Agency Relationships
Licensed real estate agents are required to disclose who they represent. In most cases, the Agent, Subagents and Broker’s Agents represent the seller.
Some of the duties of the agent for the seller are:
- Promote the best interest of the seller
- Obtain the best price and terms for the seller
- Full disclose to the seller any and all facts which might effect the influence of the seller's decision, including information obtained from a buyer
- Offer the property without regard to race, color, religion, sex, ancestry, nation origin, handicap, or familial status
- Treat all parties to a transaction honeslty
Buyers may choose to employ a real estate broker to represent his or her interests as a Buyer’s Agent, and if so, should enter into a written contract that clearly establishes the obligations of both the Buyer and the Buyer’s Agent and specifies how the Buyer’s Agent will be compensated.
Some of the duties of the agent for the buyer are to:
- Promote the best interest of the buyer
- Obtain the best price and terms for the buyer
- Fully disclose to the buyer any and all facts which might effect or influence the buyers decision
- Offer the property without regard to race, color, religion, sex, ancestry, national origin, handicap, or familial status
- Treat all parties to a transaction honestly
Buyer's Options
Real estate is sold in its present condition. It is the Buyer’s responsibility to satisfy him or her self that the condition of the property is satisfactory. Buyer may request that the property be inspected, at Buyer’s expense, by qualified professionals to determine the condition of the structure or its components.
Buyer request for any inspection should be made prior to Buyer’s entering into an agreement of sale, or as contingencies to the agreement of sale. The purchase of any property will be as a result of inspections made by buyer and/or qualified professionals hired by Buyer not as a result of any representations made by seller, agent for the seller, agent for the Buyer or any of their respective salespeople, employees, subagents or partners.