AGENT'S RESPONSIBILITIES
1. We can help you determine your buying power -- that is, your financial reserves plus your borrowing capacity. If you give us some basic information about your available savings, income and current debt, I can refer you to our in house lenders best qualified to help you. Most lenders -- banks and mortgage companies -- offer limited choices.
We have many resources to assist you in your business or property search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by a professional local experts to find all available properties.
3. We can assist you in the selection process by providing objective information about each business or property. I have access to a variety of informational resources and provide local community information on utilities, zoning. schools, etc. There are two things you'll want to know. First, will the property provide the environment you want for a home or investment? Second, will the property have resale value when you are ready to sell?
4. We can help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. We can advise you as to which investigations and inspections are recommended or required.
5. We will provide due diligence during the evaluation of the business or property. Depending on the area and business or property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. I can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Broker, title company or attorney can help you resolve issues that might cause problems at a later date.
6. We can help you in understanding different financing options and in identifying qualified lenders.
7. We can guide you through the closing process and make sure everything flows together smoothly.
8. When selling your business or property, We can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your business or property sold at the best price, quickly and with minimum hassle.
9. We will market your business or property to other real estate agents and the public. Often, We can recommend repairs or cosmetic work that will significantly enhance the salability of your business or property. We market your business or property to other real estate agents and the public. In many markets across the country, over 50% of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer. I act as the marketing coordinator, disbursing information about your business or property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. Realtors code of Ethics requires us to utilize these cooperative relationships when they benefit my clients.
10. We will know when, where and how to advertise your business or property. There is a misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. When a business or property is marketed with the help of from us, you do not have to allow strangers into your business or home. We will generally prescreen and accompany qualified prospects through your business or property.
11. We can help you objectively evaluate every buyer's proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections and financing -- a lot of possible pitfalls. We can help you write a legally binding, win-win agreement that will be more likely to make it through the process.
12. We can help close the sale of your business or property. Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. We are the best people to objectively help you resolve these issues and move the transaction to closing (or settlement).
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3. We can assist you in the selection process by providing objective information about each business or property. I have access to a variety of informational resources and provide local community information on utilities, zoning. schools, etc. There are two things you'll want to know. First, will the property provide the environment you want for a home or investment? Second, will the property have resale value when you are ready to sell? 4. We can help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. We can advise you as to which investigations and inspections are recommended or required. 5. We will provide due diligence during the evaluation of the business or property. Depending on the area and business or property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. I can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Broker, title company or attorney can help you resolve issues that might cause problems at a later date. 6. We can help you in understanding different financing options and in identifying qualified lenders. 7. We can guide you through the closing process and make sure everything flows together smoothly. 8. When selling your business or property, We can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your business or property sold at the best price, quickly and with minimum hassle. 9. We will market your business or property to other real estate agents and the public. Often, We can recommend repairs or cosmetic work that will significantly enhance the salability of your business or property. We market your business or property to other real estate agents and the public. In many markets across the country, over 50% of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer. I act as the marketing coordinator, disbursing information about your business or property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. Realtors code of Ethics requires us to utilize these cooperative relationships when they benefit my clients. 10. We will know when, where and how to advertise your business or property. There is a misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. When a business or property is marketed with the help of from us, you do not have to allow strangers into your business or home. We will generally prescreen and accompany qualified prospects through your business or property. 11. We can help you objectively evaluate every buyer's proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections and financing -- a lot of possible pitfalls. We can help you write a legally binding, win-win agreement that will be more likely to make it through the process.
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