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Real Estate Tips

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Real Estate Tips

Working With An Agent >An Agents Role

Recent reforms in the disclosure laws and real estate practices around the country have resulted in new options for buyers and sellers. Real estate agents can take different roles with buyers and sellers.

A seller's agent works with loyalty and fidelity as the seller's advocate and negotiator, and is obligated to disclose to potential buyers all adverse material facts that are known about the property.

A buyer's agent works exclusively to negotiate the lowest purchase price and best terms for the buyer. This agent serves the buyer with undivided loyalty, confidentiality, and full disclosure. The agent would know the highest price that the buyer would be willing to offer for a home, but could not disclose that information to the seller.

A dual agent can work for both the buyer and the seller by written, informed consent of both parties and has fiduciary obligations to both. The agent can only disclose to one party what the other party allows to be revealed.

A transaction broker assists the buyer or seller or both throughout a real estate transaction without being an agent or advocate for any of the parties.

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Real Estate Trivia

Q 
Where will you find the world's most unusual golf course?

A 
The only golf course on the island of Tonga has 15 holes, and no penalty against the golfer whose golf ball is stolen by a monkey.
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Morris Westlund, REALTORŪ, real estate agent and broker for Lake Oswego, Tigard and Tualatin, Oregon home listings, property and land for sale - NUMBER1EXPERT

Morris Westlund
Windermere/Bridgeport Realty Group

16760 SW Upper Boones Ferry Road Suite #103
Portland, OR 97224
Direct: 503-781-1981
Office: 503-639-7914
Fax: 503-639-5202
MorrisWestlund@gmail.com

Buying and selling a home is one of the biggest events in your life. As a top Lake Oswego, Tigard and Tualatin real estate agent, I have the experience and track record you are looking for. Please let me help.

ABR CRS Equal Housing MLS REALTOR


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