Claims about irresponsible builders, shoddy homes, incompetent contractors, and real estate practitioners who surreptitiously
work on behalf of sellers were the subject of two recent national broadcast reports that made many in the industry cringe.
HFF
worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high - rise with 213 units and ground - floor retail space.
Avison Young's Florida Capital Markets Group
worked on behalf of the seller in the disposition of Weston Commerce Center and Chase Building.
Some real estate agents don't think they need to tell the home buyer about something like an illegal home addition or conversion, or the fact that the agent is really
working on behalf of the seller and not the buyer.
Attorney Peter Desiderio with Stearns Weaver Miller Weissler Alhadeff & Sitterson also
worked on behalf of the sellers, while attorney Neil Rollnick, partner with Transactions Group of Hinshaw & Culbertson LLC, represented the buyer.
In the second transaction, Marcus & Millichap
worked on behalf of the seller, a private investor, in the disposition of 378 Lewis Ave., an eight - unit apartment property.
At the time the would - be purchaser contacted the licensee, the licensee had already been
working on behalf of the seller to find a buyer.
- ft. O'Reilly's Auto Parts located at 3082 North Henry Street in Muskegon, Mich.,
working on behalf of the seller, a private...
Now they have blown it to bits by allowing our coveted MLS system to be infiltrated with unlicensed individuals and companies who are holding themselves out to be
working on behalf of the Sellers and Buyers.
Cushman & Wakefield
worked on behalf of the seller and the buyer in the transaction.
CREC Vice President Andrew Remick and Aztec Group Managing Director Peter Mekras
worked on behalf of seller CPAC in the transaction.
Not exact matches
My concern is, many Realtors are just trying to make a living wage right now, there have got to be just as many Lawyers out there looking for the next great opportunity... I really believe it is going to be the unfortunate Realtors that regardless
of how well (or poorly) they performed
on the short sale, that are going to get sued because the
Seller will have get some sort
of financial demand down the road and will have long forgotten all
of the hard
work and disclosing the Realtor did
on their
behalf during the short sale process.
He has now assembled a high calibre team
of real estate professionals to
work on behalf of buyers, purchasing their desired properties, and
sellers looking to free up their capital quickly, and for the best price.
Whether it is showing my Buyers dozens
of homes, writing letters
on their
behalf and door knocking in a desired neighborhood to identify potential homes not yet
on the market, or putting my staging inventory to
work to prep
Sellers» homes for a faster and more valuable sale, I go above and beyond for my clients — and enjoy doing so.
This type
of error can create issues between the brokerage and the client, in this case a
seller, as the brokerage did not have written authority to represent the
seller on June 3rd and 4th and may have completed
work on their
behalf (i.e. listed property
on MLS ®, erected a sign
on the lawn, etc.).
My concern is, many Realtors are just trying to make a living wage right now, there have got to be just as many Lawyers out there looking for the next great opportunity... I really believe it is going to be the unfortunate Realtors that regardless
of how well (or poorly) they performed
on the short sale, that are going to get sued because the
Seller will have get some sort
of financial demand down the road and will have long forgotten all
of the hard
work and disclosing the Realtor did
on their
behalf during the short sale process.
If the
seller has an agent
working on their
behalf though, that agent brings not only the impartiality
of an outside perspective, but also the highly developed skill
of negotiation with even the toughest negotiating professional.
If operating under brokerage agency, this conflict exists either when two different licensees engaged by the listing brokerage
work with the
seller and the buyer respectively, or when one licensee (or a team
of licensees) engaged by the listing brokerage to act
on behalf of the
seller / landlord is the same licensee (or team
of licensees) who brings the buyer / tenant to the trade, i.e. a double - ender).
Normally an appraisal will need to be performed
on behalf of the lender, by an appraiser
working closely with
sellers, brokers and agents.
A Wellington Short sale agent is
working on behalf of the homeowner or investor / short sale
seller.
«We're
working on behalf of home buyers and
sellers across the country who have been affected by the reduced loan limits,» said Veissi.
I say «should» because let's face it if you have been
working for a
Seller, been in their home and know the names
of family members it is difficult not to advise and negotiate
on their
behalf just because the Buyer is also represented by the same office.