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What is your relationship with your Colorado Agent?

When you buy or sell real estate in Colorado you have two relationships you can have with your Colorado agent. Your agent can be a Transaction Broker or a Buyer or Seller Agent.

As a Transaction Broker, your Colorado agent is like a referee
As a Transaction Broker, your Colorado agent is like a referee

Transaction Broker Relationships

Most agents prefer to be a neutral third party and act as Transaction Brokers. Sometimes they don’t point out that you have options and will only offer to work with you as a Transaction Broker. As a Transaction Broker, there is no obligation to do the utmost to work on your behalf. They only owe you honesty and fairness regarding your transaction. Their job is defined as assisting Buyer and/or Seller with the transaction but not working as an advocate for either party.

Agency Relationships

Our preference is to represent you as a Buyer’s or Seller’s Agent. That means that we are your advocate working with your best interest in mind. We must look out for you at the same level we would if we were buying or selling our own property. We love to be a bulldog, working on your behalf. A Transaction Broker must be neutral, meaning that they cannot pass on confidential information on either side. As a Buyer’s or Seller’s Agent we will tell you about any additional motivation of which we are aware and at the same time, will not reveal your motivations to the other side.

Customer Relationships

Customer Relationship
No agent relationship can make you feel like you get your plays from the water boy.

There is a third type of relationship known as a Customer. That Colorado agent relationship is basically no relationship at all. You are on your own with no guidance from an agent. To have this type of relationship, the agent would already have a working relationship with the Buyer or Seller. Anything you tell them could certainly make it back to the party they are working for.

A Sports Analogy

Is your Colorado agent your coach or a referee?
Is your Colorado agent a coach or referee?

Another way to look at the difference between the Colorado agent relationships is with a sports analogy.  A Transaction Broker is like a referee making sure both sides play by the rules. They have no stake in who wins as long as you finish the game. An Agent is like having a coach. The coach is going to do everything possible to help his or her team not only finish the game, but win. As a Customer, you are a team without a coach. Sometimes that can feel like you are getting your plays from the water boy.

Would you prefer to have a coach, referee or water boy helping you with your real estate transaction?

Ultimately, it’s your choice. The amount paid to the agent is generally the same regardless of the Colorado agent relationship. By default, you are in a Transaction Broker relationship. You must sign a contract to have an Agency relationship. It’s important for you to know that signing a contract doesn’t necessarily mean you have an Agency relationship. Make sure you understand your broker relationship and know how you are being represented.

Posted in: Buyer Tips, Seller Tips Tagged: Agency, Relationship, Transaction Broker

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About Us

Mountain Living Real Estate, a.k.a. The Mountain Living Team, is a family owned, second generation, real estate company that has been helping buyers and sellers in Summit County since the early 90’s.  Mountain Living Real Estate is committed to going above and beyond to ensure their clients have the most amazing real estate experience possible.  Jason & Meredith take a personal approach to educate their clients, empowering them to make high quality decisions no matter the situation.  They take exceptional care throughout the sales process and beyond; striving to make each client’s path in Summit County one filled with fun, excitement & great memories.

Work with Mountain Living Real Estate and you’ll understand why so many people say, “We Love Mountain Living!”

Testimonials

Jason used amazing strategy for pricing, selling and acquisition of our next property. In this market this strategy is critical for success – especially with the buying process. Summit County real estate is a challenging market. We have bought and sold two properties and just bought our third. Jason and Meredith have been there for Continue Reading

Ben from Centennial February 2, 2022

You were very knowledgeable and supportive during this transaction. I was most impressed with your calmness and smart decision making during a chaotic process. Thank you again for your calmness during all of this.

Barbara from Centennial January 24, 2022

home in Breckenridge

We were very impressed with your professional skills, timely communication, and excellent listening skills. We felt you cared about us and our success.

Frederick from Colorado January 24, 2022

Living room in Dillon condo

(I was most impressed that they) Kept us informed through it all and helped navigate the things that needed to get down in a timely fashion. Also really appreciated help getting people to do some of the things done around the house.

Kate from Ft Collins November 4, 2021

House in Hamilton Creek

You guys did an exceptional job for us and went the “second mile” in many ways. We were most impressed with Pro-active and involved interaction with us and everyone in the process. Your team was exceptional. Recommended many things for us to do, and then helped us do them. Followed up,, checked in, and helped Continue Reading

Warren & Sue from TX August 12, 2021

Treehouse condo

Over the years we have bought and sold over 30 pieces of property and this was one of the most efficient and painless processes. Service and attention was A-perfect!

Jack from FL August 9, 2021

Gateway condo in Keystone

I very much enjoyed working with both Meredith and Jason, they really focused on our needs and questions. Their knowledge of the Summit County Area was worth its weight in Gold. Thank you guys!

Glen from GA July 27, 2021

sale of house

We were most impressed with your good judgement and advice on everything. Thank you for navigating us through the sale of our house.

David & Cecile from Boulder July 14, 2021

Copper Mountain Ski Resort

Great service- more forward leaning than previous realtors Most impressed with follow up, knowledge of local market, going the extra mile on document review and getting HOA questions answered. Good advice on price point, patience, and negotiations. Understandably you aren’t always available to look at properties, but in the crazy COIVD market there was one Continue Reading

Holly from Colorado Springs June 14, 2021

Most impressed with the dedication to getting the best deal for us! Exceptional service, skilled negotiators, truly worthy! I wouldn’t consider hiring anyone else. Thank you Meredith and Jason.

Lloyd from Salida June 4, 2021

Contact Us


Jason and Meredith Adams

Jason & Meredith Adams
Mountain Living Real Estate

101 Main St, #109, PO Box 4115 Frisco, CO 80443

(888) 666-0844
team@mountain-living.com

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Jason & Meredith Adams are both licensed to sell real estate in the state of Colorado

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