What I do is help my clients leverage their money to optimize their real estate assets to enhance their net worth. What I actually sell to the families I represent is more than property, I provide my clients with clarity, focus, balance, and confidence during every step of the transaction. If this is the type of representation you want from your real estate agent, please contact me. I'm here to help you.
Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner's agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer's agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.
The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.
The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:
A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services.
~ Real estate brokers and salesmen are required by law to make properties available without regard to race, color, religion, national origin, sex, disability or familial status.
~ Prior to entering into a contract, a buyer may find it useful to prequalify for a mortgage loan. Loan programs, fees, interest rates and requirements vary among lenders.
~ Brokerage fees are negotiable and are not fixed or controlled.
~ In many transactions, including most residential sales, a seller will deliver a Seller's Disclosure Notice to a buyer on or before the effective date of a contract to purchase the property The notice provides important information about the seller's knowledge of the property condition.
~ Buyers, sellers, landlords, or tenants are encouraged to have a property inspected by licensed inspectors or lawfully authorized persons to determine- (a) the condition of the property; (structural, mechanical, and electrical items); (b) any environmental conditions; (c) feasibility of use; (3) compliance with laws or regulations; (e) presence of termites or wood-destroying insects; and (f) any other matters. Brokers are not qualified to perform such inspections.
~ Residential service contracts are available to buyers and sellers of residential property. In a residential service contract, a residential service company agrees to, subject to the terms of the contract, repair the appliances, electrical, plumbing, heating, cooling or other systems in the property.
~ Buyers are advised to obtain a policy of title insurance or have an abstract of title reviewed by an attorney of buyer's choice before purchasing a property.
~ Buyers, sellers, landlords, or tenants are advised to seek the advice of an attorney of their own selection before entering into a binding agreement.