On the pre-printed real estate forms, there are "agency" terms used that are confusing. No, not by me, but my clients and the "other side" whether they are listing agents or buyer's agents.
Yesterday, once again, I had to convince my buyers that my company was the SELLING FIRM.
However, they had no trouble understanding that I was the BUYER'S AGENT.
What brought this on:
THE LISTING AGENT HAD HERSELF DOWN AS THE "SELLING FIRM" ON THE SELLERS DISCLOSURES.
At first I thought she must have done these disclosures earlier, hoping to sell the home herself (dual agency) and before my buyer's made their offer. But, no, the disclosures were signed after the offer was accepted.
And my buyers? They shook their heads and said, "that makes no sense".
They figured that the LISTING FIRM should also be the SELLING FIRM.
"No, no," I said, "mine is the 'selling firm', they merely 'listed' it." Sounds snooty, but there it is.
DO YOU HAVE THIS PROBLEM AS WELL?
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