ownersagents

Ownersagents refers to a real estate agency model where the agents represent the property owner, also known as the seller. This is the traditional and most common approach in the real estate industry. In this setup, the agent's primary duty is to the seller, aiming to achieve the best possible sale price and terms for their client.

Ownersagents typically handle a range of tasks on behalf of the seller. These include marketing the property, which can involve professional photography, creating listing descriptions, advertising online and in print, and organizing open houses. They also manage showings to potential buyers, negotiate offers, and guide the seller through the closing process. Their compensation is usually a commission, a percentage of the final sale price, which is agreed upon in a listing agreement.

The relationship between an ownersagent and the seller is built on trust and a fiduciary duty. The agent must act in the seller's best interest, providing advice and advocating for them throughout the transaction. Buyers, on the other hand, may work with their own buyer's agent or represent themselves. The dual agency situation, where one agent represents both buyer and seller, is generally discouraged or prohibited in many jurisdictions due to potential conflicts of interest. Understanding the role of ownersagents is crucial for anyone looking to sell a property.