Things Real Estate Agent Need To Know Acworth GA

Real estate agents would say that the more you tell them, the better they can negotiate on your behalf. However, the degree of trust you have with an agent may depend upon their legal obligation.

Local Companies

Metrobrokers/GMAC
404 843 2500
3600 Dallas Highway suite 100
Marietta, GA
Mimms Enterprises
770-518-2200
780 Old Roswell Road
Roswell, GA
Giraldi Real Estate Services
770-361-8659
617 Trotter Way
Canton, GA
Honest Ernest Buys Houses
(770) 529-6108
5010 Maryland Dr NW
Acworth, GA
Hodo Rd & Associates Inc
(770) 529-0373
5102 Waldenbrooke Ct NW
Acworth, GA
America's Real Estate Associates Inc
(770) 591-5552
6199 Highway 92
Acworth, GA
Red Top Realty Inc
(770) 975-1100
94 Silvercrest Dr
Acworth, GA
Bennett Properties Inc
(770) 924-1079
1813 Dearborn Dr
Acworth, GA
Kenneth G Horton Realty
(770) 966-8640
116 Estates Dr
Acworth, GA
Realty Specialists West
(770) 974-7880
3734 Cedarcrest Rd
Acworth, GA

Some states require agents to disclose all possible agency relationships before they enter into a residential real estate transaction. Here is a summary of the three basic types:

1. In a traditional relationship, real estate agents and brokers have a fiduciary relationship to the seller. Be aware that the seller pays the commission of both brokers, not just the one who lists and shows the property, but also to the sub-broker, who brings the ready, willing and able buyer to the table. It most cases you will have 2 broker’s splitting the commission.

Dual agency exists if two agents working for the same broker represent the buyer and seller in a transaction. A potential conflict of interest is created if the listing agent has advance knowledge of another buyer's offer. Therefore, the law states that a dual agent shall not disclose to the buyer that the seller will accept less than the list price, or disclose to the seller that the buyer will pay more than the offer price, without express written permission. Many times it makes sense to “assign” someone in your office one side of the transaction, thus assures there is no conflict of interest.

A buyer also can hire his or her own agent who will represent the buyer's interests exclusively. Sometimes a buyer's agent must be paid out of the buyer's own pocket but the buyer can trust them with financial information, knowing it will not be transmitted to the other broker and ultimately to the seller. More often the seller pays both the selling broker and the buyer’s broker.

About the Author:

Christine Hancock began her real estate career proving herself a top producer on a new high rise development. This experience gave her valuable knowledge of construction as well as the buying process and resulted in 4-million dollars in sales during her first year.

www.getanewhome.net

chris@getanewhome.net


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Featured Local Company

Metrobrokers/GMAC

404 843 2500
3600 Dallas Highway suite 100
Marietta, GA
buyageorgiahome.com

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2Nd Annual Real Estate Industry Day
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Decatur, GA
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