Wednesday, November 10, 2021

In Today's Market You Need An Effective Strategy From An Advisor You Can Trust


Dear Rory,

Irene and I wanted to thank you for the great job you did in getting another one of our properties sold during a challenging time in the market.  Your experience, commitment, persistence, people-handling abilities and negotiation and sales skills were paramount to delivering this positive outcome.

Our decision to undertake this project came about as a direct result of your collaboration and input and it was great to have an expert in our corner for the second time and you provided us with the right advice when we needed it most.

As sophisticated real estate investors we understand the value of your professional services and share for the benefit of others that you are unlike the multitude of agents out there.  To say you are a cut-above would be an understatement. 

We highly recommend you to buyers, sellers and investors, and cannot over-emphasize that your clients are not hiring a typical realtor. You are an effective strategist and trusted advisor with a wealth of knowledge, who protected our negotiating position and there was no question that you were acting in our best interests at all times.

You built cooperative relationships with our tenants and offered advice on tenancies, property improvements and renovations; that ultimately got us across the finish line.  And it truly mattered to you that we have a buyer and closing by a certain date to save additional financing charges.  

There is no higher accolade than to say that you are truly a fiduciary Rory and thanks again for another job well done.

Sincerely,

David and Irene Rathbone


Dear David and Irene,

Thank you for your letter of recommendation. I truly appreciated the opportunity to assist you with this important project. We made adjustments along the way and together were able to realize the results you desired in a challenging market cycle. 

I really appreciate your reference to me being a fiduciary, which is what I am all about. For readers I share an excerpt from an article in my monthly e-newsletter defining fiduciary responsibilities:

"As it pertains to being a real estate agent, I have a fiduciary relationship with my clients and principals through the law of agency that requires me to protect and promote their interests as I would my own; including guarding their negotiating position at all times and disclosing all known facts which may affect or influence their decisions.  Agents also have the duty to disclose all remuneration to their principals. Hidden or secret fees are simply not permitted.  

A fiduciary duty is the highest standard of care at either equity or law and is based upon a legal or ethical relationship of trust between two or more parties. A fiduciary is expected to be extremely loyal to the person to whom he owes the duty (the "principal” and must not put his personal interests before the duty, and must not profit from his position as a fiduciary, unless the principal consents.)"

Continued success with your real estate investments,

Rory Sutter