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Here's our list in a nut shell:
1. COMMUNICATION. There must be a clear understanding on the RRE (roles, reponsibility, and expectations (Ref: Charle's Koch, Owner of Koch Industries. Market Based Management Model). Roles: A Buyer's role is to buy a home of their choice at their price and location. A Seller's role is to sell their house at the best possible price - Fair Market Value (FMV) in a timely manner. A seller should not expect to sell their house above the FMV because a Buyer won't even look at their house and/or will walk away from the house and choose another home. A Realtor's role for a Buyer is to find the Buyer's next "Home Sweet Home." A Realtor's role for a Seller is to sell the house in a timely manner as possible and at FMV. Responsibilities: A Buyer's responsibility is to view a select number of homes and choose one to make an offer. A Seller's responsibility is to work with a Great Realtor to price the home at a FMV that is competitive and gives the best opportunity for a quick sale. REALTORS Responsibilities: Abide by the National Association of Code of Ethics in all real estate transactions. Return calls ASAP! A Great Reatlor will listen and understand the needs and wants of his/her clients. The Realtor will put the client's interest at the foremost of their agenda. Find homes that meet the Buyer's criteria and help negotiate the best possible purchase price as reasonable. A Realtor's role for a Seller is to work his/her tail off in marketing the home for sale to anyone and everyone. One of the most critical responsibility of a Great Realtor is to price a home at the FMV listing price. Pricing too high to get a listing is an injustice to the seller and one-self because the home will not sell at that price! Pricing low is an injustice to the Seller because the home is worth more. A Great Realtor will keep the client updated about the market on a regular frequency. Expectations: A Buyer is expecting the highest level of service from their Realtor. The Buyer is expecting the Seller to be reasonable in negotiations. A Seller is expecting to sell their home in a timely manner as possible and at the best sales price - which ends up being the FMV. A Great Realtor is expecting Buyers and Sellers to be reasonable in their real estate transactions and expectations.
2. COMMUNICATION. There must be a clear understanding on the RRE (roles, reponsibility, and expectations).
3. COMMUNICATION. There must be a clear understanding on the RRE (roles, reponsibility, and expectations).
If you are a Home Buyer or Seller, call "The Realtor who's looking out for YOU" and setup a GREAT communication channel where you get the highest level of services! A Great Realtor builds relationships that don't tare people apart.
It's a GREAT time to Buy and sell. Things haven't been this good for buyers in decades: Low Interest rates and many homes to select from.
Padre Island Weather for Jan. 30, 2008: Low 80's, cloudy, and then getting cold to low 40's in the evening. Always ptimistically SUNNY in my Attitude!
My function is to get Buyers and Sellers together to make a real estate transaction go to closing and fund. All of this as smoothly as possible.
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