Realtors’ Responsibilities May Not Be To You

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Realtor Legal Obligations

When you hire a real estate agent, you assume that they’ll have your best interest in mind. If you’re a seller, you hope that they’ll get you the highest offer therefore profit for you so you can buy something bigger and better. And if you’re a buyer you hope they’ll find you your dream home at your dream price. However, many people are always wondering if realtors are just in it for their commission or that they’re accepting lower offers just to sell a home.The reality is that, in many cases, real estate brokers and agents don’t actually have legal obligations to look after their clients’ best interests. According to housingwatch.com, laws in 25 states now allow brokers to serve buyers and sellers as transaction brokers or facilitators without the traditional fiduciary duties of loyalty and obedience. All 50 states allow brokers to double end a deal, meaning to work with both the buyer and a seller in the same transaction so there’s no split in the commission. However, neither parties get full representation.So homebuyers shouldn’t assume their brokers work with their clients’ best interest in mind until they have a written disclosure describing the relationship. Both buyers and sellers can negotiate the commission rate to a figure they are comfortable with. When you find your dream home, contact the West Palm Beach movers for reliable moving services. We’re part of the All My Sons Moving and Storage moving company family, and are backed by four generations of movers. All My Sons Moving has offices across the U.S. to better serve our customers in Nashville, Birmingham, Jacksonville, Atlanta and Salt Lake City.The West Palm Beach moving specialists will quilt pad wrap your furniture and help you assemble the heavier and more complicated household items such as your bed. All My Sons of West Palm Beach offers residential moving services, commercial moves as well as auto moves and long distance moves. In the residential moving area, the local West Palm Beach movers serve customers in single-family homes, condominiums, rental apartments and townhouses. We can also help when it comes to packing and save you the hassles of looking for moving boxes and bubble wrap. So when you’re ready to hire your expert moving crew, make sure to call the West Palm Beach moving company.

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