Information About Brokerage Services
Before working with a real estate broker, you should know that the duties of a broker
depend on whom the broker represents. If you are a prospective seller or
landlord (owner) or a prospective buyer or tenant (buyer), you should know that the
broker who lists the property for sale or lease is the owner's agent. A broker who
acts as a subagent represents the owner in cooperation with the listing broker. A
broker can assist you in locating a property, preparing a contract or lease, or
obtaining financing without representing you. A broker is obligated by law to treat you
honestly.
IF THE BROKER REPRESENTS THE OWNER
The broker becomes the owner's agent by entering into an agreement with the owner,
usually through a written listing agreement, or by agreeing to act as a subagent by
accepting an offer of subagency from the listing broker. A subagent may work in a
different real estate office. A listing broker or a subagent can assist the buyer but
does not represent the buyer and must place the interests of the owner first. The
buyer should not tell the owner's agent anything the buyer would not want the owner
to know because an owner's agent must disclose to the owner any material
information known to the agent.
IF THE BROKER REPRESENTS THE BUYER
The Broker becomes the buyer's agent by entering into an agreement to
represent the buyer, usually through a written buyer representation
agreement. A buyer's agent can assist the owner but does not represent the
owner and must place the interests of the buyer first. The owner should not
tell a buyer's agent anything the owner would not want the buyer to know
because a buyer's agent must disclose to the buyer any material information
known to the agent.
When I represent you the seller will pay my fee. I promise you will never pay
more when using my services. On the other hand without professional help
you could pay a lot more. Why would you even consider buying a home
without a Buyer Agent on your side watching out for your interests?
Let me assist you with your next purchase, and not only will you receive
excellent representation, but I will also rebate 1% of the purchase price to
you at closing and funding. Offer is valid only when you have a signed
Exclusive Buyer Representation Agreement with me.
Please feel free to contact me at 214-734-7699 or my e-mail at
re-finder@sbcglobal.net.
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