Buyer Representation Service

Save up to 90% in Commissions

Smart Buyers Choosing New Kind of Broker
"Buyer Brokers" Help Save You Thousands of Dollars

If you're in the market for a commercial property, you may think the real estate agent who chauffeurs you around town is looking out for your best interests. Don't bet on it.
 
In the traditional way of selling commercial property, both the agent who lists the property and the one who brings a buyer to the table are legally working for the seller. Both agents are required to get the seller the highest possible price. Even if "your" agent learns that the seller is willing to cut the price or pay some of the closing costs, you may be kept in the dark. At the same time, information you give to "your" agent, such as how much you really can afford and how soon you need to buy, must be reported back to the sellers, giving them a negotiating advantage.
 
In the old system, the deck is stacked against the buyer.
 
That's why more and more buyers are getting their own agents to help them find a commercial property, negotiate the best deal, and close with the least amount of hassle. These agents, called Buyer Brokers, are licensed real estate agents. They have access to all of the usual resources used to find commercial property, including all local and national listing services, as well as sources not usually accessible to traditional agents, such as commercial property for sale by owner. But there is one very big difference between traditional agents and Exclusive Buyer Brokers: the Exclusive Buyer Broker represents the buyer and is legally bound to get the best deal possible for the buyer. Exclusive Buyer Brokers do not represent sellers; they do not list commercial property for sale.
 
What's more, a good Buyer Broker actually turns the tables on the seller and the seller's agent by digging up facts on the property and the seller's position that can work to the benefit of the buyer.  Any information that might give a buyer more leverage -- like a seller's imminent balloon payment, or the fact that the sale is part of a divorce settlement -- is fair game. The job of a Buyers Agent is to level the playing field for Buyers.
 
Study Confirms Savings
As more people use Buyer Brokers, there's mounting evidence that the old-fashioned way simply doesn't get buyers the best deal. When Sprint/Nextel studied the home purchases of relocating employees, it found that those who worked with traditional real estate agents ended up paying about 5 percent more than those who used buyer brokers. On a $500,000 house, that's $25,000 of the buyer's money wasted.
  
As you might expect, many traditional real estate agents don't like the idea of a Buyer Broker fighting for a lower price. But the trend toward equal representation is proving unstoppable. Consumer advocates (including Money magazine, The National Home Buying Institute, and syndicated real estate columnist Robert Bruss) have gone on record urging consumers to seek buyer representation in purchasing a property. Exclusive Buyer Brokers nationwide have formed the National Association of Exclusive Buyer Agents (NAEBA) to educate consumers and to help them find an exclusive buyer broker anywhere in the country.
 
As more buyers educate themselves, many large brokerages are attempting to jump on the bandwagon by "designating" one agent within the firm to represent the seller and another to represent the buyer. That's a problem, when the buyer is interested in one of the company's listings. The brokerage firm is already under contract to the seller to get the highest price on the best terms for the seller. Regardless of the agent's "designation," the responsible party, the broker, remains a dual agent, obligated to the seller, yet trying to represent the buyer, in effect working both sides of the fence and creating enormous potential for conflict of interest.
 
The only way for buyers to ensure they'll have a crack at every commercial property available that meets their needs AND have an advocate all the way through the deal, is to work with a brokerage that only represents buyers. PrePaid’s network of Commercial Buyers Agents doesn't take any listings from sellers, period. They are here to get the best deals for buyers. PrePaid’s Network of BUYER'S AGENT’S DO NOT charge up-front fees for their services and almost all deals are done with no out-of-pocket costs to the purchasers.

How Much Will You Save?

Our flat 1% fee option was created for the true "Do it yourself" buyer.  We understand there are many buyers in today's market who are searching for properties on their own, touring properties and prefer working for the most part on their own.  With our flat 1% fee option, you can engage us and get all of the buyers agent commission (minus our flat 1% fee) refunded to you.  If you’re looking to do the majority of the work you will save thousands in commission by using the PrePaid Network of Buyers Agents.

With the flat 1% fee plan you get:

• Up to 3 different property tours with an agent
• We do all of the negotiations, paperwork and contingencies
• We refund you our entire commission minus our customary 1% flat fee
• Receive up to 90% commission refund
• Approx. $100,000 cash back on a $5,000,000 Apartment Purchase (See Example Below)
• There is never a limit - we have written cash back commission checks more than $245,000!

Example Above:
- You pay $5,000,000 for the Apartment Complex property
- The listing agents gets $150,000 commission
- PrePaid’s Network Buyers Agent gets $150,000 commission
- PrePaid’s Network Agent refunds entire commission minus our flat 1% fee ($100,000)