For some reason people don't think sharing complete information with the their agents is necessary.
Even in the disclosure process many sellers do not want to share the whole truth.
Agents have legal and ethical issues they face if they knowingly contribute to falsification of disclosures.
I have had clients make representations which were not lies...in fact they didn't really know the correct answer. The problem is as, a professional, I could see the material flaw (problem) but am not licensed to definitively state the electrical outlet that was charred black should be replaced. That is for an inspection company or electrician to decide.
I can see rust stains on a furnace but cannot tell you the air conditioning line is leaking unless I visually see a leak, even then it might not be the air conditioner...it could be the humidifier.
What I can tell you is if the seller moves and turns off the electricity...I should be told. If the seller stops making payments and I read in the legal news a foreclosure process has been started that would be nice to know so I can adjust how we sell.
Buyers do things that hurt their opportunities to buy just like sellers hurt their options to sell. Buyers can make a purchase that reduces their credit score. Dropping them below the credit score minimum requirements to get a loan. It may not be much. I had a client drop 10 points below for canceling a credit card. I have had others that bought new vehicles to go with their new house before close.
It seems silly but sharing information...all of it with your Realtor could save you a sale or purchase. It could also save you disappointment. Being open and honest with the professional helping you is built on trust. If you don't feel you can trust your agent....you have the wrong agent.
What have you had happen to you?
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This is so very true. I have had this happen with both buyers and sellers and then they want to yell at the agent when something goes wrong in the transaction. It's like this...if you want to win the game you need to share the strategy with everyone playing on your team! I agree with you!