Home Buying / Selling

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by Janet Wickell
for About.com

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More About Working with Real Estate Agents

Real Estate Agent FactsHelp Your Agent, Help YourselfCommon Myths About Real Estate Agents

Real Estate Agents Continued

How To Hire a Buyer's AgentWhat You Should Expect from a Buyer's AgentDiscussion: Finding an agent you can trust

Real Estate Agent Duties

What to expect from an agent

Real Estate Buyer's Agent

  • Agent's duty is to get the best possible price and terms for the buyers.

  • Agent must disclose all material facts about property (bad roof, plumbing problems, etc.)

  • Agent should disclose personal facts that indicate sellers will accept a reduced price (such as impending divorce, foreclosure, etc.)

    Buyer agency isn't the best choice for every situation, but if you are comfortable with an agent, employing the agent to work for you can save you time and money.

    Real Estate Seller's Agent

  • Agent's duty is to get the price and sales terms sought by the seller.

  • Agent must disclose the same material facts required of a buyer's agent.

  • Agent cannot disclose personal information about sellers without their permission.

    Real Estate Dual Agent

  • A dual agent cannot disclose personal information about either party. The dual agent must show care for the interests of both the home buyer and the home seller.

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