Working with a REALTOR -- The Agency Relationship
Choosing how a REALTOR represents you is an important decision. Below is an outline which discusses client services and customer services. The choice is yours when you are a Buyer.
As a Seller you would sign a listing agreement and that means that you are receiving client services.
Questions???? anne@annescharf.com
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Do you want Client Service from YOUR Real Estate Salesperson? The Client is a party who contracts under a Buyer Representation Agreement for an Sales Representative to act on behalf of that party to assist with either the Purchase and/or Sale of a Real Estate transaction. What does Buyer Representation mean TO YOU? - Provide the Buyer with information on properties for sale and sources of financing. - Provide Buyer information on prices of sold homes in any given area, so we can advise you what to pay. - Prepare the Offer of Purchase. - Advise the Buyer what to offer as a price on the home. - Advise the Buyer on the terms to offer on the home. - Under a Buyer Representation Agreement the Salesperson shall promote and protect the best interests of the Salesperson’s Client. |
Do you want Customer Service from YOUR Real Estate Salesperson? The Customer is the party that receives Services from another party's Representative, i.e. Seller’s Representative where Sales Representative is representing the Seller in the transaction while providing customer service to the buyer. What does Buyer Customer Service mean TO YOU? - Provide the Buyer with information on properties for Sale and sources of Financing. - Provide the Buyer with information on prices of Sold homes in any given area, so you can make an informed decision on what to pay. - Prepare the Offer of Purchase - Under a Buyer Customer Service Agreement, the Salesperson owes fiduciary duties to a client (Seller), while treating a customer fairly, honestly and with integrity. |
