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| June 12, 2006 - Agency Disclosure LawsMost state real estate associations require all real estate licensees to provide their buyers and sellers with a written disclosure of agency, or declaration of whom they are representing in a real estate transaction. There are revised contracts to meet these disclosure requirements.
Most agents who are licensed to sell real estate agree that such disclosure requirements are good for the buyer, seller--and the agent. A Federal Trade Commission poll a few years ago found that 72% of buyers did not realize that "their" agent, in fact, represented the seller. The disclosure requirement clarifies the real estate agent's role, especially for buyers.
The regulations require that the agency disclosure be made at the "first substantial contact" between an agent and the consumer. An agent who is representing a buyer or seller must have a written agency agreement that includes a termination date, a fair housing statement, and an exact description of the agency relationship. |
Newsletter ArchivesOctober 29, 2006 - Understanding Shorter Term Mortgages
October 10, 2006 - When It's A Business Move
September 11, 2006 - A Second Home for Fun and Profit
August 27, 2006 - Selling Competitively
August 14, 2006 - Money Does Grow on Trees
July 30, 2006 - Secrets of Successful Negotiation
July 11, 2006 - Real Estate Return on Investment
June 28, 2006 - Selling Competitively
June 28, 2006 - The Capitol's Loss is Your Gain
June 26, 2006 - Getting Pre-approved For a Loan
June 23, 2006 - How To Interview a Realtor
June 22, 2006 - A Matter of Chemistry
June 20, 2006 - New Home Environment Stresses "Quality of Life"
June 19, 2006 - Evaluating the Competing Offers
June 16, 2006 - Details, Details
June 15, 2006 - Sellers Earn 16% More By Using An Agent
June 14, 2006 - Signs of a Seller's Market
June 13, 2006 - Taxes and Your House
June 12, 2006 - Agency Disclosure Laws
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Al Plant
(800) 792-6448
424 S. State Street
Orem, Utah 84058
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TK Plant
(800) 792-6448
424 S. State Street
Orem, Utah 84058 |
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