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

To: Travis_Bickle who wrote (113747)	3/31/2008 3:45:51 PM
From: BWAC	Read Replies (1) \| Respond to of 306849

But what happens when you foolishly don't comprehend the agent showing you the house very well might only have a fiduciary duty to the seller? Lots of buyers don't understand or can't begin to comprehend who the agent represents.

To: Travis_Bickle who wrote (113747)	3/31/2008 5:30:31 PM
From: Tommaso	Read Replies (1) \| Respond to of 306849

It is, however, to the realtor's advantage that a sale take place. Therefore in many cases, the realtor will (while somewhat favoring the seller) have an incentive to inform both buyer and seller as to whether their expectations are realistic in the immediate market. A buyer is more likely to believe the realtor who says "That's a fair price" than believe the seller who says the same thing. At least that's the way it worked in the one and only transaction I ever made using an agent.