Buyer's Disclosures Page
You should be aware of the following disclosures required by law:
- Buyer Agency. Up until recently, if you were looking
for a home to purchase, you only had one way of working with a real
estate associate–an agent could only show you homes on behalf
of the seller. As a buyer “customer,” you were not represented
by anyone other than yourself, negotiation over price and terms were
entirely your responsibility. However, since the early ‘90’s,
Buyer Agency has enabled buyers in Delaware to have a sales associate
act on their behalf in all negotiations. This insures that buyer’s
interests are upheld. When you sign a Buyer Agency agreement, you become
my “client” and I will be bound by this written agreement
to be your advocate in the finding and purchase of your own home.
- Contracts. Applicable laws and regulations do not fix most terms of real estate agency contracts. These terms, including the broker’s commission and the time period of the listing, are contractually set by negotiation between the parties.