What Can A Real Estate Agent Tell You As a real estate agent your duty is to your client If the seller asks the listing agent to not reveal offers then the agent cannot disclose any information about other offers on the table The second layer is all legal If a potential buyer who has put an offer on the table has signed a confidentiality agreement with the seller the agent is
When you decide to sell or buy a home you need to make sure that you hire the right real estate agent And you need to trust your agent It s a good idea to have a game plan from the start of the home buying process to avoid anxiety or disappointments Make sure your realtor shares all the information they can legally and ethically What a Real Estate Agent Can t Tell You The Fair Housing Act was implemented in 1968 in an effort by Congress to end housing discrimination based on factors such as race religion sex disability and more The details of this act directly impact the information real estate agents are legally permitted to provide to clients
What Can A Real Estate Agent Tell You
What Can A Real Estate Agent Tell You
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This consumer focused brochure is designed for use by REALTORS to inform buyers and sellers of the potential consequences of multiple offer situations It was approved by the Professional Standards Committee at the 2005 Annual Convention in San Francisco and is excerpted from the Presenting and Negotiating Multiple Offers white paper found in NAR s Code of Ethics and Arbitration Manual You have to decide what you are going to offer to buy the house At this point you could ask your agent if they can see if there are any other offers on the house This makes a lot of sense but even then odd things can happen For example between the time you decide to write an offer and the time you go to submit the offer another offer
If you ever feel that your agent is trying to strong arm you into making a decision motivated by their potential commission rather than your goals and needs that s a huge red flag With a bad agent you might feel like they are putting their self interest before yours notes Campbell 4 Unfamiliar with the market Yes and most do In general written offers must be presented says Paul Howard a real estate agent in Cherry Hill NJ This falls in accordance with the National Association of Realtors
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Your real estate agent can tell you about Real estate value in the neighborhood is based on recent sale prices of similar houses Current housing trends and an opinion on the house s listing price Community features such as local amenities parks shopping centers walking trails and green spaces Any upcoming road construction nearby that Before listing your home ensure you re fully prepared by asking these 8 essential questions Discover what to inquire about with your real estate agent to make informed decisions maximize your
Real estate agents can tell a number of other material lies that could hurt you They might lie about the number of other offers on the property and the prices The buyer s agent has a fiduciary duty to their client This means that they must tell you the truth Rule 5 Don t pretend you re ready to buy if you know you re really not This one might sound like a no brainer but it s such a big part of real estate etiquette it s worth driving home
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What Can A Real Estate Agent Tell You - Yes and most do In general written offers must be presented says Paul Howard a real estate agent in Cherry Hill NJ This falls in accordance with the National Association of Realtors