NY State Licensed Associate Broker
Keller Williams Landmark II
Mobile: (917) 734-2012
But illegal/unethical behavior I find is rare, and such agents usually get stopped pretty quickly. It's like food poisoning--yes, it happens, but the Health Dept steps in to put a stop to it, and it's quite unusual.
The agents you meet at open houses are working for the seller. They are bound, by law, to represent the best interests of the seller and to use any information you let slip to further the best interests of the seller.
Because we agents are friendly and nice, buyers think it's unethical for seller's agents to share info with the owners. But actually, we have a legal obligation to do so. We also have an obligation to disclose our agent relationship to buyers, although at open houses, NY State assumes you know who that agent is working for. But many buyers forget, and some agents will try to use buyer confusion to help their sellers (their clients).
Real estate agents are similar to attorneys in this aspect. You would expect your attorney to look out for you in every way, to press for every advantage for your side. If they helped the other side at your expense you would be angry, and rightly so. If they found out something about the other side that helps your case, you would expect them to exploit the advantage. We agents are in the same boat.
To even things up for you, as a buyer, insist that your agent disclose in writing as a Buyer's Agent. Then we are working for you, not the seller, and you have proof in hand. Your agent legally owes you confidentiality, loyalty, duty to account, obedience and a bunch of other nice things.
In New York City brokerages routinely share commissions with Buyer's Agents, so you do not have to worry about paying your agent a separate fee. I do a lot of work in Brooklyn too as a Buyer's Agent, and I have yet to find a brokerage in Brooklyn that isn't excited to cooperate with me and my buyers. I would be happy to help you more, please feel free to contact me.
Licensed Real Estate Salesperson
New York, NY
The decision to buy or sell a home is one of the most important financial decisions most people make, yet many give little thought to finding the real estate agent best suited to their needs.
Agents are often chosen solely on the recommendation of a friend or an ad in the newspaper. But choosing the right agent can save you time, effort and aggravation in finding the perfect home at a price you can afford or selling your home quickly for top dollar.
174 Fifth Avenue #301
New York, NY 10010
Office: (212) 367-7200 Ext.18
Cell: (646) 269-4942
Real Estate Agents in general, are a highly ethical bunch. As in any profession, you'll find a few bad apples, who spoil the entire barrel.
Interview a handful of agents, see who strikes you as most ethical. Ask them the type of ethics questions you'd like answered, and see how they respond. You can meet lots of agents at open-houses, where we're used to meeting the public. It's a no-pressure place to meet agents, and not feel any obligation.
I suggest that you write a list of qualities you want in an agent, then ask for referrals from friends, family, co-workers, etc. Interview those agents and through that you should have a good feel of which would be a good fit. Then give that person the same respect you expect from them, loyalty, honesty, open communication.
Have an amazing day!