pertinent selling points, and the overall feeling of that neighborhood. They will also give you the rundown for cultural activities, work centers, shopping centers, and schools nearby. Your agent is responsible for ensuring inspections of the homes are complete, as well as the disclosures therein. They’re also in charge of ensuring coordination of the home inspections, the termite inspection, the roof inspector, lenders, and all other professionals involved with the purchase of the home. If negotiations need to be made over the price, you won’t have to do it yourself, your buyer’s agent will do that for you, all the way to the final closing documents. They will be available whenever you have documents that you need to go through, will be there to answer any questions you might have, and will walk you through before you sign any documents.
DUAL AGENCY: THE BASICS
A “dual agency” relationship occurs when a buyer is being represented by a brokerage firm that controls the listing. Once an agent represents both the seller and the buyer within the same transaction, the situation is known as “dual agency.” In multiple states, this is illegal because of the conflicts of interest that can arise regarding the broker. All agents hold the same responsibility, which is to inform their clients of all potential risks that could arise due to conflicts of interest. Legally, agents are not allowed to work on both sides of any transaction without consent from the clients. For example, if you’re selling your home, and you don’t want an agent to be working with the buyer, it’s your right to say so in the
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