An Buyers Agent is held by law to owe specific duties to
the buyer
Buyer's
Agent
Must do
everything possible to gain an advantage for the Buyer.
Must obey all
lawful instruction of the Buyer, is not obligated to obey
instructions from the Seller.
Must tell Buyer
everything they can find out about the Seller including the
motivation for selling and any reasons the Seller may have for
wanting a quick sale.
Must tell
Buyer everything they can find out about the property, including
traffic problems, poor school system, high crime rates, etc.
Must keep all
information about the Buyer confidential, including the Buyer's
ability or willingness to pay more for the property than they are
offering as well as the Buyers motivation for buying.
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Reasonable care and diligence
Must prepare
themselves through education and study to competently represent
the Buyer in all matters.
Must account to
Buyer for any money or documents entrusted to them. |