Sep 26, 2021 / by OsmondMarketing / No Comments

You only perform the services selected by the client, including the list of real estate in the MLS (Multiple Listing Service), the creation of certain basic signs, the creation of a locker, marketing and some limited consultation time for pricing strategy and negotiations. Clever offers the best of both worlds: full-service real estate agents at service prices. Instead of the usual 6% commission, sellers can expect to pay only 4%. This 2% saving can be thousands of dollars in your pocket. A limited service agent is usually not very involved in the process of buying or selling the home and may or may not be present at the closing. Overall, the seller is left to himself to show the house, marketing, pricing, counter-offer negotiation and often even paperwork. If you`ve chosen a limited service broker, you`re paying a lot less, but you may have to do more work yourself and risk your home not being sold or needing more time to sell. (Sometimes) Lower rates: Compared to a traditional broker, limited-service brokers charge lower fees because they offer fewer real estate services. Agents owe their sponsor a duty of loyalty, diligence and obedience, also known as a fiduciary duty. The agent must respect the agency contract and faithfully fulfill all the obligations arising from the contract, without participating in a self-exchange not authorized by the client. In addition, the contractor shall not be negligent in a way that would prejudice the interests of the procuring entity.