Top Mistakes of Home Buyers & Sellers
This article from RISMedia outlines the top mistakes made by home buyers and sellers in 2005.
One of the top mistakes made by home buyers is using the same agent representing the sellers, either thinking they might get a better deal, or out of ignorance. The author notes that most states require written acceptance of this situation known as dual-agency by both parties under agent license laws. According to the article, all buyers should be represented by an agent who has a fiduciary responsibility to them. Bottom line--hire an Exclusive Buyers Agent.
Top Mistakes of Home Buyers and Sellers in 2005 [RISMedia]
One of the top mistakes made by home buyers is using the same agent representing the sellers, either thinking they might get a better deal, or out of ignorance. The author notes that most states require written acceptance of this situation known as dual-agency by both parties under agent license laws. According to the article, all buyers should be represented by an agent who has a fiduciary responsibility to them. Bottom line--hire an Exclusive Buyers Agent.
Top Mistakes of Home Buyers and Sellers in 2005 [RISMedia]
posted by Stefan J. Scholl, J.D. - Exclusive Buyer Agent at 12/28/2005 11:15:00 AM
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