Buying or selling a home is often the most significant financial decision of a lifetime. Yet, it is surprising how many consumers enter this process without knowing exactly who their Real Estate professional represents.
In New York State, the law is clear: Licensed Agents and Brokers must provide a written Disclosure Form to all potential buyers, sellers, tenants, and landlords at the very first "substantive meeting." This isn't just more paperwork—it’s a vital protection for you.
Know Your Options Becoming an educated consumer means understanding your choices before you sign a contract:
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Seller’s Agent: Works solely for the seller and has a fiduciary duty to get them the best price and terms.
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Buyer’s Agent: Works solely for you, the buyer. They are your advocate, helping you navigate inspections, negotiations, and value assessments.
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Dual Agency: Occurs when one broker represents both parties. This requires informed, written consent from both the buyer and the seller.
You owe it to yourself to understand these roles. Whether you are looking for your first home in Chatham or selling a multi-generation farmstead, make sure you know exactly who is working on your behalf. Before you start your search, let’s sit down and discuss how we can best represent your interests.
