Asheboro real estate and homes for sale in North Carolina - Vickie Gallimore - REALTOR®

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Real Estate Dictionary

Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Q

Quiet title

A court action to remove a claims or objections of other parties on a title

Quitclaim deed

A deed that releases whatever interest or title a grantor may hold in a property, without claiming any obligations or warranties

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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Real Estate Tips

Working With An Agent >An Agents Role

Recent reforms in the disclosure laws and real estate practices around the country have resulted in new options for buyers and sellers. Real estate agents can take different roles with buyers and sellers.

A seller's agent works with loyalty and fidelity as the seller's advocate and negotiator, and is obligated to disclose to potential buyers all adverse material facts that are known about the property.

A buyer's agent works exclusively to negotiate the lowest purchase price and best terms for the buyer. This agent serves the buyer with undivided loyalty, confidentiality, and full disclosure. The agent would know the highest price that the buyer would be willing to offer for a home, but could not disclose that information to the seller.

A dual agent can work for both the buyer and the seller by written, informed consent of both parties and has fiduciary obligations to both. The agent can only disclose to one party what the other party allows to be revealed.

A transaction broker assists the buyer or seller or both throughout a real estate transaction without being an agent or advocate for any of the parties.

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Real Estate Trivia

Q	What private residence is considered the most expensive house ever built?
A	The William Randolph Hearst Ranch in San Simeon, California cost over $30 million, equivalent today to $276,883,320. Bill Gates recently built a home for over $40 million.
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Vickie Gallimore, REALTOR®, real estate agent and broker for Asheboro, North Carolina home listings, property and land for sale - NUMBER1EXPERT

Vickie Gallimore
RE/MAX Central Realty
231 S. Fayetteville Street
Asheboro, NC. 27203
Office: 336-626-5600
Home: 336-629-7716
Mobile: 336-953-9500
Fax: 336-626-2253
Email: vickiegallimore@NUMBER1EXPERT.com
Vickie is a member of the RE/MAX Hall of Fame and recipient of the Diamond Club Award, a new award recognizing a higher level of production in the RE/MAX network. Vickie and her office both are #1 in the Asheboro market and have held this distinction since 1990. Look for her weekly article in Randolph County's local newspaper, The Courier Tribune.

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