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Role
of Agent
The
majority of homes sold in the United States are done with the assistance
of a real estate agent. Due to the complexity of modern real estate
transactions and because a house is most likely your biggest investment,
it is best to be able to rely on the experience and expertise of
a real estate agent. One of the main advantages of working with
an agent is that your home will be listed in the Multiple Listing
Service or more commonly known as the MLS. This assures that the
largest number of potential buyers possible will view your home.
There are three ways an agent can work. An agent can work for the
buyer or for seller and agents can work for both with their written
consent. While not in every state, agents can act as transaction
brokers without representing either the seller or buyer. In nearly
all states there are agency disclosure laws. These laws require
signed consent for representation. An agent in your area can explain
how the agency laws work in your state. Agent's typical responsibilities
to a seller include offering sound advice for preparing the home
for sale, creating a listing, showing the home to appropriate potential
buyers, and guiding you through the sale transaction.
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