Start the Home Buying Process Strong
Start strong. Protect yourself and your interests as a home buyer. Don't skip the critical first step out of the gate: clarifying the role that your real estate professional is going to play for you. Agency disclosure clearly defines that role. Are they a seller agent? Buyer agent? Dual agent?
It is in your best interest not to reveal any confidential information to brokers or agents who do not represent you. If you want advice and advocacy, find a buyer´s agent who will pledge to be on your side throughout your transaction.
Before you get into the starting gate, do your homework and clearly define the expectations you have for a broker. Are you comfortable working with a seller agent? Do you want a buyer agent to be assured that your best interests as a home buyer are being served?
What is Agency Disclosure in the Massachusetts Real Estate Market?
Have you identified the type of agent you want and interviewed multiple agents to select the best fit for you? Then you are then ready to complete the agency disclosure form with your agent to have your agreement in writing.
Agents are required by law to provide this form to you when you first meet to discuss a property. A sample disclosure form from the state demonstrates how licensees are required to disclose whether they represent buyers, sellers, or both.
Protect your interests and do not rush to agree to an agency disclosure that does not fit with the type of broker that you want. Hastily agreeing to an agency disclosure can be very costly.