The Buyer’s interests must always come above all other interests; undivided loyalty. Mr. Koli Cutler and Keller Williams Realty Specialists never represents any interests contrary to the Buyer’s interests. We represent BOTH the buyer & the seller or both the landlord & the tenant in the same transaction only when you may be interested in buying a Cutler Properties listing and then we disclose that in writing. We promote, protect, and defend the Buyer. A buyer’s broker is always on the Buyer’s side. We negotiate the best possible price and terms for the Buyer. The firm’s goal is to provide the Buyer with the best expertise, information, advice & counsel available so that the Buyer can make informed choices & sound decisions.
The real estate company who represents you must not reveal personal or financial information about the Buyer that would harm the Buyer’s bargaining position. However, the firm cannot keep information confidential in order to circumvent laws such as fair housing, service or product disclosures, property defects, material facts about the property, etc. Confidential information must remain in confidence even after the agency relationship has ended.
Brokers must be timely, disclosing both physical & non-physical facts about the property. Also disclosing the potential significance, consequence, & effect of those facts upon the Buyer. The Buyer always has the right to seek additional advice & counsel at any time (attorney, tax consultant, appraiser, inspectors, mortgage broker, title insurer, etc.). The Buyer always retains the right to choose other service and product providers, such as mortgage companies, title companies, home owner’s insurance, inspectors, attorney, appraiser, home warranty, etc. Conflict of interest & competing interests ‘checks,’ meaning affiliations, associations, partnerships, corporate involvement’s, employment status, representation agreements, etc., with other individuals or entities or self interest in the property.
Cutler Properties and its agents must obey the Buyer’s lawful instructions. The Buyer makes all important business decisions such as: the Agent’s scope of authority; terms and price; personal, financial, or other confidential information to be disclosed to another party; negotiation strategies; use of additional expert advice; other service & product providers, etc. Real estate licensees (Brokers) do not have the right to keep the two principals (Buyer or Seller) to a transaction apart – This is an Employer/Employee relationship. The Buyer is the Employer and the firm is the Employee.
Reasonable Care and Diligence
The firm must protect the Buyer from foreseeable risks of harm or loss. Promote the Buyer’s interests. Suggest special advice and assistance when prudent, necessary, or beyond the Agent’s level of expertise. Provide information, full disclosure, advice and counsel to the Buyer so that the Buyer receives the benefits of the Agent’s professional skills, expertise, and knowledge. Empathize, educate, and empower the Buyer to make informed choices & sound business decisions that will achieve the Buyer’s goal.
The real estate company who represents you must promptly report to the Buyer all property and moneys received and paid out on the Buyer’s behalf. Upon the Buyer’s request, money and property must be returned to the Buyer – subject to State law and contractual agreements. The firm must account for what the Agent does and does not do.
In Plain Language
What you get when you engage the services of Mr. Koli Cutler, Broker at Keller Williams Realty, you get 100% representation 100% of the time. I am in the business of representing the buyer to get the best possible price, on the best possible terms. I do this by giving my clients information such as:
What did the seller pay for the house when they purchased it?
When was the home last purchased?
Why is the home on the market? How long has it been on the market?
Have there been any other offers made on the home?
When and for how much?
What is the seller doing when they sell this house. Are they being transferred, getting divorced, or having a new home built?
If they are having a new home built, how long until it will be finished.
Put simply, my job is to find the motivation for the seller in the selling of their home. Knowing the answers to the above questions, and many more like them, will help my buyers make strong, informed decisions. The agent representing the seller (the listing agent) can not help you with these questions. Their job is to represent the seller and get the highest price on their best terms.