Frequently Asked Real Estate Questions from Prospective Clients If a lot of foreclosures hit the market, will that bring down home values? ... How would you market my house for sale? ... What is a seller's market? ... What is a buyer's market? ... How frequently and by which methods do you communicate with your real estate clients?
If you are unhappy with your real estate agent's services but still want to move forward with selling or buying a property, then it's best to speak with the agent's broker. The broker has the authority to change agents or amend the contract provisions or even issue the written mutual release.
Building Rapport First Impressions Matter. Your initial contact with the agent sets the tone for your relationship. Be polite, respectful, and professional. Show Genuine Interest. Agents appreciate buyers who are genuinely interested in the property. Be Respectful of Their Time.
Real estate agents should be clear in their communication to avoid misunderstandings. This means using simple language, avoiding jargon, and being precise in your speech. If a client does not understand what you are saying, they are unlikely to do business with you.
You want to let the agent know why you're looking to move, the name of a neighborhood or two you might want to explore and how much you think you want to spend.
Meseck, the most common complaints involve: Septic systems. Solar leases. Failure to disclose and Seller's Property Disclosures. Water rights. Miscommunication. Agent-owned property and additional supervision. Multiple offers. Unpermitted work.
(1) A licensee shall disclose to a potential buyer or seller in a real estate transaction all types of agency relationships available and the licensee's duties that each agency relationship creates before the disclosure by the potential buyer or seller to the licensee of any confidential information specific to that ...
Unlike some states, Michigan does not require that sellers involve a lawyer in the house-selling transaction. Even if it's not required, you might decide to engage a lawyer at some point in the process—for example, to review the final contract or to assist with closing details.
In Michigan, a buyer and seller are not required to hire a real estate attorney. However, many people hire real estate attorneys to answer questions and ensure that the transaction goes smoothly.
To earn your real estate license in Michigan, you must be at least 18 years old, complete 40 hours of approved education, submit an exam application and receive authorization to test, pass the Michigan real estate salesperson licensing exam, and secure employment with a sponsoring broker.