While many agents do work exclusively on their agents behalf, there are too many situations where a buyer's agent also winds up representing the seller in a dual or non-agency relationship. By disclosing to the agent exactly how much a buyer likes a property, the buyer gives away some of his or her leverage. Not disclosing it to the agent protects the buyer from awkward no-agency or dual agency situations that may develop later.
A home seller has become unhappy with her listing agent and would like to cancel the listing contract. The contract doesn't state anything about cancellation and the listing agent refuses to accept the cancellation. Ilyce explains what options the home seller may have.
Real Estate Minute with Ilyce Glink Home Sales are Down, and then they go up Original Air Date: September 1, 2006
Real Estate Minute with Ilyce Glink Attract Buyers Any Way You Can Original Air Date: August 24, 2006
When you separate or divorce you may decide to refinance your primary residence. If you refinance and execute a quit claim deed at the same time, it means that regardless of whose names are on the mortgage loan note, the only owner of the property is the one who did not sign the quit claim deed. When a court looks at the assets involved in a divorce, the quit claim deed will affect the future of the home.
What happens if you quit claimed the deed for your home to an ex, but did not refinance the loan? Even though you quit claimed the home to your ex, your name is still on the mortgage. If they are late on payments your credit rating will be ruined. Ilyce explains how your credit rating will remain bad until the mortgage is put in the name of your ex.
When you find a real estate agent you like you may decide to work with him or her several times. When a real estate agent works with you repeatedly he or she gets to know your real estate likes and dislikes. But watch out for unethical behavior from real estate agents who want repeat customers.
