When you have an exclusive contract with a real estate agent, what should you expect and not expect?

Question

Gavin Lynn

Business

11 June, 09:29

When you have an exclusive contract with a real estate agent, what should you expect and not expect?

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Kyra Mendez · Answer 1

You should expect the following when you sign an exclusive contract with a real estate agent as a buyer:

the agent has to locate and identify potential properties that might interest you, and advice you about a fair market price the agent is responsible for reviewing the paperwork the agent is also responsible for preparing purchase offers, and other related services

You should expect the following when you sign an exclusive contract with a real estate agent as a seller:

the agent has to locate and identify potential buyers that might be interested in your property, and try to obtain the best possible price. the agent is responsible for reviewing the paperwork the agent is also responsible for negotiating purchase offers