All real estate agents in Greenville, SC are required to inform their sellers of a designated agency or dual agency possibility in order to sell their home. A seller is required to sign an Exclusive Right to Sell (ERTS), which is the agreement required between the broker/agent and the seller. The ERTS outlines the duties and obligations of both parties. The designated agency option appears on the ERTS. Designated agency needs to happen when a listing goes under contract and the buyer’s agent is from the same real estate company as the listing agent. In such case, if the Ashley Lewis Team, lists your home for instance, and an offer came in from another agent unrelated to the Ashley Lewis Team but under the same broker at the Keller Williams Realty office, the seller and buyer will be asked to sign a Designated Agency form. This form is required to make the seller and buyer aware that the agents both work for the same company. The designated agency agreement still allows both agents fully to represent their clients.
The listing department of the Ashley Lewis Team is experienced in handling designated agency situations.
For more information contact the Ashley Lewis Team at http://SellMyGreenvilleHome.com
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