Recent reforms in the disclosure laws and real estate practices around the country have resulted in new options for buyers and sellers. Real estate agents can take different roles with buyers and sellers.

A seller's agent works with loyalty and fidelity as the seller's advocate and negotiator, and is obligated to disclose to potential buyers all adverse material facts that are known about the property.

A buyer's agent works exclusively to negotiate the lowest purchase price and best terms for the buyer. This agent serves the buyer with undivided loyalty, confidentiality, and full disclosure. The agent would know the highest price that the buyer would be willing to offer for a home, but could not disclose that information to the seller.

A dual agent can work for both the buyer and the seller by written, informed consent of both parties and has fiduciary obligations to both. The agent can only disclose to one party what the other party allows to be revealed.

A transaction broker assists the buyer or seller or both throughout a real estate transaction without being an agent or advocate for any of the parties.

	See All Tips In The "Working With An Agent" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Thomas R. Gross
RE/MAX Action Realty
1126 Horsham Rd.
Maple Glen, PA 19002
Office: 215.358.1100 x1155
Direct: 215.358.1155
Cell: 215.450.9323
Fax: 215-358-1154
Email: pennahomes@NUMBER1EXPERT.com

Come home to a new level of real estate comfort with one of America's NUMBER1EXPERTS™ in the Horsham area, Thomas R. Gross. I am in the top 1% of all REALTORS® nationally, servicing all of Bucks and Montgomery County, Pennsylvania. Just call or email me!

www.pennahomes.com is brought to you by Thomas R. Gross, real estate for
Horsham, Hatboro, Ambler and North Wales, Pennsylvania

Read Thomas R. Gross' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge