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Old 05-07-2008, 06:38 AM
 
Location: Charlotte, NC
195 posts, read 473,241 times
Reputation: 56

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Thanks for the insight. Keep in mind you can give them the same advice, but anything they tell you is not protected. You have no fiduciary duty until they sign the dotted line.
This still is off topic though. Please read the topic- If you have relocated or are looking to relocate and buy a home in the near future; how have you or will you find a real estate agent?
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Old 05-07-2008, 02:51 PM
 
Location: Gorham, Maine
1,815 posts, read 4,263,359 times
Reputation: 1240
Quote:
Originally Posted by Kari Strong View Post
Thanks for the insight. Keep in mind you can give them the same advice, but anything they tell you is not protected.
Sorry for staying off topic, but that is not true in the state of Maine. Real Estate Agents are not permitted to advise any party without a written agreement for representation.
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Old 05-08-2008, 11:18 PM
 
Location: Columbia, SC
8,833 posts, read 17,419,951 times
Reputation: 6174
I'm going to stay off topic too since that is where it's gone. In SC to represent the buyer we MUST have an agency agreement. Otherwise the agent is a subagent of the seller and owes fiduciary duty to the seller.

On top of that, there are very few "good" agents that will work with a buyer w/o the agency agreement. A good agent should be able to able to explain agency benefits. Perhaps hesitancy to sign an agency is preventing a buyer from getting a good agent as the desperate ones won't stick to their guns. Also, a good agent will normally not make a buyer keep working with them if it's not a good fit.

To the OP, most relocations involve a referral.
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