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Georgia Is A Dual Agency State,
Dual Agents Work For Themselves, Not The Seller
or The Buyers!
Because they can not negotiate for a better
price and they can not relay any personal
information to either party.
CHB View Point Blogs
|Realtors with their own agenda: When you go shopping for a car, you do not only go to one dealer, so why would you stick with only one Realtor or real estate brokerage? in Thomasville, GA. we have our share of used car realtors. who are only interested in selling you their own listings or their own brokerage listings, and why "Full Commission" so this is why you need to invest more time and try using deferent realtors and brokerage to show you houses and you will see that all realtors are not the same. most of them are just interested in their own "Agenda".|
Beyond Dual Agency
Real Estate “Double-Dipping” Takes Many Forms
http://www.inman.com/reports/dual-agency-static - Better off with a Buyers Agent.
|Why dual agency is a bad idea For Sallers and Buyers!|
The perils of dual agency:
While real estate brokers and salespersons
are permitted by law to act as dual agents
in real estate transactions, provided
certain conditions are met, such dual agency
arrangements present an increased risk of
liability and/or discipline to the licensee.
An agent owes an affirmative duty of
disclosure to his principal, which means the
agent must inform his or her principal of
what the agent knows or should know which is
likely to be material to the principal’s
interests or judgment in the transaction at
issue. In the context of real estate
transactions, this duty generally
encompasses any facts material to the
interests affected by the transaction, which often extends beyond the facts concerning the value or desirability of the property. Moreover, an agent for the seller must also disclose to the buyer any known facts concerning the value or desirability of the property which the agent has reason to believe the buyer does not know and will not discover through reasonable diligence. In residential transactions, such disclosures are governed by statutes requiring the various specific disclosures and the use of certain forms, including the “Real Estate Transfer Disclosure Statement” (“TDS”). Confidentiality: With the exception of the above-discussed affirmative disclosure requirements, an agent owes a duty to his or her principal not to use or disclose any information confidentially given him or her by the principal. Loyalty: An agent’s duty of loyalty to his principal requires that all of the agent’s actions while carrying out the purpose of the agency be performed in service of the principal’s interests alone. The agent may not take any action or make any representation contrary to his principal’s interests. The above-summarized duties of an agent can sometimes be in conflict in dual agency situations. Rules of Dual Agency: Dual agency is permitted in real estate transactions provided the principals are notified in advance and consent to it. Without the principals’ prior knowledge and consent, a dual agent is not entitled to recover a commission, even if no one is harmed as a result of the dual agency or the non-disclosure. Failure to disclose a dual agency may subject an agent to discipline by the Real Estate Commissioner. (Business & Professions Code § 10176 (d)).
Civil Code § 2079.21 expressly permits dual agency, but there is an inherent possible conflict of interest because it prohibits a dual agent from disclosing either principal’s negotiating strategy. That is, the dual agent has all of the same duties discussed above except that he or she must refrain from disclosing to the buyer “that the seller is willing to sell…at a price less than the listing price” without the seller’s express written consent. The Words to look for used by local real estate agents is. "JUST MAKE AN OFFER" = "My Seller is willing to take less". http://www.dre.ca.gov/pdf_docs/rebfall07.pdf
|Square Footage Fairyland in Thomasville, GA|
Realtors Advertising Square Footage
on Some Homes Are Not Correct and
misleading in Thomasville, GA Always Ask For
Public Record - DO NOT OVER PAY FOR SQUARE
FOOTAGE. If Sq. Ft. NOT the same as public
Record bonus rooms or additions where done
without a permit. Remember homes Sq. Ft. ONLY
Counts if it is under A/C. - Deck, Porches,
Garage, outside storage area, unfinished rooms
are NOT PART OF A HOMES SQUARE FOOTAGE WHEN
CALCULATING THE PRICE PER SQUARE FOOT. Price per
square foot makes a difference.
Sample of misleading square footage - Buying A Home By Square Footage Home For sale is listed for $280,000 with 2,400 Sq.Ft. This would make this home 116/per Square Foot price. "WOW Not Bad" Now if you were to ask for public records, this home is documented with 2,300 Sq. Ft. which it would make it 124/per Sq. Ft. so you just overpaid for that home. Always Ask for public record. Now imagine Some Realtors over exaggeration and adding 300 to 600 Square foot more then what a home really has? Now you just overpaid per Square Foot for that home. When calculating a home by square footage it should ONLY be Heated and Cooled area. And when they say total sometimes they are adding Garage, porches, unfinished bonus rooms and any area they can add to make the home bigger to justify the price. homes should NOT be sold only on square footage. Homes in other parts of the country are sold for the unique features and upgrades they have. 99% of all realtors in Thomasville, GA sale homes only on square footage. Update 1/22/2012 It is very interesting that after our blogs on square footage has gotten massive interest the local real estate board has removed the option on all listings that indicates the square footage of each home being sold. This is a good think because homes should not be sold on square footage alone but the custom features it has. This does not mean that a buyer should not ask for public record square footage and compare it with the Realtors listings. Some local realtors still like to use the square footage gimmick to justify the price of the home they are trying to sell and some listings have more square footage then public record has on files. If the public record does not have the same square footage then the bonus room or addition was done without a permit and it may not have been done right or to code.
|***GREEN HOMES IN THOMASVILLE, GA*** Their is only ONE Realtors in Thomasville, GA that we at Capital Home Builders can say has the most knowledge of Green Smart Home Building. EcoHomesGA.com. (Buyers Agent) All other Realtors and Brokerage office in Thomasville, GA have NO Idea of what a green smart or eco friendly home is, then they have the AUDACITY to talk about green on their website.|
|NEVER US THE SAME LISTING AGENT AS YOUR BUYERS AGENT! DUAL AGENTS CAN NOT NEGOTIATE! FOR THE BUYER OR SELLER! Never Agree to Dual Agency by CAARE = Consumer Advocates in American Real Estate LOOKING TO BUY A HOME USE A BUYERS AGENT Question? In A Divorce, Would You Have The Same Attorney Represent Both Parties Dual Agency in Thomasville, Georgia|
How to report a
bad real estate agent
The vast majority of real estate professionals in this country are ethical and honest, however, as with all businesses and professions there is also a majority of bad apples.
|Never Agree to Dual Agency|
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Real Estate Agents, Realtor, Real Estate
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|Thomasville GA real estate companies, Homes For Sale, ft, realty, realtors in Thomasville Georgia Homes, Bad Real Estate Agents|
|Agency: -real estate for sale in Thomasville, GA, Homes For Sale Thomasville, GA. Say NO to Dual Agency. Realty Services, Realtors in Thomas County|
|Dual Real Estate Agents are only interested in selling their own listings. Good ol' boy network - Alive and Well|