Sacramento Property Management

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Real Estate Guidance and Management 

 New investors this advice from a veteran Real Estate Broker and property manager. No matter if the Realtor is your best friend he/she must by law represent the seller if presenting a listing of the seller. The law state that the Realtor has a fiduciary+ relationship to the seller.

+FIDUCIARY:  Holding or held in trust. Trustee

If they appear to be representing you then they are violating the law.They must disclose who they represent. The Realtor cannot disclose the seller’s negotiation strategies or what price he/she may agree to. That is why I keep recommending that you hire a Buyer’s Agent.

You can negoiate a fee or the agent representing you can share the seller’s Realtor’s fee. Sign a contract with the BA and you are officially represented.   contract with the BA and you are officially represented. The BA can reveal anything he/she knows about the seller’s strategy and weak areas. He/she may be in a position reveal to you  if the seller has to sell. We used to identify a seller by these two motivating factors. “WILL SELL” which means the seller will sell if they get their price or terms and the “WANT TO SELL” which means that the seller is motivated to sell for some urgent reason.

A BA can do a little detective work about the seller since, he/she the seller, is not a client. The seller may have financial problems, may be moving out of town, or there is a major maintenance problem that is pending that he/she wants to avoid. He/she may be going through a divorce and needs to liquidate to satisfy the divorce settlement.

The Seller’s Realtor has not developed the techniques of a BA because they haven’t had the experience or training. They have taken the typical Realtor training which consists of farming for listings, advertise and sell.

I will repeat do not buy Real Estate especially in a strange town unless you have representation. My background before becoming a property manager was as a representative for investor buyers. I have been in the real estate business 44 years. I am not condemning the seller’s Realtor because they have to disclose who they represent to you, but most people don’t realize that you are not being represented

Licensed with CA Dept of Real Estate 44 years as a broker. Commercial investments. Currently property manager with 27 years experience residential and commerical Hold two designations MPM Master property manager and RMP Residential Management professional awarded by National Association of Residential Property Managers Read chapter one of our new Book HOUSE INVESTOR’S MANUAL   http://www.expert-landlord-resources.com/resourcestore.html

   1  By Lambert Munz  MPM, RMP Buyer consultant and property manager Visit www.Arbourpm.com regarding our services or our stores at www. Expert-Landlord-Resources.com

2. We have discontinued comments  because of irrelevant comments and link hookers. If you wish to contact me I welcome you to do so at propertymanager@arbourpm.com

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