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What can a buyer's agent do/not do?

Asked by , Sun May 13, 2007

What restrictions are placed on a buyer's agent when it comes to recommending homes? i.e. I've heard that a buyer's agent can't say "This house has a good high school" and can't "steer" a client towards particular homes... Can a buyer's agent inform his client about known future events that will affect the value of a prospective house?
Are these some sort of regional laws?

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As a buyer's agent, we have an utmost responsibility to disclose any known information pertinent to the property's condition, value, hazards, and so forth. California has extensive seller disclosures that cover everything from insurance claims against the property to errant golf b-lls. What we cannot disclose are those things that are discriminatory. As for school, crime, health and demographic issues, we don't hesitate to mention helpful websites.
0 votes Thank Flag Link Sun May 13, 2007
Roberta Murp…, Real Estate Pro in San Diego, CA
MVP'08
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If you're in the mood for some light reading, check out the full text of the fair housing act (excerpt linked to below).
0 votes Thank Flag Link Sun May 13, 2007
If you would like a copy of what a buyer's agent can and cannot do - I will be happy to email or fax it to you.

678.409.8627.

My document is for Georgia, but I am sure that most parts are uniform between states.
0 votes Thank Flag Link Sun May 13, 2007
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