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Real Estate Brokerage Relationships

What is a Seller's Agent?
The seller's agent represents the seller only, so the buyer may be either without representation or represented by another agent. The seller's agent is responsible for performing the following duties:

• Promoting the interests of the seller with utmost good faith, loyalty and fidelity;
• Protecting the seller's confidences, unless disclosure is required;
• Presenting all offers in a timely manner;
• Advising the seller to obtain expert advice;
• Accounting for all money and property received;
• Disclosing to the seller all adverse material facts about the buyer that the agent knows;
• Disclosing to the buyer all adverse material facts actually known by the agent, including:
  • Environmental hazards affecting the property that are required to be disclosed;
  • The physical condition of the property;
  • Any material defects in the property, or in the title to the property; and
  • Any material limitation on the seller's ability to complete the contract.
    

What is a Designated Seller's Agent?
What is a Designated Buyer's Agent?

What is aTransaction Broker?

The Carnahan Group has made a committment in resources, time and money to assure that we will be successful in helping you achieve your goals.

• Conduct an independent investigation of the buyer's financial condition for the benefit of the seller
• Independently verify the accuracy or completeness of statements made by the buyer or any qualified third party.

• Protecting the confidences of both parties, including the following information:
• The fact that a buyer is willing to pay more;
• The fact that a seller is willing to accept less;
• The factors that are motivating any party;
• The fact that a party will agree to different financing terms;
• Any information or personal confidences about a party that might put the other party at an advantage.
  
• Exercising reasonable skill and care;
• Presenting all offers in a timely manner;
• Advising the parties regarding the transaction;
• Suggesting that the parties obtain expert advise;
• Accounting for all money and property received;
• Keeping the parties fully informed;
• Assisting the parties in closing the transaction;
• Disclosing to the buyer all adverse material facts actually known by the transaction broker, including the following:
  
  
  • Environmental hazards affecting the property that are required to be disclosed;
  • The physical condition of the property;
  • Any material defects in the property or in the title to the property;
  • Any material limitation on the seller's ability to complete the contract.
    
• Disclosing to the seller all adverse material facts actually known by the transaction broker, including all material facts concerning the buyer's financial ability to perform the terms of the transaction.
  

• Conduct an independent inspection of the property for the benefit of any party;
• Conduct an independent investigation of the buyer's financial condition;
• Independently verify the accuracy or completeness of statements made by the seller, buyer or any qualified third party.