Hugh Dugan Real Estate

Jim Thorpe & Palmerton offices

Jim Thorpe Office: 570.325.8500

Palmerton Office: 610.824.8600

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28 Apr

WHAT KIND OF REPRESENTATION MAY I OBTAIN

Posted by pixelpaper

There are two types of Buyer Agency contracts.  They are “Non-exclusive Buyer Agency” and  “Exclusive Buyer Agency”

In “Non-exclusive Buyer Agency” you agree to work with the agent only on the properties he shows you, and to make the offer on the property you choose to purchase through him.  There is no Brokers fee that may be charged to you unless you sign an additional agreement that specifies the terms of the compensation to the Broker, except for the situation described in the last paragraph of this section.

In  “Exclusive Buyer Agency “ the contract applies to any property that the Buyer purchases and specifies the amount of compensation the Broker is to receive in the event of a sale.

In either situation, any offers that you make on properties that you viewed with an Agent that you have a Buyer Agency Contract with, should be made through that Agent. The Buyer Agency contract is a two-way proposition.  In addition to the agents having a fiduciary responsibility to the Buyers, the Buyers agree to be loyal to their agent.  This helps to prevent situations where agents show Buyers properties over several weeks only to have another agent such as “Uncle Louie” or “their brothers best friend” present an offer to the Sellers on one of the properties they viewed with their agent.

In the event that you would use a different Agent to present an offer on properties that you viewed with your Buyer Agent, and it is accepted, you may be liable for paying the commission for the “Buyer Agent”.

Agents

Jim Thorpe
Hugh Dugan
Margaret Dugan
Hugh Dugan 2nd
Thomas Condly
Colleen Weber
Palmerton Office
Kristen Obert
Tamra Poust

Hours

Monday – Friday:
9:00am – 5:00pm
Weekends
By Appointment Only

Resources

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  • Buyer
  • FAQ's

Hugh Dugan Real Estate

405 Center St.
Jim Thorpe, PA 18229
Phone: 570-325-8500
Fax: 570-325-0149
duganre@ptd.net

430 Delaware Ave.
Palmerton, PA 18071
Phone: 610-824-8600
Fax: 610-842-8604
duganpal@ptd.net