Just as you need a doctor lawyer plumber You need a Real Estate Professional for your real estate Needs. You need to know you have someone you can call and count on.
In my relationship or Agency with you I have the authority, licence and specialized training to represent you in Real Estate transactions.
So what is Agency?
AGENCY is established when two parties agree to have one party act on behalf of the other
You expect Service and Loyalty from other professionals as does your real estate Professional.
If you are not in Agency or don’t have a professional working for you yet. You need to find someone that works for you. When you do choose a REALTOR® such as myself and there is agreement with that person. Simply tell the person you wish to work with them and inform others ie "I have a REALTOR® her name is Michele."
There are different types of relationships in real estate. A clearly defined service agreement is best. They spell out expectations and roles. Professionals want to serve you efficiently.These agreements help to do that.
The agency relationship exists between the client [buyer or seller] and the associate or REALTOR® , including its broker .
Brokerage service agreements describe in detail the duties of each party so buyers and sellers are fully informed . They are incredibly helpful at providing clarity of duties of all the parties involved.
AGENCY DUTIES
When we embark in a Client / Realtor relationship Where we have agreed I will represent you for your real estate needs and transactions we enter the Agency relationship and I have the following fiduciary duties to you:
LOYALTY
The agent protects the client negotiating position at all times, and disclose all known facts which may affect or influence your decision
OBEDIANCE
The agent obeys all lawful intructions by client
CONFIDENTIALITY
The agent keeps obligation to your confidences
REASONABLE CARE AND SKILL
The agent does their due diligence take reasonable care and skill to perform all your real estate duties
FULL DISCLOSURE
The agent provides all known information that might affect the value of the property
FULL ACCOUNTING
The agent provides disclosure for all the money and property placed in my hands while acting for you the client
You are entitled to competent service from your Realtor
As liscensed professionals, real estate industry members are further bound by obligations set out in the Real Estate Act and It’s Rules.
THE CLIENT buyer or seller, as well , has duties toward the Associate or REALTOR®
- provide fiancial preapproval or request for assistance doing so
- act in good faith with service agreement
- disclose matters that could affect the transaction
- Seek other professional’s advice as lawyers, accountants and inspectors where applicable
TYPES OF AGENCY RELATIONSHIPS there are different kinds
SOLE AGENCY
DUAL AGENCY which I will explain to you
Agents are bound by ethics and law to be honest and thorough in every real estate transaction.
My business is built on referrals. I embrace your your referrals. I protect and promote your real estate business to the highest standards absolutely nothing less. I want the very best for you . I want a good relationship with you so you will tell your friends, family and business associates I’d sell with Michele ..
Keeping you informed.
"Its about your real estate transaction. It’s about you. "
Your Realtor®
Michele