When Kristen Martinez and her family bought a home in the Seattle area two years ago, she specifically asked about the electrical wiring. “We had been told [by the seller] when we bought the house that there was no knob-and-tube wiring,” Martinez says. This older form of electrical wiring is less resistant to damage and … Continue reading You Could Be the Fall Guy for Your Seller’s Lies
A common phrase attorneys on Florida Realtors Legal Hotline hear is that a licensee “represents the transaction” when working with a buyer, seller or both in a transaction broker relationship. This isn’t technically correct because a transaction broker provides a limited form of representation to a person, unless they’re providing services to both sides and … Continue reading Does a transaction broker represent the transaction or the person?