Unlike most Realtors, I do not spend time prospecting for new business: I devote myself 100% to focusing on my current clients and my current business, on the here and now. In return, I ask that my clients refer me to anyone they know who might be interested in purchasing or selling real estate in the next 6 to 12 months.
I need to know that my clients value my service and trust my expertise, and that they are hiring me for those reasons. If they truly do trust my expertise, then they know that in referring me to others they will be doing them a great service.
To demonstrate that I believe in holding myself accountable for my performance, I give all of my clients the absolute right to cancel their agency agreements with me on 24-hours notice. This applies equally to Listing Agreements with Sellers, and to Exclusive Retainer Agreements with Buyers.
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Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
Twenty-three years ago Murray Gould came to real estate from a background in university teaching. Murray listens carefully, explains clearly, and protects his clients. Because his business depends on client satisfaction and subsequent referrals, he does everything in his power to exceed expectations, serving his clients well beyond just the one transaction. Murray's goal is to become his clients' personal Real Estate Consultant for Life.
www.murraygould.com is
brought to you by Murray J. Gould NUMBER1EXPERT™
for Germantown real estate MD, Gaithersburg real estate and Montgomery County real estate, Maryland
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