listing presentation to seller
DESCRIPTION
Kick start your career... learn to be a Customer Service ProfessionalTRANSCRIPT
Valerie Whiteman Broker in Charge, ABR, e-Pro, CCRE, RECS
DON’T MAKE A MOVE WITHOUT IT!
11-03
PLEASE DON’T SHARE ANY CONFIDENTIAL INFORMATION
WITH ME THAT YOU WOULDN’T WANT ME TO SHARE WITH ONE OF
OUR CLIENTS.
UNTIL YOU HIRE US
I AM A FULL TIME REAL ESTATE
PROFESSIONAL.
SELECTING YOUR REALTOR IS CRUCIAL
MARKET AWARENESS
• LICENSED SINCE 1998• CCAR Member• SCAR Member• REALTOR®• Past Board Member CCAR• Coach/Trainer
OUR MARKETING SYSTEM
A SYSTEMATIC UTILIZATION OF TOOLS AND PROGRAMS THAT MEET THE NEEDS OF OUR
SELLER CLIENTS.
YOUR GOALS / OUR GOALS
• AT THE BEST POSSIBLE PRICE
• WITH THE MOST FAVORABLE TERMS
• IN THE SHORTEST PERIOD OF TIME
• WITH THE LEAST INCONVENIENCE TO YOU
• IN THE BEST CONDITION POSSIBLE
TO SELL YOUR PROPERTY:
MANY COMPANIES USE THE FOUR “P” APPROACH
• PUT UP A SIGN
• PLACE AN AD IN THE PAPER
• PUT IT IN THE MLS
• PRAY SOMEONE WILL SELL IT
TO SELL YOUR PROPERTY THEY:
OUR MARKETING SYSTEM DOES MORE
• Also do the 4 “P’S” - PLUS
• Do a total market analysis
• Commit to a Marketing Plan
• Help you to prepare your home for sale
• Target specific markets for buyers
TO SELL YOUR PROPERTY WE:
AND MORE……
• Implement a promotional program
• Implement a pricing strategy
• Oversee all inquiries
• Utilize Pro-Active marketing activities
TO SELL YOUR PROPERTY WE:
AND MORE…..
• Use Internet Marketing
• Follow Up
• Access our “Pool of Buyers”
• GET THE JOB DONE
TO SELL YOUR PROPERTY WE:
THE MARKET
PRICE PREFERENCES / SINGLE FAMILY AND CONDOMINIUMS
0
20
40
60
80
100
120
140
160
180
<$40k <$80k <160k <$200k <$300k >$300k
% S/F%CONDO
MLS SALES
0100020003000400050006000700080009000
10000
93 94 95 96 97 98 99 0 1 2 3 4 5 6 7 8 9-Nov
S /FCONDO
MLS ACTIVE LISTINGS
0
1000
2000
3000
4000
5000
6000
93 94 95 96 97 98 99 0 1 2 9-Nov
S /FCONDO
MLS DAYS ON THE MARKET
0
50
100
150
200
250
93 94 95 96 97 98 99 0 1 2 9-Nov
S /FCONDO
MLS AVE. PRICE
0
20000
40000
60000
80000
100000
120000
140000
160000
180000
93 94 95 96 97 98 99 0 1 2
S /F
CONDO
MLS SP : LP RATIO
80828486889092949698
100
93 94 95 96 97 98 99 0 1 2 9-Nov
S /FCONDO
IF YOU ARE NOT GETTING THESE TOOLS AND PROGRAMS . . . YOU
ARE NOT GETTING OUR MARKETING SYSTEM . . . AND MAY
BE PAYING TOO MUCH FOR THE LIMITED EXPOSURE YOUR HOME
WILL GET!
YOU GET WHAT YOU PAY FOR !
MARKETING SUCCESS THROUGH PROPERTY EXPOSURE
NUMBER OF IMPRESSIONS
FREQUENCY
REACH
HOW WE GET EXPOSURE:
HELP CREATE OUR POOL OF BUYERS
MOBILIZING THE REAL ESTATE COMMUNITY
• ALL MEMBERS OF THE REAL ESTATE COMMUNITY ARE PART OF OUR MARKETING SYSTEM.
• 70% OF ALL “FOR SALE BY OWNERS” EVENTUALLY LIST WITH A REAL ESTATE COMPANY.
MARKETING SUCCESS THROUGH LOCAL EXPOSURE
• OUR “FOR SALE” SIGNS
• OUR SALES ASSOCIATES
• NEWSPAPER• HOME GUIDES• OTHER REAL
ESTATE COMPANIES
• OPEN HOUSES• DIRECT MAIL• PROJECT
REFERRALS• MLS• WEB SITES• E-MAILS
THE PURPOSE OF ADVERTISING
• CREATE A PROFESSIONAL IMAGE
• PROMOTE THE PRODUCT TO GET THE PHONE TO RING-RESEARCH SHOWS THAT ONLY ONE FAMILY IN 400 BUYS THE SPECIFIC HOME THEY CALL IN ON FROM ADS
• ADVERTISING ADDS TO OUR POOL OF BUYERS, BUT IT DOESN’T SELL A HOUSE. PEOPLE SELL HOUSES !
RELOCATION SERVICES.
WE CAN HELP YOU FIND INFORMATION
ON ANY CITY IN THE U.S. AND TIE YOU INTO
A REAL ESTATE COMPANY THAT WILL
HELP YOU IN YOUR DESTINATION AREA.
HOME INSPECTION
A HOME INPECTION CAN BE VERY VALUABLE. WE
WILL GO OVER THE DOCUMENTS, WHEN APPROPRIATE, AND
DISCUSS HOW IT AFFECTS THE
TRANSACTION.
SELLER DISCLOSURE LAW
OWNERS OF RESIDENTIAL REAL ESTATE ARE REQUIRED TO PROVIDE PURCHASER
A COMPLETED PROPERTY CONDITION DISCLOSURE STATEMENT PRIOR TO
SIGNING A CONTRACT OF SALE,
A HOME PROTECTION PLAN CAN HELP !
PROTECTS SELLER FROM LISTING TOCLOSING.
PROTECTS BUYERFOR ONE YEARFROM CLOSING
MARKETING SUCCESS THROUGH SELLER
INVOLVEMENT.TO MARKET A PROPERTY
EFFECTIVELY, WE NEED TO LEARN MORE ABOUT YOUR HOME, ITS
UNIQUE FEATURES AND APPEAL, THE LIFE-STYLE IT PROVIDES,
AND THE AREA.
PREPARING YOUR HOME FOR SALE.
• CLEAN
• COLOR
• CLUTTER
I’LL STAY IN TOUCH.
I’LL STAY IN TOUCH.
Sun Mon Tue Wed Thu Fri Sat
CO. OPEN HOUSE. ADS. R.E.+
CMA COMPLETE LISTING PRES. LISTING TAKEN E-MAILS SENT
DO ADS. DO FACT SHEET PAPERWORK DONE MLS
BUS. MEETING CARAVAN MAILINGS / FAX OFFICES
PROSPECT PREPARE MAILING FLOOR DUTY
TRAINING AM YARD SIGN PROSPECT
OPEN HOUSE CANVASS
OPEN HOUSES ADS. R.E. +
CALLS DIRECT MAIL E-MAIL CHECK LISTINGS
DO ADS. DO FACT SHEETS CALL OWNER
BUS. MEETING CARAVAN MAILINGS / FAX OFFICES
OFF TRAINING AM JUST LISTED CARD PROSPECT PREPARE MAILING
OPEN HOUSE CANVASS
OPEN HOUSES ADS. R.E. +
CALLS DIRECT MAIL E-MAIL CHECK LISTINGS
DO ADS. DO FACT SHEETS CALL OWNER FLOOR
BUS. MEETING CARAVAN MAILINGS / FAX OFFICES
OFF AD. FOR H & L AD. FOR R.E. BK. PROSPECT PREPARE MAILING
OPEN HOUSE CANVASS
OPEN HOUSES ADS. R.E. +
CALLS DIRECT MAIL E-MAIL CHECK LISTINGS
DO ADS. DO FACT SHEETS CALL OWNER PLAN NEXT MNTH.
BUS. MEETING CARAVAN MAILINGS / FAX OFFICES
OFF TRAINING AM PROSPECT PREPARE MAILING
OPEN HOUSE CANVASS
OPEN HOUSES ADS. R.E. +
CALLS DIRECT MAIL E-MAIL CHECK LISTINGS
END OF MONTH
MARKETING PLAN FOR ____________________
HOW SOON WILL IT SELL ?
PRICING, MERCHANDISING AND MARKETING ARE KEY.
INTERNET MARKETING
IN A RECENT NAR SURVEY, 95%OF HOMEBUYERS USED
THE INTERNET TO SEARCH FOR A HOME. 90% OF INTERNET
GROUP ALSO USED AN AGENT.
BUYERS SELECT HOMES BY “COMPARISON” SHOPPING.
MARKET ACTIVITY AND TIME.
TIME ON MARKET IN WEEKS
ACTIVITY
1 2 3 4 5 6 7 8 9 10 11 12 13 14
THE MARKETPLACE
MARKETING FACTORSWHO
CONTROLS
MARKET POSITION
SELLER
SALABILITY SELLER
MARKETING PROGRAMREAL ESTATE
CO.
VALUE BUYER
DON’T BUY TO SATISFY SELLER’S NEEDS……..
BUYERS BUY THE BEST VALUE……..
BUYERS
OUR POOL OF BUYERS
COME FROM:•MOVE UP MARKET•MOVE DOWN MARKET•RELOCATION-TRANSFEREE-RETIREE
•OTHER REAL ESTATE AGENTS•INTERNET
OVERPRICING :• REDUCES SALES ASSOCIATE’S
ACTIVITY
• LOSES INTERESTED BUYERS
• REDUCES ADVERTISING RESPONSE
• ATTRACTS WRONG PROSPECTS
• ELIMINATES OFFERS
• CAN LEAD TO MORTGAGE REJECTIONS
• HELPS SELL THE COMPETITION
WRONG PRICE ATTRACTS WRONG BUYERS
ASKING PRICE
$100,000
$ 85,000 MARKET VALUE
$100,000 BUYERS WON’T SEE THE VALUE OR MAKE OFFERS
(LOOKERS WON’T LIKE)
$85,000 BUYERS WON’T BE LOOKING IN THE HIGHER PRICE
RANGE
PRICE EXPOSURE PYRAMID*
MARKET VALUE-10%
-15%
+10%+15%
90%
75%
60%
30%
10%
ASKING PRICE TO MARKET VALUE% OF BUYERS WHO
LOOK
-EVEN AT MARKET VALUE WE WON’T HAVE 100% OF THE BUYERS !
-WHY USE YOUR HOME TO SELL THE OTHERS IN THE NEIGHBORHOOD ?
“IF YOU THINK IT IS EXPENSIVE TO HIRE A
PROFESSIONAL? -- -- -- WAIT UNTIL YOU HIRE AN
AMATEUR.”
FOOD FOR THOUGHT
OUR TRAINING MAKES A DIFFERENCE
FROM LISTING TO CLOSING
DEED APPRAISAL
MARKET VALUE
ARM FINANCING
SETTLEMENT STATEMENTLIENS
ATTORNEYS
INSPECTIONS
CONTRACTS
TITLE WORK
PRO-RATED
COSTS
CL 100 LETTER
CLOSING
POINTS
BUYER AGREEMENTS
DUAL AGENCY
LO
AN
C
OM
MIT
ME
NT
OWNER FINANCING
SCREENING BUYERS
POOL OF BUYERS
MERCHANDISING
SELLER DISCLOSURES
BUYER DISCLOSURES
CONDITION OF PROP. DISCLOSURE
MOLD
CLOSING COSTS
HORIZONTAL PROPERTY REGIME
QUALIFYING
POLICY REGARDING AGENCY
_______________WILL REPRESENT SELLERS IN THE SALE OF THEIR HOMES AND BUYERS IN THE PURCHASE OF A HOME. WE WILL ALSO PRACTICE, IF NECESSARY,
CONSENTUAL DUAL AGENCY OF AN IN-HOUSE LISTING. THIS TYPE OF RELATIONSHIP WILL ONLY EXIST AFTER MAKING FULL DISCLOSURE TO, AND OBTAINING THE
INFORMED CONSENT OF, ALL PARTIES TO THE TRANSACTION.
IT’S THE LAW !
• SELLER, BUYER, DUAL DESIGNATE OR SUBAGENCY ARE THE ONLY FORMS OF AGENCY ALLOWED IN S. C.
• I MUST BE ONE OF THESE.
IT’S THE LAW CONTINUED
• SELLER AND BUYER SHALL BE PROVIDED A COMPLETED AGENCY DISCLOSURE FORM AT THE TIME AN AGENCY AGREEMENT IS SIGNED
IF YOU CHOSE NOT TO HIRE US
YOU BECOME OUR CUSTOMER AND WE WOULD WORK FOR THE
BUYER
ONCE YOU HIRE US
YOU BECOME OUR CLIENT AND WE OWE YOU THE FOLLOWING
SELLER / CLIENT LEVEL OF SERVICE
DUTIES:• CONFIDENTIALITY
• LOYALTY*
• OBEDIENCE*
• REASONABLE CARE AND DILIGENCE
• ACCOUNTABILITY
• DISCLOSURE*
• HONESTY
• FAIRNESS
• MATERIAL FACTS
• REASONABLE SKILL
* limited in disclosed dual agency
BUYER / CUSTOMER LEVEL OF SERVICE
DUTIES:• HONESTY
• FAIRNESS
• REASONABLE SKILL
• ACCOUNTABILITY
• DISCLOSURE
• MATERIAL FACTS
DUAL AGENCY BENEFIT
• BECAUSE OUR COMPANY ALSO WORKS WITH BUYER CLIENTS, DUAL AGENCY ALLOWS OUR AGENTS TO SHOW AND SELL YOUR HOME TO ONE OF THEIR BUYER CLIENTS.
DUAL AGENCY CONTINUED
• SINCE THERE WOULD NOW BE TWO CLIENTS (YOU AND THE BUYER) INVOLVED IN THE TRANSACTION, WE CREATE A DUAL AGENCY SITUATION
DUAL AGENCY
• WE CANNOT DISCLOSE TO EITHER PARTY:
1. THE WILLINGNESS OR ABILITY OF THE BUYER TO OFFER MORE OR THE SELLER TO ACCEPT LESS.
DUAL AGENCY
• THE OTHER PARTIES NEGOTIATING STRATEGY
• THE CONFIDENTIALITY OF EITHER PARTY
• OR THE MOTIVATION OF THE BUYER OR SELLER
DUAL AGENCY CONTINUED
• DUAL AGENCY REQUIRES A SIGNED DISCLOSURE AND CONSENT TO DUAL AGENCY FORM SIGNED BY BOTH CLIENTS PRIOR TO THE TRANSACTION.
SUBAGENCY OPTION
A SUBAGENT IS A DESIGNATED BROKER AND ALL ASSOCIATED LICENSEES
ENGAGED BY A BROKER OF ANOTHER COMPANY TO ACT AS AGENT FOR THEIR CLIENT. A SUBAGENT OWES THE SAME DUTIES AND RESPONSIBILITIES TO THE
CLIENT AS THE CLIENT’S PRIMARY BROKER.
SUBAGENCY OPTION
•THIS ALLOWS AGENTS WHO HAVE BUYERS WHO WON’T ENTER INTO A CLIENT
RELATIONSHIP TO SHOW YOUR PROPERTY
•YOU HAVE LIABILITY FOR THESE AGENTS
EQUAL HOUSING OPPORTUNITY
THIS COMPANY PROHIBITS ANY AGENT OR STAFF MEMBER FROM DISCRIMINATING
AGAINST ANY PERSON IN THE PROVISION OF ANY OF THE COMPANY’S SERVICES ON THE
BASIS OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL
ORIGIN.
IS THIS A MARKETING PLAN THAT YOU FEEL WILL MEET
YOUR NEEDS?
LET’S GET STARTED!
TOM MAESER CRB, ABR, GRI, RECS
BUYER REPRESENTATION
DON.T MAKE A MOVE WITHOUT IT!
9-03
PLEASE DON’T SHARE ANY CONFIDENTIAL INFORMATION
WITH ME THAT YOU WOULDN’T WANT ME TO SHARE WITH ONE OF
OUR CLIENTS.
UNTIL YOU HIRE US
WHY USE AN ABR (ACCREDITED BUYER REPRESENTATIVE?)
• DESIGNATION REQUIRES 15 CLASS HOURS ON BUYER REP., PLUS TRACK RECORD.
• UP TO DATE ON EMERGING TRENDS.• MEMBER OF A NATIONAL REFERRAL
NETWORK.• ON GOING SPECIALIZED TRAINING FOR
BUYER BROKERAGE.• MEMBER REAL ESTATE BUYER’S AGENT
COUNCIL. DESIGNATION THROUGH THE NATIONAL ASSOCIATION OF REALTORS.
I AM A FULL TIME REAL ESTATE
PROFESSIONAL.
SELECTING YOUR REALTOR IS CRUCIAL
MARKET AWARENESS
• LICENSED SINCE 1976• PAST PRESIDENT CCAR• ACTIVE ON SCAR COMM.• HGTC FOUNDATION• “CAREER”: ADV. BOARD• CCAR PROF. STDS. CHAIR
YOUR GOALS / OUR GOALS - TO PURCHASE A HOME AT
• THE BEST POSSIBLE PRICE
• THE MOST FAVORABLE TERMS
• THE SHORTEST PERIOD OF TIME
• WITH THE LEAST INCONVENIENCE TO YOU
• IN THE BEST CONDITION POSSIBLE
HOW SOON WILL I FIND A PROPERTY ?
AGENCY DISCLOSURE, QUALIFYING, SELECTING PROPERTY, CONTRACT WRITING
AND NEGOTIATING ARE KEY.
PREQUALIFYING INFORMATION
• INCOME $________ SPOUSE INC. $______• LONG TERM DEBT $___________________• MUST SELL BEFORE BUYING? ___YES___NO• LISTED OR PENDING_________________• DOWN PAYMENT AVAILABLE $_________• EMPLOYER CONTRIBUTION? $_________• PREFERRED MONTHLY PAYMENT $______• ALREADY PREQUALIFIED___YES____NO
BY WHOM?_________________________
SOME QUESTIONS ?
• DO YOU PRESENTLY HAVE A HOME TO SELL IN ORDER TO BUY THIS ONE?
• HOW LONG HAVE YOU BEEN LOOKING?
• IS ANY OTHER PERSON INVOLVED WITH THIS DECISION?
• ARE YOU UNDER ANY AGENCY AGREEMENTS WITH ANY OTHER AGENCY?
• WHY ARE YOU WANTING TO MOVE?
• 85% RULE - OF WHAT YOU EXPECT.
• 100% RULE - WILLING TO PAY WHAT IT IS WORTH.
THE MARKET
THE MARKET
AS YOUR AGENT, I CAN DO A COMPETITIVE MARKET ANALYSIS FOR
YOU
PRICE PREFERENCES / SINGLE FAMILY AND CONDOMINIUMS
05
10
1520
25
3035
40
4550
<$40k <$80k <160k <$200k <$300k >$300k
% S/F
%CONDO
MLS SALES
0
500
1000
1500
2000
2500
3000
3500
93 94 95 96 97 98 99 0 1 2
S /F
CONDO
MLS ACTIVE LISTINGS
0
500
1000
1500
2000
2500
3000
3500
93 94 95 96 97 98 99 0 1 2
S /F
CONDO
MLS DAYS ON THE MARKET
0
50
100
150
200
250
93 94 95 96 97 98 99 0 1 2
S /F
CONDO
MLS AVE. PRICE
0
20000
40000
60000
80000
100000
120000
140000
160000
180000
93 94 95 96 97 98 99 0 1 2
S /F
CONDO
MLS SP : LP RATIO
888990919293949596979899
93 94 95 96 97 98 99 0 1 2
S /F
CONDO
BUYERS SELECT HOMES BY “COMPARISON” SHOPPING.
THE SELECTION PROCESS
• LESS THAN 2% OF THE AVAILABLE INVENTORY IS IN THE NEWSPAPER AT ANY GIVEN TIME
• WE CAN ACCESS ALL TYPES OF PROPERTY - FSBO, MLS, INTERNET, NEW HOMES, PROJECTS, CONDOS, MAGAZINES, ETC.
SUCCESS THROUGH EXPOSURE
• “FOR SALE” SIGNS• OTHER SALES
ASSOCIATES• NEWSPAPER• HOME GUIDES• OTHER REAL
ESTATE COMPANIES
• BUILDER MODELS
• OPEN HOUSES• DIRECT MAIL• PROJECT
REFERRALS• MLS• WEB SITES• COMMUNITY
CANVASSING
RELOCATION SERVICES.
WE CAN HELP YOU FIND INFORMATION
ON ANY CITY IN THE U.S. AND TIE
YOU INTO A REAL ESTATE COMPANY THAT WILL HELP
YOU IN YOUR DESTINATION
AREA.
HOME INSPECTION
A HOME INPECTION CAN BE VERY VALUABLE. WE
WILL GO OVER THE DOCUMENTS, WHEN APPROPRIATE, AND
DISCUSS HOW IT AFFECTS THE
TRANSACTION.
SELLER DISCLOSURE LAW
OWNERS OF RESIDENTIAL REAL ESTATE ARE REQUIRED TO PROVIDE PURCHASER
A COMPLETED PROPERTY CONDITION DISCLOSURE STATEMENT PRIOR TO
SIGNING A CONTRACT OF SALE,
A HOME PROTECTION PLAN?
PROTECTS SELLER FROM LISTING TOCLOSING.
PROTECTS BUYERFOR ONE YEARFROM CLOSING
OUR TRAINING MAKES A DIFFERENCE
I’LL STAY IN TOUCH
FROM LISTING TO CLOSING
DEED APPRAISAL
MARKET VALUE
ARM FINANCING
SETTLEMENT STATEMENTLIENS
ATTORNEYS
INSPECTIONS
CONTRACTS
TITLE WORK
PRO-RATED
COSTS
CL 100 LETTER
CLOSING
POINTS
BUYER AGREEMENTS
DUAL AGENCY
LO
AN
C
OM
MIT
ME
NT
OWNER FINANCING
SCREENING BUYERS
POOL OF BUYERS
MERCHANDISING
SELLER DISCLOSURES
BUYER DISCLOSURES
CONDITION OF PROP. DISCLOSURE
MOLD
CLOSING COSTS
HORIZONTAL PROPERTY REGIME
QUALIFYING
IF YOU THINK IT IS EXPENSIVE TO HIRE A
PROFESSIONAL? -- -- -- WAIT UNTIL YOU HIRE AN
AMATEUR.
FOOD FOR THOUGHT
POLICY REGARDING AGENCY
_______________WILL REPRESENT SELLERS IN THE SALE OF THEIR HOMES AND BUYERS IN THE PURCHASE OF A HOME. WE WILL ALSO
PRACTICE, IF NECESSARY, CONSENTUAL DUAL AGENCY OF AN IN-HOUSE LISTING. THIS TYPE OF RELATIONSHIP WILL ONLY EXIST AFTER
MAKING FULL DISCLOSURE TO, AND OBTAINING THE INFORMED CONSENT OF, ALL
PARTIES TO THE TRANSACTION.
IT’S THE LAW !
• SELLER, BUYER, DUAL OR SUBAGENCY ARE THE ONLY FORMS OF AGENCY ALLOWED IN S. C.
• I MUST BE ONE OF THESE.
IT’S THE LAW CONTINUED.
• BUYER - SHALL BE PROVIDED A COMPLETED AGENCY DISCLOSURE FORM AT THE FIRST SUBSTANTIVE CONTACT, WHICH IS THE EARLIER OF :
IT’S THE LAW CONTINUED.
1) PREQUALIFYING BY REQUESTING SPECIFIC FINANCIAL INFORMATION.
2) PRIOR TO SHOWING REAL ESTATE TO A PROSPECTIVE BUYER, OTHER THAN AN OPEN HOUSE.
IT’S THE LAW CONTINUED
• SELLER AND BUYER SHALL BE PROVIDED A COMPLETED AGENCY DISCLOSURE FORM AT THE TIME AN AGENCY AGREEMENT IS SIGNED
ONCE YOU HIRE US
YOU BECOME OUR CLIENT AND WE OWE YOU THE FOLLOWING
BUYER / CLIENT - LEVEL OF SERVICE
DUTIES:• CONFIDENTIALITY• LOYALTY*• OBEDIENCE*• REASONABLE CARE AND DILIGENCE• ACCOUNTABILITY• DISCLOSURE*• HONESTY• FAIRNESS• MATERIAL FACTS• REASONABLE SKILL* limited in disclosed dual agency
SELLER / CUSTOMER - LEVEL OF SERVICE
DUTIES:
• HONESTY• FAIRNESS• REASONABLE SKILL• ACCOUNTABILITY• DISCLOSURE• MATERIAL FACTS
WHEN YOU HIRE US
WE CAN STILL SHOW YOU HOMES WHERE THE SELLER IS ALSO
OUR CLIENT. WE DO THIS THROUGH DUAL AGENCY
DUAL AGENCY
• WE CANNOT DISCLOSE TO EITHER PARTY:
1. THE WILLINGNESS OR ABILITY OF THE BUYER TO OFFER MORE OR THE SELLER TO ACCEPT LESS.
DUAL AGENCY
• NEGOTIATING STRATEGY OF EITHER PARTY
• THE CONFIDENTIALITY OF EITHER PARTY
• OR THE MOTIVATION OF THE BUYER OR SELLER
DUAL AGENCY CONTINUED
• DUAL AGENCY REQUIRES A SIGNED DISCLOSURE AND CONSENT TO DUAL AGENCY FORM SIGNED BY BOTH CLIENTS PRIOR TO THE TRANSACTION.
IF YOU CHOSE NOT TO HIRE US
YOU BECOME OUR CUSTOMER AND WE WOULD WORK FOR THE
SELLER
SUBAGENCY OPTION
A SUBAGENT IS A DESIGNATED BROKER AND ALL ASSOCIATED LICENSEES
ENGAGED BY A BROKER OF ANOTHER COMPANY TO ACT AS AGENT FOR THEIR CLIENT. A SUBAGENT OWES THE SAME DUTIES AND RESPONSIBILITIES TO THE
CLIENT AS THE CLIENT’S PRIMARY BROKER.
BUYER / CUSTOMER - LEVEL OF SERVICE
DUTIES:
• HONESTY• FAIRNESS• REASONABLE SKILL• ACCOUNTABILITY• DISCLOSURE• MATERIAL FACTS
SELLER / CLIENT - LEVEL OF SERVICE
DUTIES:• CONFIDENTIALITY• LOYALTY*• OBEDIENCE*• REASONABLE CARE AND DILIGENCE• ACCOUNTABILITY• DISCLOSURE*• HONESTY• FAIRNESS• MATERIAL FACTS• REASONABLE SKILL* limited in disclosed dual agency
WHICH DO YOU PREFER?
CUSTOMER LEVEL OF SERVICE:
• NO REPRESENTATION
• EXPLANATION OF AGENCY
• EXPLANATION OF LIMITED SERVICES
• FAIRNESS, HONESTY, ACCURATE INFORMATION
OR?
CLIENT LEVEL OF SERVICE:• ALL FIDUCIARY DUTIES• EXPLANATION OF AGENCY• NEGOTIATING• MARKET ANALYSIS• FAIRNESS, HONESTY, ACCURATE
INFORMATION• ALL SERVICES SPELLED OUT IN
AN AGREEMENT
EQUAL HOUSING OPPORTUNITY :
THIS COMPANY PROHIBITS ANY AGENT OR STAFF MEMBER FROM DISCRIMINATING
AGAINST ANY PERSON IN THE PROVISION OF ANY OF THE COMPANY’S SERVICES ON THE
BASIS OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL
ORIGIN.
BUYERS DECISION
THE HOME YOU LOOKED AT TODAY - AND WANT TO THINK ABOUT UNTIL TOMORROW. . .
IS THE HOME SOMEONE ELSE SAW YESTERDAY. . . AND WILL BUY
TODAY.
Valerie Whiteman Broker in Charge, ABR, e-Pro, CCRE, RECS
DON’T MAKE A MOVE WITHOUT IT!
11-03
IS THIS A PROGRAM THAT YOU FEEL WILL MEET YOUR
NEEDS?
LET’S GET STARTED!