Definitions of the different relationship that a New Jersey Real Estate Agent can have with a client?
1. Seller's Agent: Represent the seller and all material information supplied to the agent by the buyer will be told to the seller.
2. Buyer's Agent: Represent the buyer and all material information supplied to the agent by the seller will be told to the buyer.
3. Disclosed Dual Agent: Represents both parties, however, may not, without express permission, disclose that the seller will accept a price less than the listing price OR that the buyer will pay a price greater than the offered price.
4. Transaction Broker: Agent DOES NOT represent either the buyer or the seller. All information acquired from one party may be told to the other party.
When choosing which real estate agent you are going to work with, what qualities should you look for?
Knowledge, Communication, and Follow-through are the key characteristics I've found indicate a successful relationship and smooth closing to any transaction!
The real estate market is an ever-changing industry, so "years in the business" will only account for so much when confronted with issues in today's market. With technology advancing and consumers becoming more knowledgeable in the process, the need for an agent to continuously stay current with all that's available will not only help you, the consumer, but can also strengthen the skills and abilities of an entire agency.
As a REALTOR, I take pride in educating my clients by providing useful tools and making myself available to answer questions on various internet sites. Whether you're interested in selling your home within the next year, or buying a home in the next 6 months, I look forward to assisting you every step of the way!
Please feel free to contact me with any questions you may have about choosing a local REALTOR or about the home buying process.
Stay tuned for more topics about F.A.Q. consumers have about the real estate industry!