As a home buyer, we know that you need the best service from the beginning of your home search through the end of the closing and beyond. We're ready to answer all of your questions, and if we don't know the answer, we'll find someone who does! You can expect the very best from our exceptional real estate team.
First and foremost, it's important to understand that different offices and even different licensees within an organization offer different levels of representation. Your level of representation matters! During your very first meeting, your licensee should explain how/if they are currently representing you, what duties they owe you, and have you sign an Alaska Real Estate Commission Consumer Disclosure. Typically most home sellers at initial listing are working with their licensee as a Designated License. Throughout the listing process your degree of representation has potential to change, so be sure to understand what duties are owed to you throughout the evolving real estate transaction.
1.Specific Assistance- YOU ARE NOT REPRESENTED
The beginning of each real estate encounter begins with Specific Assistance until you choose representation. This is typically the licensee responding to your request for information. Just like representation, there are important facts about Specific Assistance which are also outlined on the AREC Consumer Disclosure. A critical fact to remember is that information you provide the licensee is not confidential.
2.Neutral License- YOU ARE NOT REPRESENTED
A neutral licensee is working for consumers on both sides of the transaction, but not representing either consumer. However, the licensee may offer unbiased professional advice and assist both parties in reaching agreements.
In this situation, there are 10 specific duties the licensee owes the consumer. These duties are explained in detail on the AREC Consumer Disclosure.
3.Representation- YOU ARE REPRESENTED
In this situation, the licensee represents you and you alone in the transaction. You receive all duties owed through representation, as shown on the AREC Consumer Disclosure. Remember: There may be a licensee from the same office as your designated licensee assisting the other side of the transaction, but the policy of how representation is handled or allowed may differ from office to office.
Refer to this helpful blog post to always understand your level of representation and feel free to call us for a detailed explanation of representation or lack thereof.
In a fast-moving real estate market, properties may sell within days of being placed on the market. We know it’s critical that you receive information about new homes on the market as soon as it’s available. Our system is continually updating, offering you the most recent information available about each property. From new properties, price changes, and pending listings, you’ll be among the first to know when you sign up for MLS Access with us!
We’ve got the know how and the resources you’ll need! We’re able to assist you with all aspects of the purchase process: local knowledge experience, shopping for the right lender, sending you available properties, showings, contract negotiation/facilitation (depending on your level of representation), offering contact information for applicable inspectors, communicating with your lender and title company, final walk-through, and too many little details to list. Comprehensively, combining each of these services help to ensure a smooth transaction process.