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Absolutely! And the general rule is to to it "promptly".

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13y ago

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What does CSB stand for in real estate?

Contact Seller Broker


Who is the Transaction Broker in real estate?

A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.


Is it illegal for your real estate broker to literally sign the 'seller' of the homes name to documents?

no one can sign for anyone else without a power of attorney signed . If your broker has a poa signed, then he can sign for the seller.


What are the real estate laws in Georgia?

Every Real estate law involves the preparation and negotiation of numerous legal documents. Required disclosure by Georgia Real Estate Law, Brokerage Relationship in Real Estate Transactions Act (BRRETA), to make sure that you are clear on how you can be represented by a Real Estate Broker or affiliated sales person hereafter referred to as "Broker" in Georgia. 1. SELLER AGENCY 2. BUYER AGENCY 3. DUAL AGENCY 4. TRANSACTION BROKER


What is the work of a real estate broker?

The real estate broker runs the brokerage. He or she hires agents, fires agents, and runs the business. The following answer is not true, and it is not mine. His duty is to find the buyer and seller from the market and make a deal between them he is like a bridge between seller and buyer.


What is net listing in real estate?

A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.


What service is Broker Network offering?

The Broker Network is an independent real estate company. The Broker Network concentrates on buyer representation, relocation, new construction, seller representation and investment.


What is the role of a real estate broker?

Real estate brokers provide helpful advice on many areas of home buying. They may serve the interests of the seller. The most common practice is for the seller to hire the broker to find someone who will be willing to buy the home on terms - conditions that are acceptable to the seller. It will offer to help you obtain a mortgage loan.


What is co broker in real estate?

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What is the average real estate commission in Florida?

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How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


Is it true or false if a buyer or cooperating broker asks a listing broker about other offers on a property listed with that broker th code of ethics requires the listing broker to divulge the existe?

True. According to the National Association of Realtors' Code of Ethics, if a buyer or cooperating broker inquires about other offers on a property, the listing broker is generally required to disclose the existence of those offers, unless the seller has instructed otherwise. This transparency helps maintain fairness and integrity in the transaction process. However, specific obligations may vary based on local laws and regulations.