A Seller’s Agent
A seller’s agent is called the listing agent and is responsible for selling the homeowner’s property during a given time period, identified in the contract. The seller’s agent will represent the homeowner through the whole process from listing to closing. 
 
Breakdown of Seller’s Agent Participation 
• Represents seller 
• The home seller is responsible for paying the Seller’s Agent commission and usually, the Buyer’s Agent
• Agent will market the home under the terms outlined in the listing contract
• Agent will negotiate terms of the sale on behalf of the seller
• Agent will assist with escrow requirements
 
Cautions
• Examine contract terms closely
• Long term contracts, over 90-120 days, can backfire if the market turns south 
• Try to keep contract in 60-90 day timeframe
• Make sure agents have a solid marketing plan
• Make sure you are using an experienced successful agent and not a “friend” or “family member”
 
 
A Buyer’s Agent
A buyer’s agent will search the local MLS and will help find the ideal property for the buyer. This process can be drawn out and take awhile, depending on how particular the buyer is about the property they desire, how much they can afford, and overall market conditions. 
 
Breakdown of Buyer’s Agent Participation 
• Represents the buyer
• Locates properties to view
• Places bid on property and negotiates terms on behalf of buyer
• Assist with escrow requirements
• Ensures buyer takes proper steps to getting a loan and ensuring quality of purchase
 
Cautions
• If you sign a contract, be sure to outline terms and identify expiration
• If contract is signed, do not use another agent without the other agent being aware

Related Links
Kathy Toth and Team Seller’s Preferred Service
           Receive red carpet treatment as you prepare to sell your home.

Seller’s Guarantee
            Guarantee the sale of your home before you take possession of your new one.

Additional Seller Links
Staging Your Home
Market Snapshot

Search all listings in Michigan with pictures and tours…Free!

Kathy Toth & Team: Ann Arbor Area Real Estate Experts

www.KathyToth.com

Keller Williams Realty

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