Office RECAD Policy
Dean & Associates Inc specializes in residential home leasing and management. Our Service Area is limited to Shelby County, Alabama.
The Buying and Selling Services we offer are limited to assisting Corporate and Individual Investors with acquiring and selling Rental Properties.
Dean & Associates Inc offers the following Brokerage Services:
1. Single Agent
A single agent is a licensee who represents only one party in a sale. That is, a single agent represents his or her client. The client may be either the seller or the buyer. A single agent must be completely loyal and faithful to the client.
2. Limited Consensual Dual Agent
A limited consensual dual agent is a licensee for both the buyer and the seller. This may only be done with the written, informed consent of all parties. This type of agent must also be loyal and faithful to the client, except where the duties owed to the clients conflict with one another.
3. Transaction Broker
A transaction broker assists one or more parties, who are customers, in a sale. A transaction broker is not an agent and does not perform the same services as an agent.
Alabama law imposes the following obligations on all real estate licensees to all parties, no matter their relationship:
- To provide services honestly and in good faith;
- To exercise reasonable care and skill;
- To keep confidential any information gained in confidence, unless disclosure is required by law or duty
to a client, the information becomes public knowledge, or disclosure is authorized in writing; - Present all written offers promptly to the seller;
- Answer your questions completely and accurately.
Compensation Notice
Dean & Associates Inc compensation is not set by local, state, or federal law or by the rules of any REALTOR® Association and it is negotiable. Please be advised that you may speak with multiple companies about their services and compensation before signing a contract with a company.
For sellers: At Dean & Associates Inc, we charge a commission of 3% to list and market your property. We will determine the specific rate of compensation in a Listing Agreement, which is a contract between you and Dean & Associates Inc. If you choose to work with us, your payment will be due at closing.
Please read your Listing Agreement carefully and ask us about any terms you don’t understand or would like to negotiate before signing the document. You may be asked by a prospective buyer to help pay their real estate agent’s compensation. This decision is up to you and Dean & Associates Inc will never require you to pay the buyer’s agent in order to list your property with us.
For buyers: At Dean & Associates Inc, we charge a commission of 3% to help you locate and purchase a property. We will determine the specific rate of compensation in a Buyer Agreement, which is a contract between you and Dean & Associates Inc. We will work with you to try to get the seller to pay as much of our compensation as possible. However, any remainder that the seller does not pay will be due from you at closing. Please read your Buyer Agreement carefully and ask us about any terms you don’t understand or would like to negotiate before signing the document.