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Open Houses in Gaithersburg- Be Careful When Touring
Do you like to visit open houses in Gaithersburg?  Many buyers love to tour homes not just as serious buyers but also to get ideas for decorating or just to see what's on the market in their neighborhood.  If you're a serious buyer in Maryland, you need to be aware of something very important:  THE AGENT YOU SEE SITTING AT THE OPEN HOUSE IS REPRESENTING THE SELLER.  Maryland agency law recently changed and now the agent sitting in the open house must display the sign above in the home where it can easily be seen by you when you enter.  You should see this sign in all Maryland open houses in Gaithersburg and in other areas of Maryland.
So, this new law means that you need to be very careful when talking to that agent.  All it takes is one innocent-sounding comment coming from you that the agent can, and most likely will, use against you.  Your conversation with that agent is not confidential.
This new notice goes on to let you know that you should have buyer representation which means you should be working with a buyer agent who is representing your interests and only your interests.  That means that you will also sign a Buyer Agency Agreement ... more

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