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Cis nj real estate Form: What You Should Know

Formal Execution), etc Consumer Information Statement as defined: The information provided herein is intended as a consumer education and guide for buyers and sellers  to assist with buying and selling real estate in New Jersey.

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Instructions and Help about Cis form nj real estate

Open houses are always kind of interesting when you're dealing with the public, but you can see from the question that the agent was trying to do the right thing. We are required to explain the agency at the first time that we're talking motivation of a seller to sell or motivation or financial qualifications of someone to buy. We're required to do that, and even if that first conversation occurs at an open house. So, here was an agent trying to do the right thing: explains the consumer information statement agency gave the person a copy, and then went on to get informed consent to dual agency. Side note: you see without getting dual agency side, what you have is just your ability to be a seller's agent, and then you have in one represented by which in itself could create some problems. So, if the person doesn't want to be represented, if the person doesn't want to consent to dual agency, then you really need to suggest to them that they get representative and perhaps talk to their attorney. But you need to explain to them that you represent the seller and therefore please don't tell me anything confidential. Why? Because you're going to run into a problem. It's very difficult to deal with a buyer who is unrepresented while at the same time representing this seller. So definitely you want to suggest that, but if you explain agency and carefully explain dual agency, there shouldn't be a problem of dual referencing. You do need to be careful about it, however. My suggestion is that you practice it at sales meetings with other people. It's not really difficult. I have found that when I do an open house and someone, you don't need to do this. The second...