Sentences with phrase «explaining buyer agency»

This applies to so many aspects of real estate but specifically if you can not explain a Buyers agency, why work with anyone as a Buyer client?

French: When I explain buyer agency to people, I ask them to imagine a circle within a circle.

Not exact matches

(1) Before executing a contract or agreement with or receiving money or other valuable consideration from a buyer, a credit services organization shall provide the buyer with a written statement containing: (a) A complete and detailed description of the services to be performed by the credit services organization for the buyer and the total cost of the services; (b) A statement explaining the buyer's right to proceed against the surety bond or surety account required by section 45 - 805; (c) The name and address of the surety company that issued the bond or the name and address of the depository and the trustee and the account number of the surety account; (d) A complete and accurate statement of the buyer's right to review any file on the buyer maintained by a consumer reporting agency as provided by the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the buyer's file is available for review at no charge on request made to the consumer reporting agency within thirty days after the date of receipt of notice that credit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling services.

Many times I could have «written (prepared)» an offer, presented it to my Seller / Buyer having explained and sought (written) permission to practise dual agency, if applicable, and laid claim to the whole commission.

When I explained to my buyer that if we encountered a property they wanted to buy and the co-op fee did not cover the designated buyer agency fee in my contract, the buyer would be responsible for the difference, they understood completely.

Buyer Agents will for the first time be able to explain Dual Agency and Single Agency along with a recommendation for any Buyer to contact a lawyer and get a legal opinion on whether Dual Agency is in the Buyer's Best interests.

Did someone fail to explain how buyer agency contracts work, as to who pays, what and how much — to the people designing acctg tech systems?

Thus buyer agency still has to be explained, signed off on and recorded.

It is very easy to explain the reason for a Buyers Agency Agreement now... NO ONE WORKS FOR $ 1.

i also think the Act was revised for buyer agency only to ensure Full Disclosure of previous Dual Agency violations were not required to be explained to the conagency only to ensure Full Disclosure of previous Dual Agency violations were not required to be explained to the conAgency violations were not required to be explained to the consumer.

The reality is Buyer Agency as a Professional practice of real estate requires modern and pro-active buyer agent remuneration strategies to be legally employed, that are not explained in this artBuyer Agency as a Professional practice of real estate requires modern and pro-active buyer agent remuneration strategies to be legally employed, that are not explained in this artbuyer agent remuneration strategies to be legally employed, that are not explained in this article.

How many registrants can even explain the complexity of Dual Agency where two different Buyers who have separate BAAs with a single brokerage are looking for the same property type and price point.

In this scenario, where two agency relationships have already been established, the recommendation of the ATF is that the licensee would advise both the seller and the buyer that he / she is already acting as an agent for both parties, although not yet with respect to this specific property, and explain the possibility of both parties agreeing that the licensee be allowed to act as a transaction facilitator.

So when I began practising buyer agency and explaining it not just to my would - be buyers, but also to my sellers, I began sending actual copies of buyer agency agreements to the appropriate law office, along with the transaction paperwork.

One way to profoundly demonstrate how Buyer Agency Contracts are largely misunderstood within the industry, would be to: undertake to talk about same without explaining a «source of remuneration clause», in concert with suggesting it is the buyer's agent who is largely motivated to be paid by the sellerBuyer Agency Contracts are largely misunderstood within the industry, would be to: undertake to talk about same without explaining a «source of remuneration clause», in concert with suggesting it is the buyer's agent who is largely motivated to be paid by the sellerbuyer's agent who is largely motivated to be paid by the seller (s).

Designated agency is silly, even though we explain it the buyers and sellers rarely understand exactly what it means in law.

Also very few agents get overly involved in explaining «dual agency» to their buyers and generally have the buyers agree to their being represented in a dual agency situation on signing a BRA contract rather than at the time of the conflict..

When Buyer Representation is properly and legally explained to Consumers immediately 70 % of registrants would never be able to get one signed because they lack the core competencies required to fulfill the due diligence provisions inherent when bound through a full disclosure Buyer Agency Agreement.

So I had to explain, courteously that my buyer was paying a portion or even all the commission (according to his «Buyer Agency Contract&raqbuyer was paying a portion or even all the commission (according to his «Buyer Agency Contract&raqBuyer Agency Contract»).

So, if I ask the right questions before the showing I can eliminate the showing by telling the Buyers to get their agent to show the house, or qualify the Buyer and explain I show houses to people I have an Exclsuive Buyer Agency Agreement with.

Second, because they never list properties, an exclusive buyer agent has no interest in any particular property on the market, so they can be completely objective about any property their homebuyer client is interested in, explaining the pro's and con's equally to a buyer, without the conflicts of interest that are common in designated and dual agency companies.

A licensee should not simply assume that an agency relationship must be created, but should carefully consider the nature of the relationship they wish to establish prior to explaining the Working With a REALTOR ® brochure to a buyer / tenant or a seller / landlord.

The danger to agents working with buyers, as I see it is — that with a private seller the buyer, even under contract, will try to do his own negotiating with the seller, because buyers truly do not understand buyer agency and mostly agents don't take the time to explain it in detail.