Ideas to Address RV Parking
I am a 12 veteran of RV camping in a class B motor home. I am presently looking to relocate to the eastern Ohio area (Mahoning and Trumbull Counties) and am working with a real estate agent. Importa...
Forum Discussion
bid_time wrote:
I am sure you had a buyer's agent that was not licensed. Sorry for your loss.
Next time maybe you should follow what I did and get a contract in writing spelling out in detail their responsibilities. Minus that contract, they are working for the seller and the seller's best interests.
Was not my loss. All they were doing was showing me homes for my agent and I was informed of that buy the broker.
Because you got a contract and reference 'sellers' best interest that relates to an agent working for the 'listing agent'. Meaning an agent that works for the broker who listed the property who's first interest IS in the seller. At which point you have the option to or not to use a dual agent to finalize your transaction. I.E. representing both the seller and buyer.
I have used an agent representing both the buyer and seller BUT one needs to review that very carefully before agreeing to a dual agent for your transaction. There is a document you must sign agreeing to using the same agent the seller is.
I was specifically looking at foreclosed homes to flip so there was no real owner just the bank. And an agent acting as a dual agent does have a better direct line of communication to the bank.
