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The 10 Dumbest Mistakes Smart People Make When Buying or Selling a Home
Welcome >  > The 10 Dumbest Mistakes Smart People Make When Buying or Selling A Home - And HowTo Avoid Them ...

 

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Real Estate Tips
Working With An Agent >An Agents Role

Recent reforms in the disclosure laws and real estate practices around the country have resulted in new options for buyers and sellers. Real estate agents can take different roles with buyers and sellers.

A seller's agent works with loyalty and fidelity as the seller's advocate and negotiator, and is obligated to disclose to potential buyers all adverse material facts that are known about the property.

A buyer's agent works exclusively to negotiate the lowest purchase price and best terms for the buyer. This agent serves the buyer with undivided loyalty, confidentiality, and full disclosure. The agent would know the highest price that the buyer would be willing to offer for a home, but could not disclose that information to the seller.

A dual agent can work for both the buyer and the seller by written, informed consent of both parties and has fiduciary obligations to both. The agent can only disclose to one party what the other party allows to be revealed.

A transaction broker assists the buyer or seller or both throughout a real estate transaction without being an agent or advocate for any of the parties.

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Real Estate Trivia
Q 
What characteristics must a home have to be considered a prestigious property?

A 
Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person.
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The  J Team, REALTOR®, real estate agents and broker for Vancouver, Camas and Battle Ground, Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

The "J" Team
Keller Williams Realty

915 Broadway, Suite 100
Vancouver, WA. 98660
Phone: 360-852-2154
Fax: 360-906-0027
Email: JayHomes@gmail.com

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