Real Estate Topics and Tidbits

  https://nichole-whitmire.remax.com/ What is a brokerage agreement? A brokerage agreement is a contract between a real estate agent and a client. The agreement states the realm of services the agent is to provide to her/his client. One common type of brokerage agreement is the exclusive buyer-broker engagement agreement.  This agreement is between a real estate agent and a client/home buyer. The agreement states that the real estate agent is exclusively acknowledged by the buyer as the only agent to represent the buyer in purchasing a property. The agreement outlines the duties the real estate agent is providing on behalf of the buyer in the home purchasing transaction. The buyer-broker agreement is beneficial to protecting the buyer-client's best interest as well as protect the agent in her/his scope of duties. Another common type of brokerage agreement is the exclusive seller brokerage engagement agreement . This agreement is between the home seller and the real...

  Nichole Whitmire, Cumming, GA Real Estate Associate | RE/MAX Regency (remax.com) The Fair Housing Act was initially enacted in 1968. Its purpose is to prohibit discrimination in the housing market nationwide. The Fair Housing Act specifically prohibits discrimination based on race, color, family status, religion, sex, handicap and national origin. This Act applies to not only the sale of housing but also the businesses of rental, leasing, and financing of the housing market. Though rare, The Fair Housing Act may not be enforceable in some cases. Listed here are a few rare situations that may be exempt;  where the owner also resides in the property, which has four or less units housing owned by religious groups or private clubs that require membership to occupants single family homes sold or rented by the owner without the use of a real estate agent Specific acts that are prohibited (if based on race, color, family status, religion, sex, handicap or national origin) by the en...