Blank Contract of Sale   

Informed Duel Agency Buyer

Informed Duel Agency Seller

Sellers Property Disclosure

 Consumer Information Statement

Lead Based Paint Booklet

NJAR Buyers Agreement

 

Understanding Agency

Should I Work With A Buyer's Agent? A Seller's Agent? A Dual Agent?

In the past, real estate agents always represented the seller, whether the agent helped a seller to market and sell a home or helped a buyer find and purchase a home. In other words, agents were at one time legally bound to represent the seller in a residential real estate transaction. In that scenario, the seller paid both the listing agent and the agent who brought the buyer.

Today, agents either represent the buyer, the seller, or both. If you want to sell your home, you can work with a "seller's agent." If you want to buy a home, you can work with a "buyer's agent." Most states require real estate agents to disclose to consumers who they represent. Sometimes an agent will represent the buyer and the seller. A buyer who elects this situation should receive full disclosure on representation. In some states, dual agency affects the real estate professional's fiduciary responsibilities to the seller. The real estate agent you choose should fully disclose how they work with individuals and the options available to you.

Keep in mind that real estate laws differ from state to state and even from locale to locale. For more in-depth answers, talk with a knowledgeable real estate professional and ask about local practices. Be sure you understand and are comfortable with the services of the real estate agent you engage.



Featured Property

  • 797 State Route 34
    Matawan, NJ
    $195,000
    3 beds | 3 baths
  • 13 Coventry Court
    Manalapan, NJ
    $450,000
    4 beds | 2 baths
  • 101 Taylors Mills Road
    Manalapan, NJ
    $599,000
  • 158-162 Greenwood Avenue
    1205 - Edison, NJ
    $699,999
  • 1845 LINCOLN HWY RT 27 Highway
    1205 - Edison, NJ
    $699,000
  • 29 Heather Road
    Toms River, NJ
    $208,000
    3 beds | 1 baths
  • 608 Karen Lane
    Brick, NJ
    $250,000
    3 beds | 1 baths
  • 102 Hibernia Way
    Freehold, NJ
    $422,500
    3 beds | 2 baths
  • 28 Kentucky Drive
    Hazlet, NJ
    $455,000
    4 beds | 2 baths
  • 158 State Route 79
    Marlboro, NJ
    $1,500,000
  • 1746 Hillwood Road
    Forked River, NJ
    $255,900
    4 beds | 2 baths
  • 1746 Hillwood Road
    Forked River, NJ
    $255,900
    4 beds | 2 baths

Real Estate News

Mobile App

Search properties on the go
Download my free mobile app
For iOS and Android