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Does your real estate broker really work for you?
Barry Miller is going against the grain.
More than 10 years after he joined Denver's residential real estate community as a traditional seller's broker, Miller has launched a campaign to revolutionize that system by franchising buyer's brokerages throughout the United States.
As if such a task weren't daunting enough, Miller, 44, is attempting to move his Buyer's Resource Inc. into real estate markets that are just now experiencing spiraling downturns. This reflects his belief that depressed markets offer the best opportunity for new ideas to take root.
Brokerages such as Miller's differ greatly from traditional residential real estate firms in that they represent the buyer, rather than the seller, of a property. The end result, Miller said, is that buyers receive more information and advice that could encourage them to bargain more aggressively -- or reject a property altogether.