What is a consumer real estate?

Often times when used generically ‘consumer’ can mean either a buyer or seller, customer or client. However here at the @Homes Realty Group; ‘Consumer’ takes on a completely different meaning and makes up a very valuable and important part of our business strategy.

Is real estate a consumer service?

Real estate investing is unquestionably a customer service industry, and the way in which investors communicate and interact with clients will ultimately determine their long-term success.

Can a Realtor represent both buyer and seller in BC?

In B.C., real estate professionals cannot represent two or more clients in the same transaction whose interests are in conflict, except in the rarest of circumstances. For example, a property seller and a prospective buyer for that property. … The practice of dual agency was prohibited in B.C. in 2018.

How can you tell if a Realtor is lying?

If you’re unsure whether an agent is lying to you about their production, a simple phone call to their broker to find out their track record will usually uncover whether they’re lying or not about their sales history.

THIS IS FUN:  Best answer: Can you buy 2 houses in Monopoly?

Can real estate agents lie about offers Australia?

Most real estate agents don’t disclose offers to other buyers. … Legally, agents in NSW are allowed to disclose current offers to any other potential buyers. Agents are required to inform the seller of all offers made to purchase the property, but there is no law to prohibit the disclosure of offers to potential buyers.

How do I know if a real estate agent is legit?

You can verify whether a real estate broker or salesperson is licensed or has been subject to any disciplinary action by visiting California DRE’s Public License Information webpage or by calling the California DRE’s Public Information Line at (877) 373-4542.

How do you greet a customer in real estate?

The first step to effectively greeting existing or potential clients is to stop what you’re doing and smile at them. A nice, simple smile where you meet their eyes and acknowledge their presence. You’ve now signaled to them not only that you know they are there, but you’re willing to focus on their needs and wants.

How do I buy a house without a realtor in BC?

How To Buy A House Without A Real Estate Agent

  1. Step 1: Apply For A Mortgage. …
  2. Step 2: Research The Neighborhood. …
  3. Step 3: Find A Property. …
  4. Step 4: Ask For A Seller’s Disclosure. …
  5. Step 5: Make An Offer. …
  6. Step 6: Hire A Lawyer And Home Inspector. …
  7. Step 7: Negotiate. …
  8. Step 8: Finalize Home Financing And Closing.

Who governs real estate agents in BC?

Real estate is regulated by the Real Estate Council of British Columbia (RECBC). They license real estate agents and brokerages engaged in real estate sales, rental property and strata management. They also enforce standards of conduct and investigate complaints from the public.

THIS IS FUN:  Question: What checks are done when selling a house?

Can a Realtor list and sell the same house?

With dual agency, the Realtor takes on the role of buyer’s agent and seller’s agent simultaneously in a specific transaction. … The Realtor offers to sell the house for the owner while also representing a buyer interested in the property. If the situation seems confusing, that’s because it is.

Why do Realtors not want buyers and sellers to meet?

A real estate agent stops that. It’s intimidating to have the sellers in the home when buyers walk through it. They may not feel as comfortable looking in all the areas they want to look. When the sellers aren’t present, buyers feel more comfortable looking around and see everything the home offers.

How do you outsmart a real estate agent?

How to Outsmart the Competition in a Seller’s Market in…

  1. Get pre-approved for a mortgage. …
  2. Tour homes the moment they hit the market. …
  3. Ask for a commission rebate. …
  4. Make bids based on value, not listing price. …
  5. Offer flexibility to sellers.

Can I fire my Realtor before closing?

The short answer is yes, but it can be complicated. The agreement you signed is a legal contract between you and a real estate brokerage to sell your home. … If you and your real estate professional agree in writing to end the agreement before the end date, the agreement immediately ends.

Why do estate agents lie?

Although they shouldn’t, estate agents can and do lie about offers to make it look to you as a seller that they’re creating lots of interest in your property. An estate agent may also lie about offers so they can push you in the direction of a specific REAL offer, so they can get their hands on their commission ASAP.

THIS IS FUN:  Question: How many pay stubs do you need to buy a house?

Do real estate agents have to pass on all offers?

Using a real estate agent to buy property

The agent is legally obliged to pass on to the vendor any further offers received for the property up until the exchange of contracts. In NSW, a property sale is binding on the seller and buyer when contracts are exchanged between the two parties.

Do real estate agents make good money?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.