Worcester County Ma.Real Estate 101

If you are buying a new home in Worcester County you must understand the  difference between the two agency types in that purchase. Using the wrong agency  ( Agent of the Seller or Agent of the Buyer) can certainly affect how much you  spend and how you are represented. Real Estate Law requires that an agent now  disclose to a potential buyer who they represent. This is generally done in an  early meeting between the two parties via an agency disclosure form. This tells your new customer that  you will be representing the buyer and not the seller as is typical in most real  estate transactions… I think you can see the obvious benefits of having clear representation. Make sure your Worcester County Real Estate professional makes their representation clear to you.
While a seller’s agent is bound by law to fairly represent you there are no guarantees that they will be diligent about protecting you. There are buyer agency companies that charge a fee to represent a buyer and there are  standard real estate companies that simply will have you sign an agency disclosure form advising you who they represent. Things can get quite ambiguous, especially for a buyer.  Make  sure you get fair representation. The National Board of Realtors outlines the code of ethics found here http://www.realtor.org/mempolweb.nsf/pages/code Our website can provide you with more information here.