TERM OF USE
In real estate transactions, and show casing the home from the website is free but we are a licensed real estate agency and if we bring the buy to either the FSBO or the listed property off the MLS a commission of 3% is contracted.
Below is some additional information on a real estate transaction: . If the real estate agent is representing a buyer in a property transaction, he or she has a duty to disclose information such as: Whether the seller is willing to accept a lower offer. Facts or data describing the urgency of the seller’s need to complete the sale. Whether the broker has any interest in the property being sold or any personal relationship to the seller. Figures and estimates of the value of the property. How long the property has been on the market. Updates on any current offers and counteroffers that have been placed on the property. Any other important information that would allow the buyer to finalize the sale at the lowest price and at terms that are most favorable to the?@buyer. Similarly, if the agent or broker is representing the seller in the transaction, he or she has a duty to fully disclose such information as: Whether or not the buyer would be willing to pay more for the property than what the buyer offered. Facts or data related to the buyer’s urgency in obtaining the property. Whether the broker had any previous or existing personal relationships to the buyer. Data related to the buyer’s financial ability to complete the purchase. Any other figures or estimates that would affect the seller’s power to complete the sale at the highest price and at terms that are most favorable to the seller. .
As a real estate broker may be interacting with both the buyer and seller in a transaction, it is possible for a broker to be held liable to both buyer and seller in the event of a violation.
As a real estate broker may be interacting with both the buyer and seller in a transaction, it is possible for a broker to be held liable to both buyer and seller in the event of a violation. In this case it may still be necessary for the buyer and seller to be represented by different lawyers, especially if there are conflicts of interest between the various parties.
Terms of use and Policy
In the real estate transactions, and show casing the home from the website is free but we are licensed real estate agnecy at 3% Commission for the Sale of the home is contacted if we bring the buyer.