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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (2858)	6/20/2002 10:05:24 AM
From: LLCF	Read Replies (1) \| Respond to of 306849

<Your inability to get my humor is also as usual.> Yea, the degrading abusive kind usually goes right by me. DAK

To: GraceZ who wrote (2858)	6/20/2002 3:30:37 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

re: agency disclosure to buyers State laws in recent years have taken care of the need to inform consumers about who the agent they are talking to is representing. Any consumer who hasn't been inundated with disclosures on paper and verbally probably just hasn't been out meandering around the housing market in the past 5 years or so. In my state, a discussion about agency and a signed dislosure form are supposed to be part of the "first substantive discussion about real estate"--and that goes for talking with sellers, too. There's hell to pay if this requirement is ignored. Disclosures are contained in listing pamphlets and brochures picked up a open houses. The first paragraphs of sales contracts force the buyer to reaffirm the agency relationship that has been established. These days, you won't find too many agents traveling around with buyers unless the agent knows upfront from the buyer, in writing, what type of representation the buyer wants. No sense wasting time with a buyer who already has a signed buyer-agency agreement with another agent. No sense allowing the buyer to spill his guts about his motivation to buy or other personal information if allowing the buyer to disclose this information will come back to bite the agent. There will always be buyers who think all this is immaterial and don't want to discuss it, or who think the agent is being pushy when the subject is brought up, or who think they understand it all but don't and won't admit it.