Buyer Resources - Agency

Buying Your Home - Working With a Real Estate Agent

Roland Bean, Licensed Real Estate Broker: 315-730-3733

Judy Bean, ABR, Licensed Real Estate Agent: 315-406-3880

How do I find a real estate agent?

Getting a recommendation from a friend or family member is an excellent way to find a real estate agent. It is also best to find an agent that works full time in real estate. That way you are going to have an agent that is up to date on listings and give you their full attention. Both Roland and Judy Bean are full time Realtors. They work together to make sure their clients get personalized attention. Both Roland and Judy are members of New York State Association of Realtors and are licensed to work in New York State.

What about a Buyer's Agent?

In many states, it's now common for an agent to represent the buyers exclusively in the transaction and be paid a commission by the sellers. Judy Bean is a Accredited Buyer's Representative and works exclusively with buyers, especially first time home buyers. Have questions, please call: 315-406-3880.

Agency Relationships with Realtors

New York State requires that all real estate agents disclosure to their clients the capacity they are working. Generally an Agency Disclosure should be presented at first contact.

A Seller's Agent is engaged by the person selling property. Therefore the Seller's Agent main fiduciary duty is to the seller. When dealing with a buyer the Seller's Agent should deal honestly, fairly and in good faith. He should also disclose all facts known that would affect the value or desirability of the property.

A Buyer's Agent is engaged by a buyer to represent the buyer's interest. He would negotiate the purchase price of the property on terms acceptable to the buyer. The Buyer's Agent has the following fiduciary duties: Undivided loyalty, confidentiality, full disclosure to the buyer.

A real estate broker may represent both the buyer and the seller if both give their informed consent in writing. An agent working as a Dual Agent must explain carefully to both the buyer and the seller that the agent is working for the other party as well.

Depending upon your Agency relationship, you should decide how much should be disclosed to your Agent. Remember Agents are supposed to be fair and honest with their clients.

Roland H. Bean, Lic. R. E. Broker
Roland H. Bean, Lic. R. E. Broker
Judy Bean, ABR, Lic R E Agent
2481 Jugg Street Moravia NY 13118