- agent markets property on vendor behalf: - DRAWING up details of properties, ADVERTISING properties for sale (newspapers/online), PROVIDING potential buyers with house details (via post, email, text), ARRANGING visits to properties for buyers, CONDUCTING visits on vendor behalf.
- some buyers willing to offer to buy asking price - usually want to pay less. AGENT to advise vendors to accept/decline, considering: STATE of the market, VENDORS NEED to complete within a particular time, LIKELIHOOD of buyer being able to complete transaction within time frame set. FINAL DECISION LIES WITH VENDOR - AGENT MERELY ADVISES.
- if offer accepted, focus legal financial - agent role - progress chasing sale on vendor behalf - conveyancers, etc & maintaing contact between parties. CONVEYANCING - drawing up contract between vendor and buyer - work referred to BODDIE COOPER.
normal - buyer not have cash available - agent offer services (banks) - beneficial to vendor - but no ref to commission earned through these services.
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