Sentences with phrase «agent over the seller»

Not exact matches

You hand over your keys to the buyers and the agent on the other end tells you there's a slight problem — the sellers can't move out just yet because the home they're buying isn't finished and needs a couple of more weeks.
Getting pre-approved and knowing exactly how much house you can afford before shopping for a home is key to winning over sellers, real estate agents agree.
With over 25 years experience in the real estate industry, we understand buyers, sellers, agents and the time - sensitive issues that can affect your home purchase.
My article was written from the stand point of a listing agent that is hired to complete a short sale for a seller should not let an investor (buyer) take over the short sale.
If you are buying off market, the seller will likely have some level of anxiety over the deal and whether everything and everyone is legitimate without a real estate agent.
All things being equal, listing agents will confer with their sellers and give a lot more credibility to an offer that comes in with a pre-approval over a pre-qualification letter.
The gap between what sellers expect and what agents recommend has actually grown slightly over the past year even though national median prices have declined about 4 - 7 percent this year.
A real estate agent will normally go over this document with the buyer and seller and explain the fees or costs, including previous years» property taxes, points, insurance, title insurance, commission fees, and loan and financing fees.
A lil over a month after we accepted the counter offer the seller's agent got an email from the negotiator stating the sale has been approved and the formal approval letter will be emailed in 7 - 10 business days, in which we will have 30 days to close after receipt of the letter.
You'll want different characteristics in an agent who specializes in sole representation of sellers, for example, over an agent who works as an exclusive buyer's agent.
Although it usually boils down to dollars and cents, a sales agent and the home seller may be more inclined to go with a buyer whose agent can help glide the deal over the finish line faster.
There are over 5 million home sellers in the US and Canada and 2 Million listing agents that can't find each other online.
I would think that would transfer over to a buyer's agent in doing the same type of work, looking at comps and telling the prospective buyer what a property is worth and, therefore, what area of offer they should make so that they're not overpaying far more than the property's worth, but by the same token, are not giving an offer that's so low that the seller is just not even going to consider it.
If the property had been right for my buyer I would have shown it; in fact I sold the MLS listed house directly across the street and others over the years; sellers who had listed with agent friends or an agent had sold the sellers another property and listed the backup property.
I'd explain to the listing agent that you aren't signing and aren't turning over a penny until you have, IN WRITING, either a price reduction / credit or a guarantee that the repairs will be completed prior to closing at seller's expense in a workmanlike manner.
If an agent represents a buyer and seller, then that buyer has an unfair advantage over other buyers with competing offers.
Often, the buyer's real estate agent won't discuss the transaction over the phone with the seller agent, Mutter says.
When an agent knows... really knows... that he or she has a strategy that gives their listing clients an edge over the competing properties on the market, and has a logical and persuasive presentation that sellers want to hear, a lot of good things happen.
This shields sellers — and hopefully, their real estate agents — from disputes that arise over misinformation.
If you're aware of the obligations of the agent under agency then you are supposed to also be aware that the seller is the employer and the agent must do as lawfully directed by the employee — there is no upside down authority for the agent to have authority over the employer which was effectively your opinion.
If you are feeling self - conscious, you might try building a rapport with sellers and agents over the phone prior to a personal meeting.
Another side, as to the issues mentioned above, any other party to that transaction, agent, title folks, bank, attorney, or even the seller's 3rd cousin who came over for dinner may very well see you as some scam artist and get on the phone getting who knows what authority involved.
The seller sued both Cleveland and the buyer's rep, arguing that the purchase contract required the agent to turn over the buyer's deposit if the buyer failed to perform.
Sure they can, but when that hand rail has to get installed or that boundry line agreement has to be handled or that client can't figure out how to scan and email over W - 2 docs, or the sellers agent doesn't provide the «repair invoice» and it requires chasing it down.
Since then, I've created a platform of connections with other real estate agents in different markets all over the U.S. who refer buyer and seller referrals to me thanks to Instagram.
I also pass on any «bonus» commission paid by the seller / listing agent that is over and above what I negotiate with my client.
The «evidence» supported by over 500,000 MLS posted listings yearly by Professional Agents in Canada, is that the home seller needs a professional agent to act as an intermediary when considering the comments and advice of others who have NO LEGAL requirement to communicate all the facts to them or make appropriate disclosures to them.
There remains so much confusion over the legal application of contract law and because current mls associations represent sellers and seller agents via their bylaws, rules and regulations, this confusion remains ingrained in the vast majority of agents.
I know an agent that was sued for over $ 800,000 for misinterpreting a sellers response on the grow op question.
Ways to Use This Report With over 130 pages of detailed charts and analysis, NAR's Profile of Home Buyers and Sellers is an exceedingly valuable tool for brokers and their agents:
When you study success, the agents who list and sell over 100 properties a year help the seller as a resource, and not as a self - promoting marketing initiative.
Although an agent is apparently not required to offer advice, be present at offer presentations or help the seller negotiate [additional services???] then the whole apparatus will flip over to buyer (agency) contracts as well in reality — just sign buyers up to a contract, add them to a list someplace, but do nothing else for them?
Over the last year, the program has undergone several important updates to evolve with current market conditions, and to make it accessible to more sellers and more attractive to agents who use the program to better position listings to sell.
Any listing agent will not just impress his seller, help de-stagnate household listing air: smoke, fragrances from air fresheners that are full of maybe killer chemicals that infiltrate the other airbournes, perhaps making a toxic stew of sorts, but will absolutely impress would be buyers who will perhaps choose this property, preferred over others, and they sometimes can't even put their fingers on the exact reason for their choice.
This situation has developed over time because members are apathetic or preoccupied trying to make a living in a marketplace with too many suppliers (agents) and not enough customers (buyers and sellers).
The manager said he'd taken over handling the contract because the seller's agent had decided to make an offer on the property.
A Public Open House costs the Listing Agent at a minimum over $ 600 to hold, yet agents don't share these facts with their sellers when discussing commission.
Awkward encounters ranged from buyers finding sellers taking a shower, asleep in the bed, to even the «stalker sellers» who liked to follow buyers and the agent all over the home to see what they thought.
«The companies we do business with, according to those buyers and sellers, are contacted after their agent's closing over 90 per cent of the time.»
So over and above the fee you pay to the marketing company, or for a mere posting, sellers will likely have to pay a buyer's agent to bring a buyer.
What isn't in the listing agreement is advice on if or when the seller has leverage over the agents to reduce that commission, if they choose to accept a lower sale price.
«Market activity reports, neighborhood data, buying and selling tips, home improvement ideas, and even community events offer agents a chance to communicate both market knowledge and valuable information to potential buyers and sellers, building a lasting relationship over time.»
This is the best time to attempt to negotiate a lower commission and the only time that the seller has leverage over the agents to accept a lower commission in exchange for a lower acceptable price and a completed transaction.
New seller real estate services are increasing like fruit flies, team signs are everywhere, direct mail is over flowing blue bins, non real estate companies are trying to collect referral fees for leads, regulation bending by real estate agents is endemic and the major franchisers may soon deploy sophisticated technology to attract clients.
However, neither the seller nor the buyer as «principals» (masters) of the Realtor ‑ servant (the «agent») exert any control or supervision over the daily activities of the Realtor, although they become vicariously liable for the agent's misconduct (fraud) and neglects committed in the course of the principal's business.
The problem arises, however, when one considers that even though the agent has control of the proverbial marketing expense accelerator, the seller retains control over the brake.
A single agent can not seek the best interests of both a buyer and seller negotiating over the same property.
Once the agent accepts the investors» negotiating help, the investors talk the seller into turning over the deed to them and — in some cases — giving them power of attorney.
Once the sale is over, licensed agents are able to review and approve the final offer with the seller and coordinate the closing with the buyer's agent entirely online.
The National Association of REALTORS says that nationwide, over 90 % of sellers use an agent.
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