Are You
Selling
Selling a Home Tips
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As your agents, we'll be your strong advocate during negotiation and we'll
provide you with all the advice you'll need to make well informed decisions.
Marketing your property and finding just the right buyer is one of our primary
services. Our role is many fold: we assist you in determining the market value
of your property by preparing a thorough comparative market analysis; we develop
a unique marketing plan which we implement once the property is listed; when
that right buyer is found, we act as your advocates in negotiating on your
behalf, providing you with advice and assisting in completion of the necessary
due diligence and closing the contract.
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Seller's Agent
A seller's agent, or listing agent, is a real estate agent who is employed by
and represents only the seller in a transaction. Their job is to find a
buyer and negotiate the best (highest) price and most favorable terms at which
to sell their client's property. However, seller's agents can also help
buyers by:
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Assisting in the house-hunting process
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Explaining available financing options
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Calculating monthly payments and estimated settlement costs
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Identifying appropriate properties to view
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Disclosing material facts about the property that you are interested in
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Writing up and presenting your offer at the price and terms you specify
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Buyer's Agent
A buyer's agent is a real estate agent who is employed by and represents only
you, the buyer, in a transaction. Although they work exclusively for the
buyer, their compensation can be paid in a number of ways - by the buyer
exclusively, the seller exclusively, or (most commonly) through a commission
split with the seller's agent. Even if the seller or the seller's agent
pays their fee, buyer's agents must always remain loyal to the buyer.
Buyer's agents can provide a number of services for you including:
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Helping you determine how much you can afford to spend on a home
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Explaining available financing options
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Informing you of current real estate values, taxes, utility costs and other
factors that will influence your opinion about a property
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Using the Multiple Listing Service to locate homes that suit your needs
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Selecting appropriate properties to view
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Revealing any information about a seller or property which may affect your
purchase decision
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Advising you on your offer
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Presenting your offer to the sellers, and negotiating for the most favorable
price and terms
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Helping you to evaluate counteroffers
Although buyer's agents are the only agents who act solely with your interests
in mind, there are other real estate professionals who can assist you in finding
and buying a home. These consumer alternatives are discussed below.
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Broker's Agent
The broker's agent works for the buyer's agent and, like the buyer's agent, for
you. You are not, however, responsible for their conduct. A broker's
agent is hired by the buyer's agent and they typically split the buyer agent's
commission on the purchase.
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Subagent
Like the seller's agent, the subagent works for the seller. Subagents are
typically hired by the seller's agent, and are usually paid through a commission
split with them. Subagents can provide you with the same services that a
seller's agent can, but they ultimately represent the seller when it comes to
negotiating an offer.
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Dual Agent
A dual agent is a real estate agent who represents both the seller and the buyer
with the knowledge and written consent of both. Ultimately, dual agents
work to sell homes, but they cannot give either you or the seller their
undivided loyalty or disclose confidential information that either you or the
seller has told them. They operate under a duty of fairness to both
clients, rather than the duty of undivided loyalty to either of them.
Dual agency occurs when the office or firm that is helping you find a home has a
listing that you are interested in. Even if the seller is working with a
different associate from the firm, it is still considered dual agency.
In the situation of dual agency, the agents cannot share without permission what
price you would pay for a property, or what price a seller is willing to accept.
For you to buy one of the firm's listings, consent to the dual agency must be
obtained or only one consumer can remain a client of the firm. Consent to
dual agency may include agreement by you and the seller to each identify a
"designated agent" within the firm to represent each of your interests
individually. However, the basic goals stay the same - the buyer wants to
buy, the seller wants to sell, and the agents want to finalize the transaction
on mutually agreeable terms.

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