That same day, another real estate salesperson, who was a friend of the buyer but who hadn't been involved in the transaction before, presented
an offer on behalf of that buyer.
Q. I was in the middle of negotiating
an offer on behalf of buyers I was representing.
Looking at Delaware case law, the court found that an agency relationship can be created when a salesperson presents
an offer on behalf of the buyer.
Not exact matches
Large professional
buyers of securities, mostly financial institutions, that are
offered a portion
of a new issue by one member
of the banking group
on behalf of the whole syndicate.
Moving into its 4th year in 2012, Business Travel Market is the only event in Europe that
offers a fully hosted
buyer programme to corporate travel
buyers spending over $ 300,000 per annum
on behalf of their organisations.
Rémi Bouysset will deliver a keynote speech
on behalf of the business travel trade, during which he will
offer his predictions
on likely changes in the business travel industry and what these may mean to corporate travel
buyers and managers in the year ahead.
ramifications
of choosing one form
of business entity over another (partnership, say, over a corporate form), or a Realtor from helping a
buyer or seller fill out listing or
offer forms, or anyone who is not a lawyer from negotiating
on another's
behalf pretty much any kind
of legally binding agreement whatsoever.
They concluded that REALTOR ® X's inducement
of Buyer B by emphasizing that the property might sell quickly (which might well have been true), coupled with her
offer to prepare a purchase contract
on Buyer B's
behalf, constituted an initiation
of dealings
on the property by REALTOR ® X, not by
Buyer B.
RECO CODE
OF ETHICS Section: 14 «If a Brokerage enters into a buyers representation agreement with a buyer and the agreement is not in writing, the brokerage shall, before the buyer makes an offer, reduce the agreement to writing, have it signed on behalf of the brokerage, and submit it to the buyer for signature»
OF ETHICS Section: 14 «If a Brokerage enters into a
buyers representation agreement with a
buyer and the agreement is not in writing, the brokerage shall, before the
buyer makes an
offer, reduce the agreement to writing, have it signed
on behalf of the brokerage, and submit it to the buyer for signature»
of the brokerage, and submit it to the
buyer for signature».
Q: I presented an
offer to a listing agent
on behalf of my
buyer clients.
If a brokerage enters into a
buyer representation agreement with a
buyer and the agreement is not in writing, the brokerage shall, before any
buyer makes an
offer, reduce the agreement to writing, have it signed
on behalf of the brokerage and submit it to the seller for signature.
The article goes
on to say: «One (CREA) rule requires listing agents to receive
offers from potential
buyers and negotiate
on behalf of the seller in order to list the property within the MLS».
An associate from another brokerage showed one
of our listings and,
on behalf of a
buyer, presented an
offer considerably under the asking price.
I explained to my
buyers as we were preparing the
offer, the possibilities, and informed them that we should get that acknowledged, and did they first want to speak to their lawyer; they were afraid to miss out
on the house with such a shortage
of product availability; fortunately I had their lawyer's home phone number, so I placed the call
on their
behalf.
The law requires real estate licensees to perform the following basic duties when dealing with any real estate
buyer or seller as customers: present all
offers in a timely manner, account for money or other property received
on your
behalf, provide an explanation
of the scope
of services to be provided, be fair and honest and provide accurate information, provide limited confidentiality, and disclose «material adverse facts» about the property or the transaction which are within the licensee's knowledge.
A licensee acting for a seller must make a disclosure
of expected remuneration in respect
of each «
offer to acquire real estate» that is prepared
on behalf of a
buyer and presented to the seller by the seller's licensee.
Seller Contributions Depending
on the seller's eagerness to close the transaction, the seller
of a property will often become aggressive and
offer to pay some or all
of the closing costs, origination points and / or pre-paid items (interest, hazard insurance, tax escrows) associated with the purchase
on the
buyer's
behalf.
If the
buyer decides they wish to retain a right to assign the contract without the consent
of the seller, and instructs you to strike or alter a Standard Assignment Term in the
offer you are preparing
on their
behalf, or to add an additional term that would alter the effect
of a Standard Assignment Term, then you must provide the Notice to Seller Regarding Assignment Terms form to the seller or seller's licensee at the same time the
offer is presented.
I
offer buyers rebates starting with half
of my net commission earned
on your
behalf as your
buyers agent
In Denver, as in many other areas, MLS rules prohibit disclosure
of the commission rates
offered to agents working
on behalf of buyers.
Maybe now that gasoline cost is noticeably higher and the increased costs we all see in purchases required to operate, in general, are
on the rise, perhaps agents will begin to see the need to concentrate
on working with real (qualified)
buyers, not those who would just love to spend the afternoon looking at houses, and making (otherwise good)
offers on some — only to learn after several days
of COF that they can not get their money power organized to enable a sold sign to be installed
on their
behalf.
Six weeks later, Broker B (a
buyer broker) wrote an offer on the property on behalf of Buyer # 1, presented it to Broker L, and it was acce
buyer broker) wrote an
offer on the property
on behalf of Buyer # 1, presented it to Broker L, and it was acce
Buyer # 1, presented it to Broker L, and it was accepted.