The main
responsibility of real estate agents is to sell properties their companies possess to clients by striking a deal that is feasible to both the client and the company.
Avi Rosen, a 40 - year veteran real estate broker and a paralegal who specializes in real estate matters, recently interviewed Toronto real estate lawyer Martin Rumack, who wrote Legal
Responsibilities of Real Estate Agents, Third Edition with Rosemary Bocska (LexisNexis Canada).
LexisNexis Canada recently released Legal
Responsibilities of Real Estate Agents, 3rd Edition by Rosemary Bocska and Martin K.I. Rumack.
Not exact matches
I can, though, see where Zillow is coming from: no one thinks the North American
real estate market is the way it is because that is somehow optimal or good for consumers; the only folks that benefit from the status quo are
real estate agents that continue to collect 6 %
of the purchase price even as their
responsibilities, particularly in the case
of the buying
agent, run in the opposite direction
of their incentives.
As a
real estate agent you have the
responsibility to educate your clients regarding the importance
of home inspection.
This is one
of core
responsibilities of a
real estate listing
agent.
Here's a list
of responsibilities for
real estate listing
agents.
A good
real estate listing
agent will answer all
of these questions for you — it's one
of their key
responsibilities.
In this article, you'll learn about the key
responsibilities of a
real estate listing
agent.
Buying, selling, and renting properties are the
responsibility of a licensed
real estate broker or sales
agent.
Budge Huskey, president and chief executive officer
of Coldwell Banker
Real Estate, says, «We believe it is our
responsibility to ensure that our affiliated
agents are the foremost experts in every aspect
of the home.
At Better Homes and Gardens
Real Estate David Winans and Associates in Dallas, Texas, Vice President Mark McDonough tried the do - it - yourself approach in support
of the company's 100 - plus
agents before entrusting that
responsibility to Lumentus Social for
Real Estate.
NAR continues to monitor closely and has worked with FinCEN to develop an educational publication informing
real estate agents and brokers
of their
responsibilities under current law.
Recently released final regulations under the Affordable Care Act (ACA) recognize «qualified
real estate agents» as non-employees for purposes
of the «Shared
Responsibility for Employers» provisions
of the new health care law.
In B.C. the provincial
real estate council places a heavy burden
of responsibility for an
agent's actions on the shoulders
of the
agent's managing broker.
I appreciate the arguement you make with having licensees being required to measure a home in person as a means
of eliminating the long distance back alley service but, alas, the nature
of this type
of licensed
real estate agent will likely attempt to pass the
responsibility onto the seller to provide documentation
of square footage or have the seller pay for a measurement service.
However, the ACA recognizes that those
real estate agents that are recognized as «qualified
real estate agents» and thus statutory non-employees under the IRS code, will similarly be non-employees for purposes
of the «Shared
Responsibility for Employers».
I have worked for a small independent
real estate company for over 12 years now, and although my position and
responsibilities have changed since I started, at virtually all points I have had a comprehensive view
of every
agent's sales performance and commission income, as well as their involvement in company, community and industry activities.
By Barry Lebow Buyer brokerage is one
of the fastest growing
real estate specialties because more and more homebuyers want the services
of an
agent who owes them full fiduciary
responsibilities, duties and loyalty.
Calling
agents the «initiators
of a transaction,» Edgerton said they must be taught that it's their
responsibility to make sure everyone involved knows what to do if they get suspicious messages related to a
real estate deal.
However, the ACA recognizes that those
real estate agents that are recognized as «qualified
real estate agents» and thus statutory non - employees under the IRS code, will similarly be non-employees for purposes
of the «Shared
Responsibility for Employers».
According to the survey, nearly 42 percent
of respondents said it was the
responsibility of every organization in the
real estate industry to provide safety training for its
agents.
In light
of the treatment
of the disclaimer by Ontario's highest court — in effect totally ignoring it — the
real estate community is now on notice not only that
agents have to «further verify» what their clients write into the form, but also that the attempted waiver
of responsibility is not worth the paper on which it is written.
If you're buying or selling a home under special circumstances, such as a foreclosure or short sale, ask your
real estate agent to explain the implications
of these transactions and the
responsibilities of the buyer and the seller.
Since my wife Debra was taking on more
of the lending
responsibilities, I spent the bulk
of my time working with the
real estate agents.