Posts in Tips For Buyers
There are agents, and then there are agents. Yes, it sounds confusing. That’s because the term“Agent” is often used in a casual manner, referring to any real estate practitioner. But agent also refers to someone with whom you’ve established a formal agency relationship, someone who represents your best interests in a real estate transaction and owes you fiduciary responsibilities. Agency relationships are usually established in writing with buyer agency agreements, and require: loyalty, obedience, disclosure, confidentiality, reasonable care and diligence, accounting.
Are you a buyer-customer or a buyer-client?
Services will vary, depending on your agency status*
If you are a CUSTOMER (no agency relationship), an agent will:
If you are a CLIENT (agency relationship), your agent will:
Maintain loyalty to the seller’s need
Pay full attention to your needs
Tell the seller all that they know about you
Tell you all that they know about the seller
Keep information about the seller confidential
Keep information about you confidential
Focus on the seller-client’s property
Focus on choices that satisfy your needs
Provide just the material facts
Provide material facts as well as professional advice
Only provide price information that supports the seller’s listing price
Provide price counseling based on comparable properties and their professional insights
Protect the seller
Protect and guide you
Negotiate on behalf of the seller
Negotiate on your behalf
Attempt to solve problems to the seller’s advantage and satisfaction
Attempt to solve problems to your advantage and satisfaction
How Buyers Agent Get Paid?
‘It is important for you to understand there is no charge to you for my services. I get my wages from My Broker, and this money is paid out of a commission that is supplied by the seller for all the people involved in the marketing of the home’. This puts me into a strong position when I am representing you in all parts of the transaction including the offer presentation’.
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EXIT KINGDOM REALTY | 68-56 Groton St. | Forest Hills | NY | 11375
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OLGA MAYAYEVAEXIT KINGDOM REALTY Mold: The Fungus Among Us Home Clean Home Is a Straw-bale Home Right for You? The Trivia Block Why is mold growing in my home?
Fundamentally, mold is a perfectly natural part of our outside environment, helping to break down things like dead trees and old leaves. Indoors, however, mold growth should be avoided. Molds reproduce by means of tiny invisible spores that float through the air. When a mold spore lands on a surface that is wet or moist, that's when the growing begins. No molds can grow without water or moisture.
Are there health risks?
Molds produce allergens, irritants, and in some cases, potentially toxic substances. Inhaling or touching mold or mold spores may cause allergic symptoms such as sneezing, runny nose, red eyes, and skin rash. Allergic reactions to mold are common. In addition, mold exposure can irritate the eyes, skin, nose, throat and lungs of both mold-allergic and non-allergic people. If you have any health concerns regarding mold, make sure to contact your doctor.
How do I get rid of mold?
Since some molds are found floating around the air and in house dust, it is virtually impossible to get rid of all the mold in your home. Indoor mold growth should be prevented by controlling moisture inside the home. If you discover mold in your home, you must clean up the mold and fix the water problem. If you clean up the mold, but don't fix the water problem, chances are the mold problem will come back. To clean mold off hard surfaces use water and detergent, and dry completely. Absorbent materials such as ceiling tiles that are moldy should be replaced.
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EXIT KINGDOM REALTY | 68-56 Groton St.
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OLGA MAYAYEVAEXIT KINGDOM REALTY Featured Articles Title Insurance, Who Owns What? What Owner's Title Insurance Covers Title Insurance Tips Frequently Asked Questions The Trivia Block Title Insurance
Who Owns What? Owning a home is one of the most important parts of the american dream, but having the deed to a piece of land does not necessarily mean the property is yours free and clear.
Other people may have certain prior rights or claims that your deed will not erase. Such rights can go back all the way to the earliest owners of your new property. In order to protect your investment, you may consider purchasing title insurance.
There are two types of title insurance policies that may be purchased at the time a property changes from one owner to another: an owner's policy and a lender's policy. Both the owner's policy and the lender's policy protect the named insured against an unknown defect in the title of property.
A defect may mean you could incur additional costs in the future or even lose legal title to the property if the defect is not resolved before you take possession. If you have a title insurance policy, the insurance company will defend your title in court and pay any settlement amount you owe to clear the title, as long as it is a covered item.
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What Owner's Title Insurance Covers Most likely there are no hidden risks connected to your new property. However, such risks do exist, often as a result of errors made during past title transfers.
If an error occurred but is not discovered until you buy the property, you may face a hidden risk and your ownership of the property could come into question. Owner's title insurance protects you from such errors, as well as: Protects you from financial loss due to covered claims against your title, up to the face amount of the policy.
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OLGA MAYAYEVAEXIT KINGDOM REALTY Money-Saving Tips on Home-owner's Insurance Why Fertilize The Trivia Block Back to the Top
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EXIT KINGDOM REALTY | 68-56 Groton St. | Forest Hills | NY | 11375
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