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Old 05-01-2019, 12:43 PM
manaboutown manaboutown is offline
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Quote:
Originally Posted by retiredguy123 View Post
Yes, it does. It's not true that a buyer can enter into a contract with an agent to legally represent them, unless the buyer agrees to pay money to the agent. That is basic contract law. It is not a contract unless both sides provide some type of compensation. I don't know of any real estate agents who offer to represent buyers on a legal basis and to require the buyer to sign a legally binding contract. That is because they represent the seller through the listing agreement, and to represent the buyer would be a conflict of interest. Post No. 37 explains this very well.
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Last edited by manaboutown; 05-01-2019 at 12:51 PM.