Greenleaf Realty 1803 Whites Road Kalamazoo, MI 49008 (269) 372-4400 Office (269) 372-4411 Fax Open Monday - Friday 8:00 a.m. - 12:00 p.m. 1:00 p.m. - 5:00 p.m. |
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Before you disclose confidential information to a real
estate licensee regarding a real estate transaction you should understand
what type of agency relationship you have with that licensee. As of January 1, 1994, Michigan law requires real estate
licensees who are acting as agents of sellers or buyers of real property
to disclose the potential sellers or buyers with whom they work of the
nature of their agency relationship. A broker or salesperson may function in any of the following capacities: Seller's Agent
Buyer's Agent
Dual Agent In such a dual agency situation, the licensee will not be able to disclose all known information to either the seller or the buyer. As a dual agent, the licensee will not be able to provide the full range of fiduciary duties to the seller or the buyer. The obligations of a dual agent are subject to any specific provisions set forth in any agreement between the dual agent, the seller and the buyer.
Transaction Coordinator The transaction coordinator is not an agent for either party and therefore owes no fiduciary duty to either party. The transactional coordinator is not the advocate of either party end therefore has no obligation to negotiate" for either party.
Designated Agency Click below to view the
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ADOBE ACROBAT READER
OK--now you know what
a Realtor can do for you...but why should you consider
retaining a Realtor for your buying or selling needs? Read on... “WHAT SERVICES DOES A Realtor PROVIDE?” Homeowners sometimes wonder if they would be
dollars ahead by selling their house themselves and saving the fees that
are paid to a Realtor. People with a sales background in some other field
are particularly tempted to do it on their own. Twenty years ago, when
things were much simpler, some people did have success selling their house
themselves. Today, we face a much more complicated world in every endeavor
including home sales. Here are some of the services that a Realtor provides: PRICING KNOWLEDGE
It is not easy to determine the proper asking
price. Realtors now have computer terminals in their offices that notify
them of new listings, recent sales, and price changes as they occur. This
vital information reflects the current market in your area is it really
is. After making many comparisons between your home and like properties,
your Realtor can recommend an asking price that is competitive with
similar homes on the market. After the house is listed, periodic checks
can be made into the computer system to assure you that your price does
keep pace with ever-changing market conditions. MARKETING EXPERIENCE
Because the sale of your home profoundly affects
your financial well being, it is no undertaking for an amateur. It is best
to get the help and advice of someone who is working I the real estate
business everyday. Realtors also possess selling tools not available to
the average homeowner. These include membership in a multiple listing
service, large advertising budgets, access to the transferee through
referral organizations and corporate relocation departments and home
financing expertise used to qualify buyers. NEGOTIATING AND CLOSING ASSISTANCE
Handling an offer and
counter-offer require the right touch. This is only learned through
experience. Once the offer is signed and accepted, the job is still not
complete. Now, the sale must be guided through numerous closing procedures
that involve financing, inspections, conditions, legalities, and a myriad
of details. OUR ADVICE: Get the best price for your home by using the services of a Realtor.
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Please inform me of your Open Houses!
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