Colorado gives two choices to Realtors when
working with buyers.
I work as a Buyer's Agent
so that I can give you full representation.
But First, here is the Colorado Real Estate Commission's Rules
governing agency.
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The Colorado Commission has specific Rules governing agency:
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Definitions of Real Estate Brokerage Relationships as defined
by the Real Estate Commission of Colorado.
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Seller's Agent:
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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.
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Buyer's Agent:
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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.
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Transaction-Broker: (Only found in the State of Colorado)
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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 propery. No written agreement is required.
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As your agent, I will be your strong
advocate during negotiation and we'll provide you with all the advice you'll
need to make well informed decisions.
As your buyer's agents I will commit my time and expertise
to showing you all the available properties that meet your wants and needs.
If you'd like to see descriptions of currently listed homes, check out
the the Realtors MLS of the Boulder/Denver Area If you find properties
that are of interest, e-mail, call or fax us and we'll be happy to obtain
additional information for you as well as show you any that meet your needs.
Remember, however, that as your agent also can show you for-sale-by-owner
properties.
Once the right property has been found, I wil act as
your advocate in negotiating on your behalf, I will provide you with advice
and we'll oversee the due diligence necessary to assure you that the property's
legal and physical condition as well as it's value meet your requirements.
Only when you're assured, will you want to sign the purchase contract.
Of course, I will assist you in arranging appropriate
financing for your purchase. There are many, many lenders. Based on our
analysis of their expertise and effectiveness, we've identified a cadre
with whom we work closely.