What is Full Representation? What does that mean?

Full representation is we are representing your best interestThe cost you pay to borrow money. It is the payment you make to a lender for the money it has loaned to you. Interest is usually expressed as a percentage of the amount borrowed…. and acting on your behalf with a buyer or seller and their representatives. Your listingAn agreement of which a property is marketed through a service or association composed of several agents with fees and a commission from the sale of a property shared between the selling broker and the listing broker…. agreement and buyer’s representation agreement defines these duties. With our Buyer RebateReal estate rebates are incentives to attract clients. Used mostly with residential buyers, real estate rebates are a marketing tool to attract buyers to a brokerage. A portion of the commission offered by the seller’s broker to the agent representing the buyer is credited (rebated) to the buyer at or after closing. The payment of the rebate is subject to the… and Full Service MLS listing, we handle contract negotiations for you with your full understanding and approval of what we say. 

That means we operate with full transparency between ourselves and our clients. Beyond finding homes to buy or buyers to purchase, our duty is  to help you understand the terms and obligations, timing, cost, and best options in a contract and negotiate on your behalf with your full knowledge and agreement. Full representation does not mean you give us the authority to make decisions big or small on your behalf. We present all offers and counter-offers fairly and with your best interest in mind and disclose all material information. We are not allowed to act as attorneys to create new terms and conditions. We are duty-bound to disclose property defects to all parties in a transactionApplies to any business dealing. In real estate, it is an instance of exchanging ownership of a property. …. 

As your buyer’s brokerA person or firm that acts as an agent between providers and users of products or services, such as a mortgage broker or real estate broker. See also “Mortgage Broker.”…, we have the duty to find a house that’s “right” for you, negotiate the best price for you, and disclose anything negative found about any property to you with no duty to the seller. Our objective is to get you a good deal on the right property.

As your seller’s broker, we have the duty to market your house as broadly as possible, disclose and present all offers, and have no duty to the buyer other than disclosure of known defects. Our objective is to act honestly and fairly and get you the best deal that will close.

In all cases, we never represent both sides of a transaction unless you have expressly invited us to do so and only when an unusual situation arises. We strive for long-term, high trust relationships to become recommended by you to your family and friends. Our services put your needs first, minimize conflicts of interest,  and disclose any adverse situations that might come to exist.

To become our client, you acknowledge information in the form “Information About Brokerage Services”. We present this document at our first meeting and explains the various potential roles of agents and brokersA person or firm that acts as an agent between providers and users of products or services, such as a mortgage broker or real estate broker. See also “Mortgage Broker.”… in a transaction. The intent is making sure you know the role of whom you are dealing with and those that they are protecting.