Buyer’s agents are very helpful and essential for a first time buyer. For others, in a buyers market, if you feel the need for an agent, you are not ready to buy and you should do more homework. (I believe an agent, like any other human, puts his interests above a clients interest). Also, things work better, especially when buying REO, when you use the same agent (or an agent’s close friend) as the seller’s agent after you have done your homework . The empirical formula for getting really good REO deals seems to be Cash + listing agent with incentive!