The members of my team are the designated
agents for the seller of a property.
Yet, as
an agent for the seller of the strata lot, that same brokerage would have a duty to disclose all known facts that may affect or influence the seller's decision.
Not exact matches
So the 34 - year - old CEO and former time - management consultant reserves 8 a.m. to noon
of each workday
for calling and e-mailing potential customers and business partners — activities essential to building his online startup, Agent Finder, which matches home buyers and
sellers with real - estate
agents.
The two sides came to an agreement the following September, and CREA modified its rules to allow
for «mere postings,» meaning
agents can list properties and allow
sellers to do the rest
of the work.
Like other Wall Street banks, JPMorgan acts as an
agent for buyers and
sellers of Bitcoin XBT, an exchange - traded note designed to track the value
of the crypto currency.
«We've got a number
of sellers who say, «If we're not going to sell
for a particular value, we're not going to sell at all,»» says Victoria real estate
agent Tony Joe.
«However, it is incredibly important
for area brokers
of all sizes — and
for their
agents and the home
sellers they represent — to be able to market their listings to San Diego's largest audience
of home shoppers, and we are working hard to help the MLS realize that opportunity,» the company said.
For Sale By Owners (FSBO)-- Often times,
sellers will decide to save the costs
of hiring a real estate
agent to sell their home and sell it themselves with a sign or newspaper advertisement.
About Site - Honolulu Hawaii real estate updates and information
for both buyers and
sellers from one
of Hawaii's top real estate
agents.
Oahu, Hawaii About Blog Honolulu Hawaii real estate updates and information
for both buyers and
sellers from one
of Hawaii's top real estate
agents.
John Kremer — Offers an extensive list
of resources to book
agents, book
sellers, reviewers, publishers and other necessary information
for authors
For more than 30 years, Stonesong has created, agented, or designed best - sellers and beautiful books for some of America's biggest publishers and private clien
For more than 30 years, Stonesong has created,
agented, or designed best -
sellers and beautiful books
for some of America's biggest publishers and private clien
for some
of America's biggest publishers and private clients.
As
for physical books, I believe they will remain but I believe that self - publishing will make the route to a best -
seller more circuitous than it's ever been because there may not be
agents / publishers willing to represent / publish an author unless the self - published product has sold more than «x» number
of books.
For example, I would love to know the average number
of times debut best -
sellers were rejected by
agents and publishers, compared to debuts that flop.
For those who wish to know if I have any credentials to pass on such advice, I can tell you that I've got a MA in Creative Writing; I've had various run - ins with literary
agents in the traditional publishing area; I've been a book -
seller and now I'm a proud self - published author and an active member
of the Alliance
of Independent Authors, as well as reviewer
of Awesome Indies.
For this reason, these brokers often appeal to
For Sale by Owner (FSBO)
sellers who are happy to do most
of the
agent work themselves.
For example, if a buyer insists on a $ 1,000 repair allowance for windows, but the seller won't budge, some agents will rebate $ 1,000 of their commission to the buyer so the deal can clo
For example, if a buyer insists on a $ 1,000 repair allowance
for windows, but the seller won't budge, some agents will rebate $ 1,000 of their commission to the buyer so the deal can clo
for windows, but the
seller won't budge, some
agents will rebate $ 1,000
of their commission to the buyer so the deal can close.
If you're a seasoned real estate buyer or
seller, trading the assistance
of a skilled real estate
agent for a sizeable rebate may be a good deal.
You may be able to defray the costs by negotiating with your real estate
agent's commission or by requesting the
seller to provide
for a certain share
of the total closing cost.
There are three primary types
of listing agreements, and each one offers a different level
of services, responsibilities and rights
for both the
agents and the
sellers.
Rather than relying on a real estate
agent, homebuyers can hope to get access to essential information, such as recent sales data and the number
of listings that didn't sell (some
of which expire and some
of which are terminated by the
seller for a variety
of reasons).
If the
seller owes close to the amount
of the value
of the home, there isn't room
for agent fees.
He was working
for me, not the
agents or the
seller, so I felt more trusting
of his advice.
So the contract between the buyer and
seller also serves as a set
of instructions
for the
agent.
That listing
agent is contractually bound to do what is in the best interest
of the
seller, and that means getting the highest dollar amount
for the sale
of the home.
Agents need to be mindful that if they have knowledge of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his seller, making the seller aware that his agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the seller the need for disclosing), directing his seller to get «fix - it» quotes, repair before going to market, or offer a rebate to his buyer for the dollar amount involved, and advise the seller that this information if known by his agent, or by the seller, «must» be disclosed in some manner, in writing, so as to prevent the seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning m
Agents need to be mindful that if they have knowledge
of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing
agent needs to draw to the attention
of his
seller, making the
seller aware that his
agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his
seller — sometimes surreptitiously, (by
agent's putting the information confirmation in writing and has advised the
seller the need
for disclosing), directing his
seller to get «fix - it» quotes, repair before going to market, or offer a rebate to his buyer
for the dollar amount involved, and advise the
seller that this information if known by his
agent, or by the
seller, «must» be disclosed in some manner, in writing, so as to prevent the
seller and all the
agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning m
agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing
of transactions, not just even non-removal
of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort
of turbulent down - turning market.
Prohibited acts.A credit services organization, a salesperson,
agent, or representative
of a credit services organization, or an independent contractor who sells or attempts to sell the services
of a credit services organization shall not: (1) Charge a buyer or receive from a buyer money or other valuable consideration before completing performance
of all services, other than those described in subdivision (2)
of this section, which the credit services organization has agreed to perform
for the buyer unless the credit services organization has obtained a surety bond or established and maintained a surety account as provided in section 45 - 805; (2) Charge a buyer or receive from a buyer money or other valuable consideration
for obtaining or attempting to obtain an extension
of credit that the credit services organization has agreed to obtain
for the buyer before the extension
of credit is obtained; (3) Charge a buyer or receive from a buyer money or other valuable consideration solely
for referral
of the buyer to a retail
seller who will or may extend credit to the buyer if the credit that is or will be extended to the buyer is substantially the same as that available to the general public; (4) Make or use a false or misleading representation in the offer or sale
of the services
of a credit services organization, including (a) guaranteeing to erase bad credit or words to that effect unless the representation clearly discloses that this can be done only if the credit history is inaccurate or obsolete and (b) guaranteeing an extension
of credit regardless
of the person's previous credit problem or credit history unless the representation clearly discloses the eligibility requirements
for obtaining an extension
of credit; (5) Engage, directly or indirectly, in a fraudulent or deceptive act, practice, or course
of business in connection with the offer or sale
of the services
of a credit services organization; (6) Make or advise a buyer to make a statement with respect to a buyer's credit worthiness, credit standing, or credit capacity that is false or misleading or that should be known by the exercise
of reasonable care to be false or misleading to a consumer reporting agency or to a person who has extended credit to a buyer or to whom a buyer is applying
for an extension
of credit; or (7) Advertise or cause to be advertised, in any manner whatsoever, the services
of a credit services organization without filing a registration statement with the Secretary
of State under section 45 - 806 unless otherwise provided by the Credit Services Organization Act.
For real estate
agents, mortgage lenders, and buyers and
sellers of homes, the ability to get to settlement on - time is about to get tougher.
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.
For example, think about an insurance company with no
agents and a funny animal that advertise it, or a
seller of fractional ownership
of a technology heavy private aircraft.
This is an opportunity
for home inspectors to help educate home buyers,
sellers, and real estate
agents on the dangers
of radon, while also providing a valuable service that can help inspectors grow their businesses and increase their revenue.
The cost
of your
agent is paid
for by the
seller.
(1) A credit services organization, its salespersons,
agents, and representatives, and independent contractors who sell or attempt to sell the services
of a credit services organization may not do any
of the following: (a) conduct any business regulated by this chapter without first: (i) securing a certificate
of registration from the division; and (ii) unless exempted under Section 13 -21-4, posting a bond, letter
of credit, or certificate
of deposit with the division in the amount
of $ 100,000; (b) make a false statement, or fail to state a material fact, in connection with an application
for registration with the division; (c) charge or receive any money or other valuable consideration prior to full and complete performance
of the services the credit services organization has agreed to perform
for the buyer; (d) dispute or challenge, or assist a person in disputing or challenging an entry in a credit report prepared by a consumer reporting agency without a factual basis
for believing and obtaining a written statement
for each entry from the person stating that that person believes that the entry contains a material error or omission, outdated information, inaccurate information, or unverifiable information; (e) charge or receive any money or other valuable consideration solely
for referral
of the buyer to a retail
seller who will or may extend credit to the buyer, if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public; (f) make, or counsel or advise any buyer to make, any statement that is untrue or misleading and that is known, or that by the exercise
of reasonable care should be known, to be untrue or misleading, to a credit reporting agency or to any person who has extended credit to a buyer or to whom a buyer is applying
for an extension
of credit, with respect to a buyer's creditworthiness, credit standing, or credit capacity; (g) make or use any untrue or misleading representations in the offer or sale
of the services
of a credit services organization or engage, directly or indirectly, in any act, practice, or course
of business that operates or would operate as fraud or deception upon any person in connection with the offer or sale
of the services
of a credit services organization; and (h) transact any business as a credit services organization, as defined in Section 13 -21-2, without first having registered with the division by paying an annual fee set pursuant to Section 63J -1-504 and filing proof that it has obtained a bond or letter
of credit as required by Subsection (2).
A credit repair business and its salespersons,
agents, and representatives, and independent contractors who sell or attempt to sell the services
of a credit repair business, shall not do any
of the following: (1) Charge or receive any money or other valuable consideration prior to full and complete performance
of the services that the credit repair business has agreed to perform
for or on behalf
of the consumer; (2) Charge or receive any money or other valuable consideration solely
for referral
of the consumer to a retail
seller or to any other credit grantor who will or may extend credit to the consumer, if the credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public; (3) Represent that it can directly or indirectly arrange
for the removal
of derogatory credit information from the consumer's credit report or otherwise improve the consumer's credit report or credit standing, provided, this shall not prevent truthful, unexaggerated statements about the consumer's rights under existing law regarding his credit history or regarding access to his credit file; (4) Make, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise
of reasonable care should be known, to be untrue or misleading, to a consumer reporting agency or to any person who has extended credit to a consumer or to whom a consumer is applying
for an extension
of credit, with respect to a consumer's creditworthiness, credit standing, or credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale
of the services
of a credit repair business or engage, directly or indirectly, in any act, practice, or course
of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale
of the services
of a credit repair business.
Fair Housing Act: An act created by the federal government that makes it illegal
for lenders,
sellers,
agents, brokers, and anyone involved in the sale or purchase
of a home to discriminate against a buyer
for any reason.
If the total purchase price
for the property exceeds $ 50,000, the closing
agent will withhold 2.5 % from each nonresident
seller's share
of the total sales price.
They argue that the vast majority
of home
sellers work with an
agent for the same reason they wouldn't defend themselves in court if hundreds
of thousands
of dollars were involved.
Once an
agent has done their home work on the
seller and has gone ahead with listing the home
for sale, they then have to perform the function
of finding the right short sale buyer.
One
of the more common errors I see is a listing
agent submitting multiple offers to the lender
for approval without the
seller signing one
of them.
+ Designed
for real estate professionals at all experience levels, the National Association
of REALTORS ® Short Sales and Foreclosure Resource certification, or SFR ®, gives you a framework
for understanding how to: Direct distressed
sellers to finance, tax, and legal professionals, Qualify
sellers for short sales, Develop a short - sale package, Negotiate with lenders, Tap into buyer demand, Safeguard commissions (paid by lender so the
seller or buyer does not owe any fee to
agents), Limit risk, Protect buyers &
sellers.
On a weekly basis I am seeing
agents improperly handle short sales by either submitting low ball offers signed by the
seller to the bank or collecting multiple unsigned offers and just submitting them all like some kind
of free
for all.
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.
For the travel
agents, who play a vital role as
sellers and re-
sellers on behalf
of the suppliers, the issue is less about trying to predict the vagaries
of the economy than staying on top
of trending luxury destinations and a changing client base.
The actor has played a number
of roles in the art market as buyer, charity auction impressario and a behind - the - scenes
agent for sellers who feared a buyer would default on an auction bid.
1 Apr. 21, 2016)(unpublished), buyers
of seaside property sued
seller and a dual broker
agent for breach
of contract, intentional misrepresentation, negligent misrepresentation, and rescission after dual
agent told buyers at a pre-sale stage that foul odors in the house were attributable to «sea air,» when instead they emanated from a post-sale discovery
of a buried oil and septic tank on the property.
That case will make their search
for an effective linkage between their actions and an ultimate sale that much harder and, at the same time, will reduce the risk to the
seller of being saddled with two sets
of agents» commission
for the price
of one property.
Specifically, the statute says this: «a contract or proposed contract
for the sale or lease
of consumer goods or services may not include a provision waiving the consumer's right to make any statement regarding the
seller or lessor or its employees or
agents, or concerning the goods or services.»
(a)(1) A contract or proposed contract
for the sale or lease
of consumer goods or services may not include a provision waiving the consumer's right to make any statement regarding the
seller or lessor or its employees or
agents, or concerning the goods or services.
Thus the E-Signature stipulation
for things like Purchase & Sale Agreements
for Real Estate, is simply an opportunity to allow buyers,
sellers &
agents, the convenience to complete their transactions as do all others in the U.S., in other Canadian provinces and in other parts
of the world.
Rich is also
Of Counsel at CannerLaw & Associates, which performs full service closing settlement
agent work
for national, regional and local lenders, as well as individual borrowers and
sellers.