For Sale by Owner Marketing Consulting Services
NOTICE OF NON AGENCY
Under Iowa law certain acts may be performed by a real estate agent who is not your agent. EXP Realty and its agents are not your real estate agents and you should not disclose confidential information. If you desire a sales associate to act as your agent, please let us know immediately.
In reference to the marketing consulting services:
When you enter into a discussion with a Brokerage (and their affiliated real estate licensees) regarding a real estate transaction, you should understand how the Brokerage is representing each party in the transaction. More importantly, you should understand how that agency relationship impacts your relationship with the licensee. The term "Broker" or "Brokerage" shall hereinafter refer to (Brokerage/firm) EXP REALTY, LLC, and Brokerage's affiliated licensees (brokers and salespersons). The term "Owner" and/or "Seller" shall hereinafter refer to seller or landlord. The term "Buyer" shall hereinafter refer to the buyer or tenants. A "Client" is a party to a transaction who has an agency agreement with a broker for brokerage services. A "Customer" means a consumer who is not being represented by a licensee but for whom the licensee may perform ministerial acts.
✅ Customer elects to represent themselves.
The customer understands that no Brokerage or Licensee will be providing any assistance/advice or representation to the consumer. It is acknowledged that Brokerage/Licensees are not responsible for any non-client decisions or actions.
If not already in a written Agency Relationship with a brokerage, a person(s), partnership, or company (buying or selling) may represent themselves in a transaction. When a seller elects to represent themselves in a transaction, it is the policy of Brokerage to treat that Buyer or Owner as a "Customer" and not as a "Client". "Clients" are responsible for a commission that may be owed as to the terms and conditions of previously agreed contracts. If representing themselves, a Self Representation Agency Confirmation and Acknowledgement shall be completed.
For purposes of this transaction, the seller is not in an agency relationship with eXp Realty or any of its agents. The seller is paying upfront (or received for free), the opportunity to post their home on the agent’s “For Sale By Owner” website. Other marketing consultation services may include: assisting sellers with photographs, modifying their Zillow listing, giving recommendations on marketing verbiage, tips & tricks to attract buyers.
Market analysis and pricing assistance may be provided by a licensed real estate agent upon request with the understanding that the agent is soliciting the seller’s business for a listing.
Should the agent procure a buyer, they will exclusively represent the buyer and the seller will sign self-representation paperwork.
A person representing themselves should consult a lawyer for any advice or other representation.
This is a legal document. If you do not understand this document, seek the advice of the legal counsel of your choice, before signing.