Swansboro NC Real Estate Agency

Real Estate agency is basically three common types, buyers agency, sellers agency and dual agency. Agency is who represents whom in a real estate transaction.

When you meet with your CENTURY 21 American Properties, Inc real estate agent they will discuss the types of agency and you will be able to choose what best fits your needs. During this time you will see a "Working with Real Estate Agents" pamphlet that has information about the various types of agency. This is not a contract but a disclosure to you of what your options are.

Real Estate Agent Swansboro

Buyers Agency
Buyers agents in a real estate transactions, as the name says, works for the buyer on during the home buying process. When your CENTURY 21 American Properties, Inc agent represent you, they will not divulge personal or confidential information about you to the seller.

Sellers Agency
This is form of agency is commonly used when a CENTURY 21 American Properties, Inc real estate agent list a property for a seller. During this agency as with the buyers agency, the agent will not divulge any personal or confidential information to the other party. This agent works on behalf of the seller.

*Sometimes during a transaction a real estate agent can work with a buying in a sellers agent capacity. This is uncommon but perfectly legal. It should be disclosed to the buyer prior to the transaction. In this situation anything a buyer tells the agent can be relayed to the seller. An example would be if the buyer mentioned they would pay more for the house or property.

Dual Agency
Dual agency can occur when the buyer chooses to purchase a home that is listed with the real estate firm that their agent works for. This form of agency is common. During this agency form, the agent can not reveal any information that would be confidential or personal to either party about either party. Each item of a confidential matter will be kept private. In this capacity the agent is basically a facilitator and is working to handle the transaction in a fair and professional manner. If a seller of a property does not elect to accept dual agency contracts then they maybe eliminating any potential buyers from the firm they are listed with. Also if a buyer decides they do not want to accept dual agency they will be eliminating the listing that the firm has.

We hope this discussion about agency gives you a brief overview and understanding of agency. If you have any questions about agency, please feel free to ask your CENTURY 21 American Properties, Inc. real estate agent.

For more information about homes or property n the Swansboro area contact us today!

This information is deemed to be correct an accurate but is not guaranteed. If you would like more information on agency please contact us. This is just a brief overview of the common types of agency in the Swansboro Onslow County North Carolina area.