Realtors may represent a buyer, seller, landlord, tenant, or other clients. Some even have dual agency. But this has to be disclosed to both parties. All agents, regardless of who they represent, according to the National Association of Realtors' Code of Ethics and Standards of Practice, pledge to protect and promote the interests of their client, but according to the NAR, they must also remain obligated to treat all parties honestly.
It is very important to understand this representative agreement when making a large purchase like real estate. Don't be intimidated. Just ask.
Last edited by bkcunningham1; 07-20-2010 at 07:14 AM.
|