Sentences with phrase «seller fiduciary responsibility»

The listing agent or sellers agent, owes the seller fiduciary responsibility.....

You have the listing agent or seller's agent that work for a seller and owes the seller a fiduciary responsibility.

Not exact matches

Besides completely botching everything you could possibly do from a short sale perspective and maintaining your fiduciary responsibility to the seller, the Realtor does not even understand appraisals 101.

The agent's fiduciary responsibility in this case is to treat the seller and buyer as equals and to not give one side better representation than the other, says Kent.

This seems obvious but if you work with a sales agent that you find at an open house, for example, he is likely working for the seller and not you — meaning his fiduciary responsibility is to get the highest price and best deal for his client.

2001 — 2007: Realtor — Century 21 Licensed Realtor who successfully generated real estate sales with buyers or sellers, and fiduciary responsibility for all funds.

UpstreamTM represents the best opportunity for it to be placed with the care that our sellers and our fiduciary responsibility require.»

The two main concerns are your fiduciary responsibility to your client, the seller and your responsibility to your broker.

A licensee's fiduciary responsibility is to see that his / her seller, and the seller only, benefits from the listing salesperson's efforts that rightly ``... requires the skill and a commitment to help...» the seller, you know, that person who contracted with the licensee to work for him / her only on a one hundred percent basis.

When a home Seller is counselled to offer a lower than average amount of selling commission to a Cooperating Brokerage, are they being advised as to how this may possibly interact negatively with a prospective Buyer's «Buyer's Agency Contract», and if so, why would such a Seller agree to proceed as such — especially, if they've been made aware of any discounts that may apply to their List Price, later, as a result of extended market time?The aforesaid is fundamental to a fiduciary responsibility — yet, I believe that most Provincial Regulatory Authorities would be reluctant to prosecute such a negligent Registrant or Practitioner because the accused would hide behind the argument they were being wrongly persecuted for offering a «competitive business model»!

By keeping a listing in - house, even for a short time instead of placing it with the MLS or refusing to work with a cooperating agent, a broker isn't fulfilling his or her fiduciary responsibility to the seller.

Furthermore, a listing agent has a fiduciary responsibility to the seller.

You still have all the same basic duties when you are working with a seller — loyalty, honesty, accounting, confidentiality, obedience and fiduciary responsibility.

They work for the seller, by contract, and have a fiduciary responsibility to get the highest price possible for the home!

After all, as a sellers agent it is your fiduciary responsibility to get your seller client the best terms and conditions.

Impartiality is essential when dealing with clients and a Realtor's ability to place their client's needs first is impeded when the brokerage's fiduciary responsibilities are divided between buyers and sellers, or buyers and buyers.

Rich: Sure, first and foremost, a buffer between the agent who's at the open house who represents the seller and who has a fiduciary responsibility to the seller.

Working directly with the listing agent gets you closer to the decision maker and inherently creates an incentive for the listing agent to sell to you - they'll get BOTH sides of the commission (although they won't admit it, and they have a fiduciary responsibility to the seller, they're excited about the prospect).

These types of agents owe a fiduciary responsibility to the seller under a listing agreement and must protect that interest.