You should know, recent changes in North Carolina law affect the way the public is represented by real estate agents. To assure that consumers are made aware of these changes, the North Carolina Real Estate Commission and the North Carolina legislature have enacted certain legal protections for buyers and sellers. They created a brochure entitled "Working with Real Estate Agents" which the law requires you to receive at the first "substantial contact" with a real estate agent. The brochure describes the duties and obligations of real estate agents with regard to representing both buyers and sellers of real estate.
It is critical that until you have chosen a REALTOR® to represent you, you do not disclose any confidential information that could compromise your negotiating position. Once you've chosen your REALTOR®, you may then confide in them as your fiduciary, since they then become obligated as your agent to represent your best interests.
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