To Use A Disclosure Statement Or To Not Use A Disclosure Statement: That Is The Question
I know I am opening up a real can of worms here, but how often in our careers as real estate agents has this question arisen? This article and news clip was on CBC last night and really nails the issue. I believe the rule is, "Disclose, disclose, disclose....and if in doubt: DISCLOSE".
This real estate agent and seller may have gotten away with it, but I personally think the agent should be reprimanded for a breach of ethics....Do we not have a code of ethics? I recall that we do, as I had to learn it when I took my licensing course. This kind of thing makes the rest of us look bad; untrustworthy.
Personally, I would have let the seller go as a client, rather than have my name tied to the result. There is plenty more business than just this one sale out there: All the details should have been disclosed.
On another point, the infra red tool that they mention the inspector did not have should be a mandatory tool in their tool kits if they want to be licensed inspectors. The client needs, is paying for and deserves protection. This man and his wife just bought the house, just had their baby, and now cannot live in the lower part of their home a all as a result of deliberate concealment of ALL the facts behind the original issue that was "resolved".
News flash for the seller: Band-aids don't stop hemorrhages. Too bad there isn't a lawyer out there willing to do a little pro-bono work to help this guy and his young family. I feel for them.This buyer is right: This is DISGUSTING.