Following is a collection of information intended to assist you with learning more about the real estate industry and the services provided by Realtors. If you have a question which is not in this section, please contact us.
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Buying or selling a home is probably the most important and potentially rewarding financial transaction you'll make in your life. So it's a good idea to take a moment and consider the kind of relationship you might be entering into with a Realtor. The more you know, the more satisfied you'll be with the results.
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Dual agency occurs when the real estate agent is representing both buyer and seller in the same transaction. Since the agent has promised a duty of confidentiality, loyalty and full disclosure to both parties simultaneously, it is necessary to limit these duties in this situation, if both parties consent.
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You may also choose to use the services of a REALTOR® without having any kind of agency relationship. This might occur, for example, when you are being shown a property by the seller's agent.
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Your responsibilities as a Buyer or a Seller include such things as:
- Carefully read all documents and understand what you are signing.
- If you need specialized advise, seek other professionals such as lawyers, notaries, accountants, home inspectors, contractors, engineers and surveyors.
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All real estate rates are negotiable, but please, consider what the Broker and Realtor have to endure cost-wise, themselves.
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That has many variables. Some homes sell in a few days; others weeks and still others, months.
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