.
between for-sale-by-owners & traditional real estate ! As of July 1, 2007 Virginia Law enacted “limited service agency” as a viable choice for ..... You should not assume that any real estate
Our system bridges the gap
home sellers.
Real Estate Brokers, if they choose, may now offer “un-bundled” services.
Another words, instead of paying a traditional 5%, 6% or more commission for
an all-or-nothing marketing plan –
brokers can elect to offer a “menu” of service options.
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" I thought the Agent showing me the home was my agent" .......
broker or salesperson represents you unless you agree to engage in an authorized brokerage relationship.
Be advised not to disclose any information you want held in confidence until you decide on representation.
Read below to understand the different types of Agency relationships in Virginia.
Contact Us at Choice Real Estate Services, Inc. with any questions you may have about Buying or Selling
real estate.
Representation in Virginia - Who represents Whom ?
In Virginia, a real estate company and it's agents may represent the Seller, the Buyer, or both the Seller and Buyer.
The type of representation relationship must be disclosed to all customers.
Customer or Client ?
A real estate agent represents his Client's best interests as outlined in a written agreement.
Without this agreement, the party is a customer.
Agents must be truthful with all parties and must disclose to customers known adverse material facts about
the condition of the property.
Seller Agent
With a signed agreement stating the real estate agent is representing the Seller, the agent's duty and goal is to seek a
transaction on terms most favorable to his Seller client.
The seller agent is to guard the Seller's best interests throughout the listing period.
Seller Sub-Agent
An agent of an agent. When an agent shows property listed with another company, that subagent is also working with
the Seller's best interests in mind (just as the listing agent). Even if the agent who listed your home
is showing you other properties,by law,the agent represents the other Seller's best interests -not yours
- if you are the customer. You should assume all agents are working for the property.
Seller unless they have a written agreement with the Buyer as a Buyer Agent.
The brokerage relationship should be disclosed to all parties up front -before any customer might
release confidential information and jeopardize their position.
The real estate agent is representing the Buyer's best interests and this relationship must be disclosed
whenever dealing with the seller or seller's representative.
Overlapping Brokerage Relationships
Dual and Designated representation - If all involved parties agree, Virginia law allows representation
of both the Seller and the Buyer through the same company in a single transaction.
Two agents of the same firm may represent opposing sides- if all parties agree.
Note: Choice Real Estate Services,Inc. does not practice dual or designated agency, as we feel there is potential for
a conflict of interest.
We represent only the Seller on Choice "Exclusive Authorization To Sell" listings and
may represent the Buyer on area homes-for-sale other than Choice listings.
Need someone on your side?
Contact Dean Hodges - Broker
If you would like more information on brokerage relationships,our Flat-Rate Seller packages
...Contact Us..... Choice Real Estate Services,Inc. of Galax, Va. is licensed in Virginia, USA.
Choice Real Estate Services, Inc. of Galax, Virginia
offers professional, client-level services
to Home Buyers and Home Sellers of Southwest Virginia .
Choice now offers home sellers
Maximum Market Exposure
.
... Click Here for more details!
Looking for a Home?
Need to SELL ? Why pay high commissions to a traditional real estate company ?
Choice Real Estate Services,Inc.offers Southwest Virginia area home sellers
a variety of Flat-Rate Seller Package options
for New River property, Blue Ridge Parkway lands, farms, commercial, and
residential real estate.
Contact Us
Choice Real Estate Services,Inc.
39 Winterberry Road, Galax, Va. 24333
Licensed in Virginia, USA
and subscribes to its strict Code of Ethics.
Equal Housing Opportunity.
Choice Real Estate Services,Inc. provides professional Home Buying and Homes-For-Sale
services for the city of Galax, Carroll, Grayson, Wythe, Floyd, Pulaski, Montgomery, Bland
and Giles county in Southwest Virginia.