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01-28-2010, 01:55 AM #1
Banned
- Join Date
- Jul 2009
- Posts
- 215
Auctions and the real estate agent
Many agents are not aware that when recommending a property be sold at auction, they can continue to maintain a working relationship with the seller. A real estate agent can continue to assist a seller by:
* Being present during meetings with the seller and auction house
* With draw the listing and receive a referral from the auction house
* Provide the auction house with property, mortgage and seller information
Typically, the real estate agent will retain the seller as a long term customer by assisting to sell the property quickly and provide advice through out the campaign.
In addition, buyer representatives can receive a commission on the sale of an auctioned property by submitting a Brokers Participation Agreement to the auction house.



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