When Our Realtors Represent Buyers
Colorado Gives Two Choices to REALTORS ®
When Working with Buyers
As a Buyer's Agent, I will give you full representation. I will be your strong advocate during negotiation and I will provide you with all the advice you will need to make well-informed decisions. I will commit my time and expertise to showing you all the available properties that meet your wants and needs. If you would like to view currently listed homes, click on FEATURED LISTINGS or do your own search on the PROPERTY SEARCH option. If you find properties that are of interest to you, e-mail, call or FAX me. I will be happy to obtain additional information for you and show you any properties that meet your needs. Remember, as your agent, I can also show you 'FSBO' - for sale by owner – properties and take you to new construction sites.
Once we have found the right home for you, I will act as your advocate in negotiating. I will provide you with advice and I will use all due diligence necessary to assure that the property's legal, physical condition and value meet your requirements. I will also assist you in arranging financing for your purchase. I work closely with several lenders who are competitively priced and offer expertise and effectiveness. For information concerning Transaction-Brokers which only exist in the state of Colorado see below.
The Colorado Commission has specific Rules governing agency:
Definitions of Real Estate Brokerage Relationships as defined by the Real Estate Commission of Colorado.
A buyer's agent works solely on behalf of the buyer and owes duties to the buyer which include the utmost good faith, loyalty and fidelity. The agent will negotiate on behalf of and act as an advocate for the buyer. The buyer is legally responsible for the actions of the agent when that agent is acting within the scope of the agency. The agent must disclose to potential sellers all adverse material facts concerning the buyer's financial ability to perform the terms of the transaction and whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the parties.
A seller's agent works solely on behalf of the seller and owes duties to the seller which include the utmost good faith, loyalty and fidelity. The agent will negotiate on behalf of and act as an advocate for the seller. The seller is legally responsible for the actions of the agent when that agent is acting within the scope of the agency. The agent must disclose to potential buyers or tenants all adverse material facts about the property actually known by the broker. A separate written listing agreement is required which sets forth the duties and obligations of the parties.
Transaction-Broker: (Only found in the State of Colorado)
A transaction-broker assists the buyer or seller or both throughout a real estate transaction with communication, advice, negotiation, contracting and closing without being an agent or advocate for either of the parties. The parties to a transaction are not legally responsible for the actions of a transaction-broker and a transaction-broker does not owe those parties the duties of an agent. However, a transaction-broker does owe the parties a number of statutory obligations and responsibilities, including using reasonable skill and care in the performance of any oral or written agreement. A transaction-broker must also make the same disclosures as agents about adverse material facts concerning a property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.