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Yes, if certain conditions are fulfilled. IT is NOT an optimal situation for either party. In most US states the agent must have a signed disclosure that the seller is aware that the buyer (in this case the listing agent) is a licensed real estate agent and is not representing the seller's interests in the case of an agent purchasing on his own behalf.
Most ethical agents regard this as a gray area, because the agents will have so much more information than a non-agent seller. Many agents will not do this type of transaction. If the seller closes and then concludes he did not get a fair price; chances are the seller will complain to the real estate commission. This will result in inquiries and a time consuming process. The best practices solution would be to cancel the listing agreement and have the seller get another agent to represent his interests.
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∙ 11y ago
Anonymous
Yes
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What is another name for real estate agent?
Property Dealer, Property Consultant and Property Agent.
Can an unlicensed real estate agent show properties?
If the real estate agent is unlicensed than they are not a real estate agent. If someone is seller their own home they can show their property or designate someone over 18 year of age to show their home. By law an unlicense individual are not allow to enter properties without a licensed real estate agent.
After deed in lieu what happens to the property?
Your lender bank obtains the title of the property and appoint a real estate agent to sell it.
Do you need a real estate license to start a real estate investment company?
If you are going to start business as a real estate agent or real estate investment company then it's mandatory to have a license. If you are planning to make personal private investments in real property you do not need to be licensed as an agent. The agent license is simply for those who want to run a business promoting other people's properties for a fee. If you are going to buy the property and rent it or resell it there is no license required. You can also use other strategies with investing that do not require a license and that do not require purchase of property.
What is a "listing agreement"?
A contract in which a party hires a licensed real estate agent to assist them in the sale of property.
How long is a real estate listing?
The length of time your property will be listed depends on your contract with your agent.
How often should a real estate agent Contact a seller after property is listed?
The seller should direct the calling agent to the listing agent.
What are the duties of a commercial real estate agent?
The duties of a commercial real estate agent are similar to those of a residential real estate agent. For example, listing the property and showing the property to potential buyers.
What is a Real State Agent?
Real estate agent - A person who is authorized and experienced in the buying and selling of real estate property. Real estate agent is provide all details about real estate property value, demands, all guidline and rules of all type of proeprty.
What is another name for real estate agent?
Property Dealer, Property Consultant and Property Agent.
What is real state agent?
real estate agent - A person who is authorized and experienced in the buying and selling of real estate property. Real estate agent is provide all details about real estate property value, demands, all guidline and rules of all type of proeprty.
Why should a property be sold with a top real estate agent?
A property should be sold with a top real estate agent to maximize the selling's profit. A top real estate agent should know what they are doing and what are the market values.
What exactly the listing agent does?
A property listing agent lists all the real estate property according to market value for those who want to invest in a real estate property.
How to work as real estate agent?
A real estate agent or realtor is a person licensed within a specific state to help people either sell their property, or to act on behalf of others to try to purchase property. The real estate agent is usually formally trained through taking real estate classes (though some have on the job traininginstead), and then must usually pass examinations that allow him or her to become licensed. Though you can buy property or sell your own property without an agent, there are so many laws that apply to this process, that many find employing a realtor is an easier process. Employing a real estate agent also means that your property, when you're selling, will be listed and advertised by the company or agency for which the realtor works.
Is a real estate agent necessary when searching for new real estate?
No it is not necessary to have a real estate agent when searching for new property. However it is highly recommended that one have a real estate agent since it is most likely that they know the right questions to ask and what to avoid in such a search.
What authority does a real estate agent have?
real estate agent is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy.
What are the earnings of a real estate agent?
Earnings of an agent is the brooking amount from the customer to sell a property...
