How We Operate As Exclusive Buyer's Agents (EBA's):


John S. Thomas Real Estate is an independent Exclusive Buyer's Agency. We serve Berks, Montgomery, Delaware, Chester, and Bucks counties,which comprises the Philadelphia suburbs. Additionally, we can help Buyer's locate a Buyer's Agency anywhere in Pennsylvania or in the United States.

What is Buyer Agency

Simply, Buyer Agency or a Buyer's Agent, is an agent who represents only the buyer in a real estate transaction and who's fiduciary duty is to legally act in the buyer's best interest, not the sellers interest.

In Pennsylvannia the law requires the buyer to enter into a type of business relationship outlined in the "Consumer Notice" traditional real estate offices generally ask the buyer to enter into a buyers agency relationship with consent that you will enter into a dual agency relationship should you purchase a property listed with that office. This happens more often then not. Why enter into a relationship with a 50% chance or better that you will not have full representation.

Fiduciary Duty is a duty to act for someone else's benefit, while subordinating one's personal interests to that of the other person. It is the highest standard of duty implied by law.

Many states, including Pennsylvania, have now changed the laws of agency to do away with the automatic assumption of subagency and to better protect the buyer's best interest. This attempt to clarify the agency relationship has once again become circumvented by the creation of Dual Agency. Dual agency is a relationship that allows an agent or an office to represent the seller's best interest and the buyer's best interest at the same time. A situation with the clear probability for a conflict of interest.

While many real estate companies will claim to have buyer's agents, they are operating under the Dual Agency relationship. As an Exclusive Buyer's Brokerage, Buyer's Agents do not represent sellers and do not accept property listings. Most Exclusive Buyer's Brokers, including Thomas Real Estate, are members of a Multiple Listing Service or MLS. Along with the local MLS, in our area this system is called the TReND system, Exclusive Buyer's Agents can also show buyers For-Sale-By-Owner (FSBO) along with other homes not listed on an MLS.

John S. Thomas Real Estate does not solicit or seek listings. Our relationship is created with the Buyer, not the seller. Our duty and loyalty are exclusive to you, the buyer's best interest. We work to get you the lowest possible price with the best possible terms.

Anything Less than 100% representation is no representation. We are opposed to compromising your best interest by asking you to accept Dual Agency.

John S. Thomas Real Estate • 657 Swedesford Rd. • Malvern, PA 19355
phone 610-251-1680 • fax 610-251-1682 • e-mail: info@pabuyerbroker.com