LET'S EXPLORE THE OPTIONS AVAILABLE TO YOU
UNDERSTANDING REAL ESTATE REPRESENTATION
SELLER AGENCY (LISTING AGENT) Role: Represent the seller in marketing and selling their property. Why you need one: To maximize property value, attract qualified buyers, and handle the complexities of the selling process. Compensation: Typically, a commission is negotiated between the seller and the listing agent. BUYER AGENCY (BUYER'S AGENT) Role: Represent the buyer when finding and purchasing a property. Why you need one: To advocate for your interests, negotiate the best price and terms, and provide expert guidance. Compensation: Typically negotiated between the buyer and buyer's agent and may be paid by the seller through the listing agent's commission. DUAL AGENCY Role: Represent both the buyer and seller in the same transaction. Why it's used: When both parties agree and understand the potential conflicts of interest. Compensation: Typically split between the buyer and seller, but the specific arrangement should be clearly outlined and agreed upon by both parties. DESIGNATED AGENCY Role: One agent represents the buyer, and another agent from the same brokerage represents the seller. Why it's used: To mitigate potential conflicts of interest in dual agency situations. Compensation: Similar to dual agency, split between buyer and seller, but with clear designation of who represents which party. In real estate, having a licensed professional or agent represent your interests during a property transaction is crucial. Agents play distinct roles tailored to serve different client needs. It's essential to understand these different roles and discuss compensation arrangements with your agent upfront to ensure clarity and transparency. I am committed to providing clear and transparent representation. Contact me to discuss your specific needs.
Made with FlippingBook - Online Brochure Maker