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Well stated, Mike. I'll also say to the OP, if you have concerns about the performance or abilities of your agent, feel free to call their broker to mention your concerns. At the least, your agent will get some great (and possibly much needed) counseling from his/her broker. At best, if you're under exclusive agency contract with that broker, you may be released from that if they're not fulfilling their duties to you. The last thing the broker wants is to have one of their agents giving their company a bad name because of poor service, and they certainly don't want a customer to have lost money because of that agent.
Also, if they're trying to service you outside their area of market expertise, then that's another problem their broker needs to be concerned with. As humans, most of us want to be helpful to our fellow beings. But, sometimes, we overstep that helpfulness by trying to be a "jack of all trades". This can certainly apply to us in the real estate industry. The best answer that we can give sometimes is, "Well, that's not really my market area, but I can find you someone who could better serve you."
If you are a buyer,remember everything the agent says will be a lie.If your a seller maybe only half the time.
If you are a buyer everything the agent says is a lie? Why would an agent representing the buyer lie to the buyer? This statement makes no sense unless you are dealing with the listing agent directly then it may be true. When you go directly to the listing agent their job is to watch out for the sellers best interest and will do all that they can to do that. This may include telling little white lies to the unrepresented buyer. I do not reccommend going into a real estate transaction alone. If anything if you do not have a Realtor to represent you at least get a lawyer too.
You can go the your state's real estate commission website and locate a real estate contract and addendums that follow your state's laws. Decide what you want to offer, including terms and conditions, and present it to the seller. If you want to counter a buyer's offer, do the same. Usually, an attorney will review your contract cheaper than a realtor's commission.
Also, you can pay a broker a few hundred dollars and he will list your property on MLS. In this arrangement, the broker won't represent you, but your house will be available to buyers' agents.
I think the problem with the real estate industry is that they don't get paid until there's a sale, so they want a sale asap.
You can go the your state's real estate commission website and locate a real estate contract and addendums that follow your state's laws. Decide what you want to offer, including terms and conditions, and present it to the seller. If you want to counter a buyer's offer, do the same. Usually, an attorney will review your contract cheaper than a realtor's commission.
Also, you can pay a broker a few hundred dollars and he will list your property on MLS. In this arrangement, the broker won't represent you, but your house will be available to buyers' agents.
I think the problem with the real estate industry is that they don't get paid until there's a sale, so they want a sale asap.
Are there other states where contracts are drafted by attorneys or the Bar association and are not freely available from the RE Commission? Any?
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