by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
With a dual agency, a real estate agent represents both the buyer and the seller. If an offer is made on the property, both the buyer and seller must agree to dual representation. A benefit of dual agency is that this can streamline the process of the home...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
A disclosure statement is a document provided by the seller that details any negative aspects of the property. This could include roof or foundation issues, pest problems, or mold, for example. The disclosure should also state any repairs or upgrades that you have...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
Having a designated agent ensures that confidential client information remains separated. In this instance, one agent works with a broker, and one agent represents the...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
A deed establishes that a person is the legal owner of a property. When a property is sold, the deed will be transferred to the new...
by Kayla Testaverde | Aug 29, 2022 | Real estate glossary
A contract is a formal agreement put in place during a real estate transaction. The contract begins when a buyer makes an offer, and both the buyer seller agree to move...
