The down real estate market brings new cautions to brokers. I am an associate broker at an office in Westchester County, New York. Our office manager is always reminding us of what a litigious society we live-in. She is, of course, correct. Before I ever accept a bid from a buyer client, they receive CMA just a seller would. They can come to an educated decision before they put in an offer to purchase. However, many buyers did purchase at the high so, are we insulated from litigation? I believe if you do the right thing by clients it will go a long way to prevent being sued.
Read today's New York Times Article, Feeling Misled On Home Price, Buyers Sue Agent
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