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"You did a GREAT job!"
"Thank you for all your work with us and our house sale. We are glad we had you guys to get us through that. Again, thank you for all your hard work, your care of Ziggy [Dog], your care of us. You did a GREAT job!"
"Richard and Katy Goldberg"
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Working With An Agent >An Agents Role
Recent reforms in the disclosure laws and real estate practices around the country have resulted in new options for buyers and sellers. Real estate agents can take different roles with buyers and sellers.
A seller's agent works with loyalty and fidelity as the seller's advocate and negotiator, and is obligated to disclose to potential buyers all adverse material facts that are known about the property.
A buyer's agent works exclusively to negotiate the lowest purchase price and best terms for the buyer. This agent serves the buyer with undivided loyalty, confidentiality, and full disclosure. The agent would know the highest price that the buyer would be willing to offer for a home, but could not disclose that information to the seller.
A dual agent can work for both the buyer and the seller by written, informed consent of both parties and has fiduciary obligations to both. The agent can only disclose to one party what the other party allows to be revealed.
A transaction broker assists the buyer or seller or both throughout a real estate transaction without being an agent or advocate for any of the parties.
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| Q |
What was the first territorial acquisition made by the U.S. Government?
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| A |
The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%. |
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