Note from the desk of
Eve Olasov, Realtor 843-795-9100
In essence you have two
choices in the state of
I only mention this now since by the time you’re actively involved in viewing homes and land you will need to have made this important decision. As a matter of fact the state requires that upon our first significant encounter with you as a consumer we must by law present a written disclosure and description of your choices. This is the law in most states now.
In essence the choice is
whether you choose to be a client or a customer. In
A customer is entitled to honesty and full disclosure of all material facts. As a customer your agent can provide you with information about real estate listings, showings of those properties you select to view, and preparation of contract forms to be submitted as offers. As a customer your agent can not make suggestions about property values, can not negotiate on your behalf, is not obligated to disclose or point out “non material” facts, can not disclose information about the sales history of the property or the seller’s personal situation, can not provide you with confidentiality, or interpret a detailed market analysis showing subject property history in the neighborhood you’re buying into. As a customer your real estate agent is working for the seller and his best interests.
As a client you are entitled to full confidentiality as with a client/attorney fiduciary relationship, benefit of the agent’s negotiation expertise, full disclosure of all material and non material facts which may affect the value of the property, property showings of all listings including for sale by owners and MLS listings which disallow sub-agency. As a client you have hired the real estate agent to represent you. The real estate fee is paid by the listing firm when the transaction closes. You have no obligation to purchase property but do have an obligation to utilize your buyer agent in the transaction. Your real estate agent is obligated to work 100% in your best interests and commit to serving your best interests only.
You can view an example
of a typical Agency Disclosure form. This is the
You should also familiarize yourself with our Buyer Representation Agency Agreement. This is the form we will use should you choose to be represented in the Greater Charleston SC region by Eve Olasov of Luxury Land and Homes, Inc.
I’m looking forward to helping you more.
Luxury Land and Homes, Inc.