help you set a budget, provide some insight on the current conditions of the market, and explain what you should expect while shopping for a home. During the shopping period, you’ll meet with your agent for tours of homes in which you might be interested. They will provide you with insight into the floor plans, the home’s key selling points, and the overall crime rate of that neighborhood. They will also provide you with a rundown of local activities, restaurants, shopping centers, and schools in the area. Your agent is responsible for ensuring that inspections of the homes and the disclosures therein are complete. They’re also responsible for ensuring coordination and completion through the roof inspector, lawyers, lenders, and all other professionals involved in purchasing the home. If bargains are needed over the price, you won’t have to negotiate. Your buyer’s agent will do that for you and sign the final closing documents. They will be present whenever there are documents to go through and sign.
DUAL AGENCY: THE BASICS
In multiple instances, this is illegal due to the potential conflicts of interest that can arise regarding the broker. All agents are responsible for informing their clients of all possible risks associated with conflicts of interest. Legally, agents are prohibited from working on both sides of any transaction. It is only permitted in rare cases, with full disclosure to clients and their consent. Regarding dual agency, there are definite advantages for the seller. · Trust has already been gained with your listing agent, so representation for the buyer has been established. · Your agent brought you the buyer, knowing that you’re selling, even if your property has not yet hit the market. · Your listing agent will have already covered and researched
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