Don't ignore flaws

Article Abstract:

A real estate professional should know about a material defect that could influence a buyer's decision to purchase or cause the buyer to offer a lower price, and if he didn't discloses it, he is still considered as liable for innocent misrepresentation. However, real estates associates do have a duty to use their powers of observation in a reasonable and orderly way to spot flaws that are clearly visible.

Powers and duties

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Measuring up

Article Abstract:

Real estate agents need to make sure that they are upholding the standard of care set for real estate professionals. To do this, it is important to recognize the sources that set the standard, including Congress, states, departments of real estate, contract, individual expectations, the Code of Ethics, state realtor associations, local associations and geography.

Product standards, safety, & recalls, Standards

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Don't get in a fix

Article Abstract:

The process of spending more time by the sellers and buyers in discussing repairs costs and credits as insisted by the real estate practitioner, adds risk of potential legal liability. The steps to be followed by the seller to avoid this are discussed

General services, Marketing procedures, Commodity & service prices, Real Estate, Real Estate and Rental and Leasing, Prices and rates, Maintenance and repair, Real property, Customer relations, Company pricing policy

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