SELLING
A HOME
Thinking of selling your home, a piece of land, or even your business? Maybe
you are curious as to what your property is worth on today's market? I can help.
Every real estate is different and needs special attention to be marketed properly.
I have what it takes to present and discuss your options, give you feedback on
your questions and concerns, and ultimately to help you get the most from your
investment.
Take a look
at the ROYAL LEPAGE SELLERS GUIDE for
more info and tips to help with buying your home.
Seller's
Agent
When a real estate company is a "seller's agent," it must do what
is best for the seller of a property.
A written contract,
called a listing agreement, establishes seller agency. It also
explains services the company will provide, establishes a fee arrangement
for the Realtor's services and specifies what obligations a seller
may have.
A seller's agent
must tell the seller anything known about a buyer. For instance,
if a seller's agent knows a buyer is willing to offer more for
a property, that information must be shared with the seller.
Confidences
a seller shares with a seller's agent must be kept confidential
from potential buyers and others.
Although confidential
information about the seller cannot be discussed, a buyer working
with a seller's agent can expect fair and honest service from the
seller's agent and disclosure of pertinent information about the
property.
Dual Agency
Occasionally
a real estate company will be the agent of both the buyer and
the seller. The buyer and seller must consent to this arrangement
in their listing and buyer agency agreements. Under this "dual
agency" arrangement, the company must do what is best
for both the buyer and the seller.
Since the company's
loyalty is divided between the buyer and the seller who have conflicting
interests, it is absolutely essential that a dual agency relationship
be established in a written agency agreement. This agreement specifically
describes the rights and duties of everyone involved and any limitations
to those rights and duties.
This information was taken from a series of brochures prepared by the Ontario
Real Estate Association and is used with permission.
