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Promises of Realtors When Dealing With Consumers There is a huge difference between real estate agents and realtors, but a lot of people are interchanging them, which is not right. Aside from the things that St George Realtor can do for you, they also pledge to do 17 things that will be beneficial for consumers and these are the following:
They promise to treat two different parties honestly, and to make sure that they put the interest of their clients ahead of their own. A realtor should never exaggerate or misrepresent properties that are for sale. They are required to disclose all the information that they know to their clients. If the client wishes to cooperate with brokers, the realtor has no right to decline. If the realtor is a principal participant in a transaction, he needs to disclose it to other parties. A realtor should not provide professional services if he has an interest, or is a principal participant, in the transaction. They are not allowed to collect commissions without informing the seller about it. He is also not allowed to accept any fee from other parties without informing the seller. A realtor shall refuse service fees coming from two different parties without informing both parties involved. They are not allowed to combine the funds of their clients and their own funds; thus keeping two separate accounts for them and their clients. Realtors should always provide copies of all transaction documents to all parties that are involved, and be sure that it is understandable to anyone. They are not allowed to discriminate any of their clients, regardless of the status or race of the buyer or seller. A realtor has the ability to refuse the service of an agent, especially if he is aware that the agent is incompetent or is not qualified. They should never deal with untruthful advertisement. All information that they need to provide should be based on facts and real figures. A realtor should never deal with law-related issues, unless they are a lawyer by nature. Realtors are required to cooperate whenever there is a complaint against them, and present all the documents that are being requested by court. They should never discredit their competition, and will never file complaints without solid evidences. A realtor is not allowed to solicit or talk to another realtor's client, nor get into another transaction wherein another realtor is already present. When problems arise, a realtor should always seek for arbitration in order to solve different issues.