Recently While Showing Houses I Noticed
Disclosures, Disclosures, Disclosures!
State of Massachusetts requires the seller
to disclose if he or she is licenses real estate agent.
Here's a story from Hannah Williams
Recently While Showing Houses I Noticed
Recently While Showing Houses I Noticed
Recently while showing houses I noticed the houses were owned by Real Estate agents . These facts were not discovered before showing the property. I discovered ownership either while showing or after . I am aware in every state Real Estate laws vary and that is what inspired me to write this post . In the state in of Pennsylvania it must be disclosed that the seller is a licensee Real Estate Agent in the State.. One of the main reasons for this is as an agent they have more knowledge then an everyday person . I have also been told it is required by the Pa. Real Estate Licensing Act.
Selling my house I would certainly put this information in the MLS I would be sure I dotted my I 's and Crossed my T's . In today's world it is so important to disclose information to the buyers . Just putting this information in a sellers disclosure in my humble opinion is not enough . This information also must be in the agreement of sale ."The seller is a licensed agent in the state of Pennsylvania" must be written is a given fact.
Now to be clear I am not an attorney I do not give legal advise . I am only a Real Estate Agent just qualified to fill in the blanks of the agreement of sale . I have been selling Real Estate for thirty years. In Pennsylvania we take the seller/buyer to closing without attorneys . We use Title Company's to settle/consummate the transaction . If they need legal advise I refer them to a list of Real Estate attorney's . Again I do not give legal advise or presume to practice law . I know whenever I sell my own property I disclose it everywhere in the MLS, sellers disclosure ,and the agreement of sale .
To add to this information the same is required when buying a house.
You must disclose on the agreement of sale that you are licensed in the State of Pennsylvania when buying the property for your own personal interests .
I even add this when I am selling a relatives house just to be safe
Some may say I am overly cautious but I was taught to prepare every document as if you had to defend it in court .
What is required in your State when a Licensed Real Estate Agent ,Broker or Appraiser Sells or Buys His/Her property
Let HelpfulHannah Help You with you Real Estate needs
Re/Max Eastern
215 953 8800
215 953 8818
cell anytime 215 820 3376
HannahRemax@GMail.Com
Pictures are by Hannah Williams not to be duplicated without permission .HelpfulHannahs.com is a Real Estate website please visit it if you are interested in information about homes or any information about the Philadelphia or Bucks County Pennsylvania area or call me direct 215-215 953 8818 or by cell 820-3376 i will be glad to assist you.Unless otherwise noted, the content, both written and in pictures,are the property of Hannah Williams. If you wish to use something you see here,( please ask for permission) Most likely I will oblige, with a link back to my original content as well as an acknowledgment. Thank you to all my friends,neighbors and clients who allowed my to use their photos and videos maybe you will get to Hollywood Ca
To SEARCH for HOMES PLEASE VISIT HELPFULHANNAH.COM
Comments (10)Subscribe to CommentsComment