Real Estate 101
BUYERS:
"EXCLUSIVE"
Does
not mean that the agency
whose sign is on the
property is the only agency
that can show or sell the
house. The term "Exclusive"
refers only to an agreement
the agency has with the
Seller, and has nothing to
do with a Buyer. See below:
An "EXCLUSIVE RIGHT TO SELL" listing means that if you, THE OWNER of the property find a BUYER for your property, or if another BROKER finds a BUYER, you must pay the agreed upon commission to the present BROKER.
An "EXCLUSIVE AGENCY" listing means that if you, the OWNER of the property, find a BUYER, you will not have to pay a commission to the BROKER. However, if another BROKER finds a BUYER, you will owe a commission to both the selling BROKER, and your present BROKER.
“MLS – MULTIPLE LISTING
SERVICE” All the Realtors in
that Multiple Listing Group
can show each other’s
properties. This way,
a BUYER can deal with just
one Realtor and not have to
go from office to office to
see various listings.
Gallo Realty has the
information and the ability
to show almost all of the
properties for sale in our
immediate area and beyond.
Find an agent
you trust, give them an idea
of what you’re looking for
and let them do the leg work
for you!
“REALTOR” Ask if your agent is
a REALTOR. 
All of our agents are
members of the
National Association of
Realtors and are held to a
very high standard of ethics
and responsibility.
Make sure your
representative has the
REALTOR Trademark Logo on
their letterhead, business
card and website, and be
assured that you are working
with a professional.
“AGENCY DISCLOSURE” A REALTOR must disclose to all BUYERS the nature of their agency relationship and the rights and obligations it creates. Whether your agent is acting as a SELLERS AGENT or a BUYERS AGENT, “ the agent should (a) exercise reasonable skill and care in performance of the agent’s duties: (b) deal honestly, fairly and in good faith; and (c) disclose all facts known to the agent materially affecting the value or desirability of property, except as otherwise provided by law.” In other words, a REALTOR should always be honest and ethical regarding a property, no matter who he/she is representing.
Sample Forms For
Buyers & Sellers:
SELLERS:
Why List with Gallo?
All of our agents are members of the National Association of Realtors and are held to a very high standard of ethics and responsibility. Make sure your representative has the REALTOR Trademark Logo on their letterhead, business card and website, and be assured that you are working with a professional.
Our office is open 7 days a week with 5 full time and one part time employee on staff. We are members of two Multiple Listing Services, the Southern Adirondack Listing Exchange (SALES) and the Warren County Multiple Listing Service, so our listings are exposed to all the Real Estate offices in Warren, Washington and parts of Essex & Saratoga Counties. Our affiliation with the Warren County Board gives us "Realtor" status, and all of our listings are viewable on www.realtor.com .We advertise all of our listings in the monthly North Country Real Estate Guide until they are sold, and we take weekly ads out in the Albany Times Union as well. Gallo’s website (www.gallorealty.com) has received many compliments and is very "user-friendly", our prime location just off the Northway (an office, not our personal residence!) and the fact that there is always a knowledgeable Sales Associate or Broker answering phone calls and providing information to “walk-ins” all contribute to the professional atmosphere Sellers and Buyers alike have come to expect from our firm.
