Making Real Estate real easy.
Ray Dennis
I have a team of buyer specialists ready to
serve you with your purchasing needs
Duties of Buyer's Agent
A real estate agent who acts on behalf of a Buyer has a
fiduciary duty of loyalty to the Buyer. In practical terms, that
means the Buyer's agent is concerned with the Buyer's best interests
in the transaction, and the agent should attempt to obtain for
the Buyer the most favorable purchase price and terms. As a Buyer's
agent, the agent is not the Seller's agent, even if by agreement
the agent may receive a commission from the Seller. A Buyer's
agent has affirmative fiduciary obligations and duties (to the
Buyer) of loyalty, obedience, disclosure, confidentiality, reasonable
care and accounting in dealings with the Buyer. A Buyer's agent
also has the obligation to both Buyer and Seller to:
- Exercise reasonable care, skill and diligence in performance
of the agent's duties.
- Act honestly and deal fairly in good faith.
- Disclose all facts known to the agent which materially
affect the value of property that are not known to, or within
the diligent attention and observation of, the parties.
Ray Dennis, Broker/Associate
Coldwell Banker Mid-America Group,
Realtors
(515) 274-BEST
Expect the best.
Your Des Moines Iowa
Connection
Ray Dennis is a real estate broker,
licensed to do business in the State of Iowa as a broker/associate
with Coldwell Banker Mid-America Group Realtors with it’s
office in West Des Moines, Iowa. Copyright
©2010 RayDen Enterprises. All rights reserved.