Home Buyer Advice Videos
Home buyers are often confused about the agency relationship in Massachusetts. The questions which often arise is,
- Who represents me, and who represents the seller?
- To whom is it okay to say what?
- Who pays for the buyer agent's compensation?
The confusion sometimes translates into a reluctance by buyers to sign buyer agency agreement, due to the concern of owing a commission in excess of the home price.
Most likely, at least in the Boston Area, this is not the case. There are exceptions and I review them with you, and the issues you need to consider, in the first video.
The next video reminds home buyers the agency relationship and fiduciary obligations of the agent they meet at open houses. Buyers often give these agents too much information, despite the open house host representing the seller. Here is what home buyers should keep in mind on next Sunday's open house tour.