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I'd like to challenge the notion of the local expert.
I think that buyers know where they want to buy. The internet has opened up lots of information on amenities, schools, transportation, crime, neighborhood goodies and such.
I find that as a buyer's agent, entering an unfamiliar market, I can focus on the market data and have a clearer perspective on what is happening to the values in the neighborhood. From there I've also found that local lisitng agents are surprised at how strong the data arguments can be. I don't fit their mold of the local group.
Search the Zillow FAQ section for lots of opinions on buyer's agents.
Also go to the NAR website and look for questions to ask your Realtor.
Since August 2009
Why not go to open houses in your area? Look for a Realtor who specializes in your area and has good references.(Ask them, and don't be afraid to ask your neighbors, or even your family atrtorney. ) In CT, each Realtors is an independent contractor associated with a Broker who holds his/her license. You can interview several Buyer's agents and ask to review their buyer broker contract before you sign. Good luck!
... and, it's free and anonymous
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I am looking for an independent home buyer's agent. How can I find one who knows my community well?
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