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Personal Interest Disclosures and finding out the day before a closing....

By
Real Estate Agent with Century21 AAIM

that the Seller's agent is also his father-in-law. No disclosure. Very professional. When I informed my buyer it finalized the fact that she does not trust seller or agent. I know stuff like this happens but it still left a very bad taste in my mouth and my buyer's. I had to remind buyer to set emotions aside and look at it from business side. We had all inspections by an independent party and they are responsible for any damage they know of and dont disclose. That is really what this comes down. Trust of disclosure. If you dont disclose personal interest, then what else did you not disclose. Don't make us Realtors who do it the right way look bad! Do it the RIGHT WAY people! Im vented. Thanks! :)

Peggy Wester
Realty Executives Integrity - Grafton, WI
Real Estate Agent Ozaukee & Washington County

Could not agree with you more on this! Excellent reminder, Richard!

Apr 20, 2009 05:21 AM
TIM MONCRIEF
Tim Monciref - Austin, TX
Over 2,000 homes sold…..

Welcome to real estate.  This may have been just an agent moving faster than the brain; but, most are not the sharpest tool in the shed.  I doubt something like that would have been intentional, just a case of brain freeze.  Wait til you get a seller that is the agent and it was not disclosed, and you hear "Do I have to disclose that?".

Apr 20, 2009 06:59 AM