Who is seller agent

A lot of legal paperwork is involved in a home sale, and it needs to be completed correctly by an expert. A seller can be held liable for fraud, negligence, or breach of contract if they do not disclose properly. If you fail to disclose a hazard, nuisance, or defect—and the buyer comes back to you after having moved in and found a problem—the buyer could sue you. Agents can make mistakes, too, but they have professional errors and omissions insurance to protect themselves and give the buyer recourse, so the buyer may not need to pursue the seller for damages.

You can try to do it alone to save money, but hiring an agent has many advantages. Agents can get broader exposure for your property, help you negotiate a better deal, dedicate more time to your sale, and prevent your emotions from sabotaging it. An agent brings expertise, which few FSBO sellers have, to a complex transaction with many potential financial and legal pitfalls.

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Alternative Investments Real Estate Investing. Develop marketing materials and a professional website with a virtual tour using the professional photographs and often a video tour.

Host open houses and private tours of the home. Ensure buyers are pre-approved for a loan. Attend home inspection and appraisal tours. Assist in solving any title issues. Assist in coordinating communication between the title officer, seller, and buyer so that there are no surprises at the closing table.

Finalize loose ends before closing. Assist with the closing process by making sure seller has the correct documents and understands what they say. Ensure the correct signatures are in the right places. Earn between a 2. Make appointments to tour homes and drive buyers to these appointments. Advise buyers on the resale potential of the home. For a property transaction to go smoothly, both a listing agent and a selling agent are required. They act as mediators between the seller and the buyer to ensure both parties are happy after the transaction has been completed.

Although the agents may work for separate real estate firms, they must work together to ensure both the buyer and the seller benefits from the sale. On average, an agent spends nine hours working on a real estate case behind the scenes for every one hour spent with the client. In some cases, a single agent may assist both the Buyer and Seller in a transaction; in Colorado, this is called a Transaction Broker.

In most cases, the real estate firm employs both types of agents to allow the company to help in multiple ways. This allows property owners looking to sell their current property and purchase a new one to work with a single firm to buy and sell. Whether you are looking for a listing agent, selling agent, or both, Unique Properties can provide you with a realtor that can meet your individual needs.

Our agents are experts in marketing properties, so they sell quickly and have a breadth of knowledge and experience sourcing properties for Buyers. Contact us today to discuss your needs and let us help you complete a property transaction quickly and efficiently. Your Name required. Your Email required. Your Phone. Receive Market Data and Listings before everyone else?