The Real Estate Agent Rights and Obligations
The majority of home sellers hire a real estate agent to market and sell their homes. Sellers must understand the fiduciary duties that real estate agents owe them and how to spot and avoid common broker scams.
- REAL ESTATE LEGAL GUIDE FOR THE HOME SELLER
- » General Legal Rights and Obligations of a Home Seller
- » Selling a Home that Is Foreclosed
- » Selling a Timeshare: The Legal Aspect
- » Flipping a Home: The Legal Aspect
- ⇒ The Real Estate Agent Rights and Obligations
- » Legal Mistakes During a Home Sale Process
- » Home Selling and Disclosure Requirements
- » Inheritance Legal Issues Involved with Real Estate
- » Title Issues Involved in Real Estate Transactions
- » Real Estate Contracts and Agreements
- » Resolving Real Estate Disputes through Alternative Dispute Resolution
- » Real Estate Lawyers: What They Do For A Seller
Interviewing Your (Potential) Real Estate Agent: What to AskWhen there is the potential for purchasing real estate, the person considering buying a property should contact a real estate agent. In order to complete the process of obtaining an agent, it is important to know what to ask him or her before the hiring is accomplished.
Read more- Most Common Reasons Real Estate Agents Get Sued
Real estate agents often face lawsuits when they are negligent in duties or responsible for injury, and this could occur if the agent is the person held accountable for disclosing property defects to the buyer. Other real estate agents face civil litigation because they engage in fraud and scams that could harm the buyer and seller.
Read more - Unauthorized Practice of Real Estate Dealings and the Invalid Agent
Some real estate dealings are invalid due to an agent not actually authorized to sell a property, the person not having a legitimate license to sell or when the house is already in the process of being purchased.
Read more - Claims Against Real Estate Agents
Real estate agents occupy a position of trust. Quite often, they are involved in transactions that represent the largest monetary value that their clients have ever encountered. As such, real estate agents may be subject to a number of legal claims.
Read more - Flipped House For Sale - Does Realtor Have a Duty to Disclose It Was Flipped?
It is important to understand about your disclosure requirements before putting your flipped house on the market. Here are some guidelines to help you with this process.
Read more - Buyer Claims Against Real Estate Brokers
In some real estate transactions, buyers might have claims against the brokers that represent them or the broker for the selling party. Here are some of the most common reasons why such claims arise.
Read more - Avoid Real Estate Broker Fraud
Here are some of the most common ways that real estate brokers commit fraud and how to avoid them.
Read more - Real Estate Broker Fraud Scams
Real estate brokers have many obligations when it comes to the selling process. Certain actions may rise to the level of real estate broker fraud.
Read more - What Is Real Estate Broker Fraud?
Real estate broker fraud is a serious crime that can result in the loss of a real estate brokerage license and even criminal consequences.
Read more - Short Sale Scams and Real Estate Broker Frauds
During short sales, real estate brokers must take careful action in representing the home seller. If the process is not completed properly, a claim for real estate broker fraud may arise.
Read more - Disclosure Duties in Real Estate Sales, and Liability for Real Estate Fraud and Undisclosed Defects
Home sellers and their agents have certain duties related to the property. Not fulfilling these duties can result in legal action being taken against them.
Read more - What are Fiduciary Duties?
Real estate agents and others owe their clients a fiduciary duty to look out for their best interests.
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