Saturday, January 23, 2010

Relocating to El Paso- Fort Bliss | Find Homes For Sale

As a Buyer’s Agent and REALTOR® I have access to any property in the El Paso Tx , Fort Bliss and Horizon City area no matter who listed the property. So even if the house is a foreclosure a Buyer's Agent can and will get you access to the property.

When searching for a home it’s important to be independently represented. If you contact the selling agent a/k/a the LA you are talking to the agent that represents the seller ONLY. The LA may get you to sign with him/her and may or may not tell you that they will act as an Intermediary. As you may know the Seller’s Agent does not owe you any duty to protect your interest. But when he says he will represent both seller and buyer he must not disclose any confidential information to you about the seller and vice-versa and he must disclose material information to you and vice versa. It gets pretty sticky when, as a seller’s agent, you already know so much about your seller and now must act as an impartial party to the transaction.

I have never and will never act as a intermediary because of the possible conflict of interest this presents. This is the only licensure that allows dual agency. As you can see I feel passionate about this subject because home buyers are not aware of the fiduciary duty owed to them by agents. It’s like appearing in court with the same attorney as your opponent. I use this analogy because I was in the legal field for 20 years.

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