real estate question

new boater · 02-05-2008, 06:07 AM

"...the real estate agents in most jurisdictions by law represent the seller (even the agent you use to help you find the house, with very few exceptions),"...

Just a small correction. Your quote above is not true anymore. Under today's real estate rules there is Buyers' Agency where the agent is under contract to the Buyer and has a fiduciary responsibilty to protect the Buyers' interest. The days of sub-agency where the agents all represented the Seller are gone.

02-05-2008, 06:07 AM	#10
new boater Junior Member Join Date: Apr 2004 Posts: 13 Thanks: 0 Thanked 0 Times in 0 Posts	Correction "...the real estate agents in most jurisdictions by law represent the seller (even the agent you use to help you find the house, with very few exceptions),"... Just a small correction. Your quote above is not true anymore. Under today's real estate rules there is Buyers' Agency where the agent is under contract to the Buyer and has a fiduciary responsibilty to protect the Buyers' interest. The days of sub-agency where the agents all represented the Seller are gone.

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