Client vs. Customer: Semantics or a really big deal?

Client vs. Customer: Semantics or a really big deal?

Client vs. Customer: Semantics or a really big deal?   It has become one of my favorite sayings:  “In real estate, representation is everything.”   I find that to be especially true in this current buyer’s market.  So many buyers are missing out on great opportunities because they are unaware that they are entitled to a very special kind of representation.  They instead wind up working with an agent who is acting in the best interest of the seller.   In my article in Dan’s Hamptons “Ask the Expert” column last year, I covered a few basics on how a buyer can tell who the agent represents and why that’s important.   Hopefully, the tables below will clarify any confusion as to the two very different relationships when it comes to buyers working with real estate agents.   Please don’t be thrown off by the word customer.  People automatically associate that word with someone who is purchasing something – thereby relating it to the buying side of real estate.  Well, that’s not necessarily so, as a customer can be a seller as well.  In real estate jargon, the definition of customer is “the third party with whom the agent deals on behalf of the principal (client).”  Sounds pretty unappealing, doesn’t it?     CUSTOMER               RESPONSIBILITY HONESTY Ensure all laws and regulations pertaining to the transaction are obeyed ACCOUNTING Safeguard money and property held on behalf of the customer REASONABLE SKILL Provide customer with standards of practice and competence that are reasonably expected DISCLOSURE (Material Fact and Agency) Disclose material facts about a property.  Disclose agency relationship.  Explain the difference between a customer and client relationship in a timely fashion SO THAT A CUSTOMER CAN PROTECT THEIR OWN INTERESTS     CLIENT                 DUTY FULL DISCLOSURE Disclose all info that might affect the clients decision LOYALTY Do not conduct the client’s business in such a way to benefit the customer or any other party to the detriment of the client’s interest CONFIDENTIALITY Do not divulge any confidential information about the client told or learned by the agent within the agency relationship REASONABLE CARE AND DILIGENCE Protect the client from foreseeable risks or harm and recommend the client obtain expert advice or assistance when needs are outside the scope of the agents expertise OBEDIENCE Act subject to the client’s continuous control (following all lawful instructions) ACCOUNTING Safeguard money and property held on behalf of client   The Hamptons’ Edge Real Estate Group  –  In Real Estate, Representation is...

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The Vineyards at Moriches – Over 55 Condos

The Vineyards at Moriches –  Over 55 Condos

   Location, luxury, and value. Those are the first things you’ll think of as you pass through the gates of The Vineyards at Moriches over 55 condos.  The complex consists of only 92 semi-attached units which are comfortably spaced apart, giving the community a great sense of openness and privacy. Because of its perfect proximity to so many options of things to do, the community has attracted a very youthful and active group of homeowners. That is very apparent as you will see so many neighbors enjoying the outdoor activities The Vineyards has to offer.   State of the art architecture and construction The Vineyards at Moriches over 55 condos offer nine different models (all named after different types of wines), ranging in size from 1900 to 2900 square feet. Units were built with two bedrooms, many with an option for a third. Master Bedrooms are located on the first floor and are as elegant as you can imagine, with soaring ceilings, double walk-in closets and ultra-luxurious bathrooms. On the second floor there is a great open space for which uses are only limited by one’s imagination. No matter which unit you choose, you can count on an open and spacious floor plan similar to those found in high end luxury homes. Units have green energy insulated full basements with plenty of headroom and a large two car garage. The entire complex uses natural gas as it’s source of energy, and the complex has been energy star rated, making it quite economical for all. To get an idea of the superb design and layout, view this currently available Chablis unit.   More luxury, less hassle Because the builders placed an emphasis on open space, each unit is a corner unit, which translates to more windows and sunlight. All models enter through a covered porch and open to a fabulous living space with a two story entry foyer. Gas fireplaces, internet access wiring, deluxe home alarm package, and a medical alert calling system are all part of what is already in place. Snow plowing and shoveling, lawn mowing and landscaping are included among other things are all part of the maintenance free living at The Vineyards at Moriches over 55 condos.   Why people love living at The Vineyards Location– Talk about your perfect location! One hour to Manhattan, and minutes to The Hamptons and the North Fork and their sandy beaches, fine dining, boating, nature preserves, antiquing, shopping and wine tasting. Close to all major highways and the LIRR. And let’s not overlook the hamlet itself, Center Moriches, which  has wonderful shops and restaurants as well. Luxury– From stem to stern  The Vineyards at Moriches over 55 condos will meet the expectations of even the...

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Long Tree Pond Community, Eastport, NY

Long Tree Pond Community, Eastport, NY

    Why Do People Live here?      Ask any resident of Long Tree Pond. You’d be hard pressed to find anyone who doesn’t completely enjoy living here. The neighborhood consists of a wonderful mix of summer residents and full time occupants. Just far enough off the beaten path, most days you’ll find folks walking and jogging through the neighborhood, as well as kids heading to a friend’s house for a pool party, or biking to the tennis courts that are part of the community. All this and it’s literally minutes from Westhampton Beach Main Street activities and Dune Road Beaches.   Looking for a home in Long Tree Pond Community, Eastport, NY?   Interested in homes for sale in Long Tree Pond Community, Eastport,NY?  Click that link to find all the currently available homes in this area of Southampton Town.     What’s the Neighborhood Like? Long Tree Pond Community, Eastport, NY consists of 88 homes spread out on over 130 acres.  Homes are typically set on 5/8ths to 3/4s of an acre, although most properties feel much larger due to well-planned acres of green spaces throughout the community. Because there are a wide variety of home styles, including Ranch, Contemporary, Post Modern, and Traditional,  Long Tree Pond has a character difficult to find anywhere else, one that avoids that “cookie cutter” feel that so many subdivisions result in. Amenities include tennis courts and a large open green space where an annual picnic barbecue is held.   What about value?   If you’re looking for a combination of location, reasonable taxes and affordability, Long Tree Pond Community, Eastport, NY could be the answer. Located on the western edge of Southampton Township, Eastport offers easy access to all The Hamptons have to offer, including access to some of the most beautiful beaches anywhere. Long Tree Pond is conveniently located to both public transportation and major thoroughfares. Southampton taxes are comparably less than most other townships on Long Island and help keep the cost of living down. As far as affordability goes, the homes in Long Tree Pond are consistently sold for far less than the median sale price of Southampton Town, making it an extremely attractive place to live and one of the East End of Long Islands best kept secrets.   What makes Eastport special?  The location, for one thing. Just a little over an hour’s drive from Manhattan, Eastport is a great jumping off point for all points east, including all of The Hamptons villages, beaches and hot spots. Eastport’s Main Street is rapidly becoming the “go to” destination for the best antique shops on Long Island. All in all, after comparing what  you get for what you pay, you will find Eastport is very tough to beat....

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Post Modern Home For Sale In The Greater Westhampton Area

Post Modern Home For Sale In The Greater Westhampton Area

    Price: $1,149,000 MLS number: 2655059 Bedrooms: 4 Bathrooms: 3.5 Square Footage: 3700 Acreage: 1.6 Garage: 3 Car Attached   You Will Love the Light Filled Open Space of this Builder’s Custom Property Don’t miss this wonderful opportunity to own a stunning Post Modern Home For Sale In The Greater Westhampton Area. Built for a builder’s own family, no detail or expense has been spared in the design and construction of this 3700 square foot home which is set on 1.6 fabulous acres of prime location. Entering through the dramatic Foyer with Grand Staircase the first thing one notices is the incredible Brazilian Cherry Hardwood Floors,which run throughout the house. As you pass through the Living Area, it’s easy to see that the designer placed great emphasis on Large Open Spaces, High Ceilings, and Sun Filled Rooms. The Gourmet Kitchen (a chef’s dream) flows seamlessly into the Family Great Room, making this home perfect for entertaining on all occasions. The Over-sized Master Bedroom is En Suite and in addition to a Luxurious Jacuzzi Tub has a large private Shower Room covered in marble, not to mention private Water Closet. There is a “bonus” Room above the 3 Car Garage which could accommodate a second Master Bedroom with Bath or a large Game/Media Room. The basement is set up for finishing, with high ceilings and egress windows and door in place. Outside there is a fifty foot long swimming pool and plenty of room for a tennis court. Spacious Master Bedroom   Amazing Gourmet Kitchen                                   Kitchen Perfect for Entertaining If entertaining is your forte, there is no better place to do this then from the expansive Kitchen in this amazing Post Modern Home For Sale In The Greater Westhampton Area. The stainless steel appliances and ceiling height custom maple cabinets are state of the art, but it’s the vast amount of space that makes bringing friends together so easy. The over-sized Granite Island is perfect for breakfast and quick meals when not using the Formal Dining Room.                 Speonk in The Great Westhampton Area The Hamlet of Speonk in the Town of Southampton is located in The Greater Westhampton Area, which also includes the Hamlets of Remsenburg to the south, and Westhampton and Quiogue, as well as the Incorporated Villages of Westhampton Beach, Westhampton Dunes, and Quogue to the east. Perhaps not quite as well known as it’s Greater Westhampton Area counterparts, some of the things that make Speonk an excellent place to buy a home are it’s incredible dollar value in terms of purchasing, low tax base, and great proximity to all things...

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