In a real estate transaction, sales professionals may represent the seller, the buyer, or both parties. This representation is called an "agency." Traditionally, a sales professional is the seller’s representative. So, unless otherwise stated and/or documented in writing, you should assume the real estate professional is working for the seller. In many regions, real estate sales professionals are legally obliged to disclose, in writing, information on the types of real estate agency relationships that exist. It is important to understand the differences between these agencies whether you are buying or selling a home.
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For more information about any of these properties or ones that you have seen in local media, please call one of our representatives at 973-827-0911. Thank you! |
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