have never
agreed with that, so we give that bonus directly back to the buyer once they
pay it to us.
Interviewer: That
is a great advantage for the buyers.
Okay well so, let's tell the buyers how they can get a hold of you.
Barry: They can text me or call me at 303-888-3788 or always e-mail me at barry@buyhomesdenverrealty.com.
Interviewer: Barry, thank you so much, very interesting
talking with you today.
Barry: And thank you.
Interviewer: You bet.
And for more real estate related
videos like this one be sure to tune into Metro Brokers TV online.
Posted on July 06, 2011 11:30:29 by  Scott.Shields
View my profile
This post has no comments awaiting moderation. |
Posted in