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Q: When a seller has agreed to supply all of the needs of a buyer there is a?
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Who is the principal for whom a real estate broker works?

A real estate broker has only one fiduciary duty and that is to his or her client, also known as the principal. Real estate agents act as the broker's representatives -- always. In every part of a real estate transaction, he or she is the broker's agent. Therefore, despite the fact that the agent may have procured the client, he or she did so as the broker's representative. Therefore, the only principal for whom a broker works is the client -- the home buyer or seller.


What is customer equity?

Customer Equity, the Percentage of Equity of the Buyer in the Assets of the Supplier. Edit Talk 0 10PAGES ONTHIS WIKICustomer Equity or Customer's Equity, CE, - Consumer Equity or Client Equity (also Buyer's Equity) -, is the percentage of equity of the buyer in the assets of the seller/supplier.Customers shoppingIn free market the Seller (producer/supplier/business), in general, defines a higher price for the Buyer (customer, consumer, client) to pay for the seller's products and/or services, bearing in mind the cost of various business tools/means (facility, equipment etc) the seller needs to operate, apart from consumables, which finally become its assets.That is to say if the seller/supplier were provided with the tools/means to operate (building facility, machinery, furniture/equipment etc) by the customers, it should charge them less for the acquisition of goods/services, permanently (purchase) or temporarily (lease, rent, use only), and all such assets -ownership equity - theoretically, should belong to the buyers/customers and shared between them


How can you become a good seller?

the best way to become a good seller is to listen to your customer ,then ask more question about details of your customers needs before you do what you should to do for theme


How do you explain product concept?

Anything that possesses untility is describe as goods. A product is both what the seller sell and what the buyer has to buy. These, any that has something to sell, as tangible goods or not, is a product. People purchase product, because they are capable of realizing some benefits to the purchase . A product is one which satisfies the needs of customer.


Why is it important to find a Real Estate agent to assist you in finding a home to purchase?

It does not cost the buyer because the seller pays the commission. An agent can sell any home in their MLS. By establishing a relationship with one agent, they can better determine your likes, wants and needs in order to help you find your perfect home.

Related questions

What happens when demand meets supply?

Transaction happens when supply and demand meet. Both sides (a seller and a buyer) meet their needs: a seller gets money for its products (now he can manufacture next products) and a buyer gets product he needed.


What will happen to the prices in the market if the supply and demand meet at the equilibrium?

Transaction happens when supply and demand meet. Both sides (a seller and a buyer) meet their needs: a seller gets money for its products (now he can manufacture next products) and a buyer gets product he needed.


What is the role of buyer?

The major role of buyer is to make the seller aware about his needs and wants And what are his expectation from the product.


What is the buyer's role?

The major role of buyer is to make the seller aware about his needs and wants And what are his expectation from the product.


Who signs the contract first the seller or the buyer?

Typically a real estate contract begins with a written offer from the buyer. The offer, to be official is signed by they buyer. From there there seller may make amendments and sign and amended contract, that needs to be approved and the changes are either initialled by the buyer and the seller or a new contract containing agreed upon amendments is resigned by both parties. The signing continues until a final agreement with all agreed changes has been signed by both parties. For further information, see the related link below.


How does eBay's transactions take place?

First, the buyer either wins the auction by outbidding others or using the buy-it-now feature. The buyer then needs to send the payment via PayPal or Credit Card. Then, the seller will ship the item. Once the item is recieved, either the buyer or seller can leave feedback about the product.


Is the buyer or seller responsible for title insurance?

Here in California, it is a matter of local custom. In Southern California, typically the seller agrees to purchase the owners policy for the buyer, the buyer supplies the title insurance for the lender. In Northern California, the buyer typically pays for both policies. It is, however, a matter that is covered in the contract between the seller and buyer and is negotiable, as is everything else. All closing costs can be negotiated as part of the sales contract. Who pays for title insurance varies from state to state based on local custom, but can be negotiated between the buyer and seller as part of the sales contract. There are no laws providing for either party to be required to pay. In the case where the seller has elected to pay title expenses, the buyer needs to make sure that the Lender has approved those fees to be paid by the seller. Some types of mortgages require that the buyer/borrower have a certain amount of funds available for the closing fees and may "cap" what fees can or cannot be paid by the seller in behalf of the buyer.


Why does a seller of a handgun needs to wait 48 hours before giving it to the buyer?

It depends on the state. Most states don't have waiting periods.


Is it worth having a seller remove the above-ground pool if the buyer doesn't want to have it?

No have the buyer do it. The seller isn't responsible-house is sold as is! ;)plus what if the buyer changes their mind then he sellers property goes down in value! It may be worth it for the buyer to remove the pool versus having the seller remove it because the seller may increase the sales price of the house if they remove the pool. To increase the sales price, this would add more onto the buyer's loan for the house. More money!!!! If the pool is in good condition, the seller could include the pool in the sale. Otherwise, it needs to be removed from the property before putting the house for sale. Offer it online free to the person who comes and picks it up. Craigslist and Freecycle are good sites.


How is the conversation between a buyer and seller on makeup products?

This really isn't a set thing. It could be as simple as.. Seller: "Wanna buy some makeup?" Buyer: "Not today. I spent all my money on crack" Seller: "Alright, then...." Or it could be much more elaborate. The nature of the conversation will ultimately be dictated by established rapport, one's understanding of the needs and wants of the other, and the personality types each party involved has.


What is one reason that businesses from different countries have to exchange currencies?

The buyer has currency A while the seller wants currency B. Someone in the process needs to exchange A for B.


Who is the principal for whom a real estate broker works?

A real estate broker has only one fiduciary duty and that is to his or her client, also known as the principal. Real estate agents act as the broker's representatives -- always. In every part of a real estate transaction, he or she is the broker's agent. Therefore, despite the fact that the agent may have procured the client, he or she did so as the broker's representative. Therefore, the only principal for whom a broker works is the client -- the home buyer or seller.