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It’s American Home Week, and one member of the Piedmont Board of Realtors here in Rappahannock offers a service some home buyers may not be familiar with.
If you’re ready to buy your first home, you want to consult a real estate professional—someone who can assist you with mortgage qualification, financing options and simply help find the right home to meet your needs. In short, you, like most buyers, want an agent who will act in your best interest.
You may not know, however, that most agents represent the seller, largely due to the rules of multiple listing services whereby agents who show properties are usually accepting unilateral offers of subagency from the listing agent. Therefore, they are subagents of the listing agent and represent the seller. Seller representation is assumed unless there is a written disclosure to the contrary.
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