Agent Andrew represents a buyer. Agent Andrew presents an offer on behalf of his buyer to Agent Mabel, who represents the seller. The offer is considerably lower than the list price and lower than the price range Agent Mabel presented to her client based on her comparative market analysis. Additionally, the offer requests Agent Mabel’s seller pay the majority of the closing costs associated with the transaction

Agent Yuan shows a home to his buyer client,
Wendy. Wendy falls in love with the home and
instructs Yuan to present an offer to the seller. Yuan
knows of another similar home nearby that likely
meets Wendy’s criteria, as well. As requested by
Wendy, Agent Yuan presents the offer to the seller’s
agent without informing Wendy of the other home.

An agent represents a buyer and the buyer selects a property advertised as being located on a “greenbelt.” The property is priced higher than neighboring properties because it backs to a greenbelt. What are some omissions that could be made by the buyer’s agent and consequently impact the client and the transaction?

Untitled Slide

• Become familiar with real property records in county
• Talk to other brokers and agents in that area
• Farm & Ranch? Talk to Ag extension
• Search MLS Data
• Research GCD
• Become familiar with county records
• Research appraisal district