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All Forum Posts by: Kevin Farmar

Kevin Farmar has started 1 posts and replied 3 times.

Post: Buyer Representation Agreement

Kevin FarmarPosted
  • Westchester, IL
  • Posts 6
  • Votes 1

In the state of IL, the situation you are referring to is called dual agency. Regardless of what your agreement says with your original agent, if you are looking with the seller’s agent then the seller would need to agree to this as well. Unless you’re working with another broker for scoring off market deals, I would make the argument that you should have your own representation. Dual agency can and does work. However it is quick to get sticky as both sides of the transaction can start to question the agent’s loyalty.

Post: Anyone knows about company name redfin

Kevin FarmarPosted
  • Westchester, IL
  • Posts 6
  • Votes 1

Redfin is a Real Estate brokerage with a very user friendly interface, better than Zillow as some mention. In the Chicagoland market, they are aggressively marketing their 1% listing fee. As a full time Realtor (not with Redfin), I find the majority of my clients use Redfin to track properties and majority are not aware they are a full service brokerage. Interesting dynamic - I’d be curious to hear about other markets.

Post: New Agent in Chicagoland Suburbs - La Grange Area

Kevin FarmarPosted
  • Westchester, IL
  • Posts 6
  • Votes 1
Good Morning Everyone, I’ve been following BP for a couple of years and have finally decided to pull the trigger on earning my RE license - should be wrapped up and official come mid-July. I’ve always had significant interest in the industry, but became even more fascinated while working a college internship with The Sherwin-Williams Paint Company a few years ago. I stayed with the company for a few years and ended up being involved with the opening of two new retail locations. As I switched locations, so did my market. In my first store, it was a residential heavy area and I would work with a ton of realtors and GCs who were involved in flips. In my next assignment, I went to an area that was dense with rentals and got to learn a fair amount about property management. Chances are I may have crossed paths with some of you in the western suburban stores throughout my time with that company. I have found that there isn’t an area of real estate that doesn’t fascinate me. I love how their are multiple avenues to explore and be successful in. With that being said, I understand that nothing comes easily and this is generally a business in which you get out what you put in. I am excited to hit the ground running and provide top-notch customer service in a field that I truly have a passion for. However, generating leads is not my only main priority while getting started. My goal is to network with as many individuals as possible, whether that be agents, lenders, investors, etc. to build my base of trustworthy, honest professionals to bounce ideas off of and gain insight. I am in the La Grange area and would love to meet with like-minded individuals to learn about your industry experience and goals. I believe starting off on a small, honest foot can lead to effective collaboration when the time is right. I genuinely look forward to hearing from you all and at the risk of sounding cliche or corny, I thank you all for the work you do for this site - it truly does make a difference. BP helped me to realize there is no time like the present and I am thrilled to get going with my new career.