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How does one become a real estate agent buyer?
You can become a real estate agent buyer by studying real estate policies in college or law in college. In addition, you can try applying for a real estate agency.
Who does a Real estate agent represent?
either the buyer or seller of a property There are several types of representation that a real estate agent may be hired to perform. The agent can be retained in a single agency representation to represent the seller or as a buyer-agent representing the buyer. Single agency results in a fiduciary relationship to either the buyer or seller, but not both. Dual agency is where the real estate agent owes a fiduciary relationship to both parties and is not permitted in many states. A real estate agent can also be retained to provide what is called transaction brokerage whereby they do not represent either the buyer or the seller but instead performs services to facilitate the transaction and would be bound to treat both parties fairly but does not owe a fiduciary relationship to either. When retaining the services of a real estate agent inquire as to the nature of their representation and who they in fact represent. Keep in mind that as their representation of a particular party to the transaction evolves, the representation obligations and fiduciary duties may change. It is obligation of the real estate agent to disclose in establishing a relationship and also if and when it changes during the transaction.
What does a real estate agent do for their clients?
A estate agent is responsible for different tasks. Sellers and buyers of the properties have their own requirements and terms and conditions, and a estate agent has the responsibility to make their clients satisfied with their works. Estate agents have to search the property for their buyers and have to search the best buyer for their seller clients.
What is a principal real estate agent?
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor.
Can a sellers real estate agent tell the buyers agent the exact price the buyer will accept less than the listing price?
They can, but only if their principal (the seller) has given them express permission to do so. If they do this without the seller's permission it is a breach of the agent's duties to his/her principal. If this happened in the US the seller should notify the Real Estate Commission in their state and file a complaint against their agent. This is extremely unethical.
How does one become a real estate agent buyer?
You can become a real estate agent buyer by studying real estate policies in college or law in college. In addition, you can try applying for a real estate agency.
What is thbuyerscom?
thbuyers.com is the Twin Cities premier Exclusive Buyer Agent Real Estate Agency. *MN Exclusive Buyer Agent - The Home Buyers
Should real estate agent contact buyer after closing?
Yes, because your agent should contact you incase you have any problems. also a good agent always wants repeat and new business. Referrals are very important!
Who should pay the realtor for their job?
The person who hired her. If you want to buy a house, hire a real estate agent and let her find one for you. If you want to sell a house, find a real estate agent and have her find a buyer. by the way, the term, 'Realtor' refers to a real estate agent who is a member of the National Realtors Association.
What actors and actresses appeared in The Bad Real Estate Agent - 2011?
The cast of The Bad Real Estate Agent - 2011 includes: Trinka Lee Whittaker as Prospective Buyer
Does a real estate agent have to disclose the name and address of sex offenders to a customer?
In most states in the US they do not have to disclose the presence of sex offenders to a buyer. The reasoning behind this is that this information is available on the internet and if that is an issue for a buyer, the buyer should do his own research.
Who does a Real estate agent represent?
either the buyer or seller of a property There are several types of representation that a real estate agent may be hired to perform. The agent can be retained in a single agency representation to represent the seller or as a buyer-agent representing the buyer. Single agency results in a fiduciary relationship to either the buyer or seller, but not both. Dual agency is where the real estate agent owes a fiduciary relationship to both parties and is not permitted in many states. A real estate agent can also be retained to provide what is called transaction brokerage whereby they do not represent either the buyer or the seller but instead performs services to facilitate the transaction and would be bound to treat both parties fairly but does not owe a fiduciary relationship to either. When retaining the services of a real estate agent inquire as to the nature of their representation and who they in fact represent. Keep in mind that as their representation of a particular party to the transaction evolves, the representation obligations and fiduciary duties may change. It is obligation of the real estate agent to disclose in establishing a relationship and also if and when it changes during the transaction.
Are the real estate commissions split between the buyer and seller?
Normally the real estate agent's commission is paid by the Seller. In over 20 years of experience I have never heard of the buyer being expected to pay real estate commissions.
What does a real estate agent do for their clients?
A estate agent is responsible for different tasks. Sellers and buyers of the properties have their own requirements and terms and conditions, and a estate agent has the responsibility to make their clients satisfied with their works. Estate agents have to search the property for their buyers and have to search the best buyer for their seller clients.
Where can one find home buyer leads?
Choosing a real estate agent that is right for you should be the first step. If you are looking to sell your home, remember that you call the shots. Do not let any real estate intimidate you.
How much money does a real estate agent make for each house they sell?
In most cases, they make a percentage of the sale price (called a commission), and that percentage varies. Usually, both the buyer and the seller have an agent, and both get a commission. If the same agent represents both buyer and seller, he gets a double commission. You should call individual real estate firms to find out how much commission they give their agents.
Is a real estate agent a party to the transaction?
Usually a real estate agent is not a party to the transaction, unless that agent is either the seller or buyer or has an interest in either side. The fact that he may be representing either the buyer or seller or even both does not make him or her an interested party in the agreement. Most states real estate laws clearly state that should an agent have an interest in either side of the tranaction then both parties must be notified for that interest. Thats why you often see and agent sellling his own home, even as a for sale by owner, the advertising and signs should mention that the home is agent owned. Its all about ethics more than the law. From www.zerotorealestatehero,com
