- Should the seller be present during a showing?
- What is a seller required to disclose?
- Does no longer on the market mean sold?
- Can Buyer Sue seller after closing?
- Can someone sue you after buying your house?
- Can a real estate agent refuse to show a property?
- Why would Seller remove listing?
- Can I sue my realtor for not disclosing?
- Do sellers have to disclose mold?
- Do serious buyers go to open houses?
- What happens if I change my mind about selling my house?
- Do you have to pay an estate agent if you decide not to sell?
- Do you give your realtor a gift after closing?
- What happens if a seller does not disclose?
- Does a Realtor have to disclose flooding?
- Can your realtor lie to you?
- Can a realtor show a house before it’s listed?
Should the seller be present during a showing?
It is best for sellers not to be present during a showing because it can make home buyers uneasy.
Having the seller breathing down their necks is not a relaxing way to view a home, and it may affect their ability to explore the home objectively.
Leave the showing in the hands of your real estate agent..
What is a seller required to disclose?
As a seller in California, you must also complete an additional disclosure form, the Natural Hazard Disclosure Report/Statement, prior to any home sale. … You will need to include information about all appliances in the home, including which are included in the sale as well as whether they are operational.
Does no longer on the market mean sold?
“No Longer On The Market” Can Mean Sold, Too Other ways a seller could employ it include indicating that they’re renovating the listing and it’s not ready to show, or that buyers have made acceptable offers but the paperwork isn’t final.
Can Buyer Sue seller after closing?
The legal rule of caveat emptor basically means that once you buy the home, whatever you paid for is what you got, and buyers have a limited ability to sue the seller for any defects discovered. … The buyer cannot rescind the real estate contract after closing if the defects could have been discovered in an inspection.
Can someone sue you after buying your house?
Here’s the good news. You are (probably) within your rights to sue someone who knowingly sells you a house with serious problems. “Most U.S. states have a home seller disclosure law that requires a seller to disclose defects in the home that they are aware of.
Can a real estate agent refuse to show a property?
Yes, a real estate agent can refuse to show a property. … Meanwhile, the seller’s agent can turn down a request from a buyer, or their agent, to view a home, as well as turning down a request from the seller to show the property to a potential buyer. This usually comes as a huge surprise to people.
Why would Seller remove listing?
A listing can be removed for a number of reasons, and does not mean the property was sold. It may have expired, the sellers decided to not sell, the property was damaged, etc. … It means that the seller has decided to wait to sell the house or has changed their mind about selling.
Can I sue my realtor for not disclosing?
You can only sue a person for non-disclosure if he or she in fact had a legal obligation to disclose something to you. Usually this is not an issue since these lawsuits typically arise in the context of a purchase and sale. The seller has a legal duty to the buyer due to the existence of their contractual relationship.
Do sellers have to disclose mold?
In fact, in California both the home seller and the seller’s real estate agent must fill out several pages of disclosure forms attesting to a home’s condition. California home sellers aware of the presence of mold or water damage indicating possible mold contamination in their homes must disclose that fact.
Do serious buyers go to open houses?
Your open house may not attract a serious buyer, but it can attract new clients for the agent. Public open houses are potentially dangerous since there is no way to distinguish between a serious buyer, someone who’s just looking, or someone who has bad intentions.
What happens if I change my mind about selling my house?
No one can force you to sell a home. But if you have already signed a contract with an agent and then changed your mind, you cannot sell the property for the time mentioned in the agreement. Yes, your property will be withdrawn from the listings, but that does not free you from the contract.
Do you have to pay an estate agent if you decide not to sell?
The estate agent in the contract is the only one allowed to sell your home during the period stipulated. And you will have to pay that estate agent, even if you find your own buyer. … It means you have to pay the agent for finding a buyer, even if you decide not to sell.
Do you give your realtor a gift after closing?
You’re not required to give your realtor a gift after closing. In fact, realtors and other real estate agents rarely get gifts at closing. … Many realtors are pleasantly surprised when a client sends them a gift after closing because it’s not expected; however, it’s greatly appreciated.
What happens if a seller does not disclose?
Failing to disclose or concealing a defect can lead to a variety of potential damages. First, buyers can sue for breach of contract and intentional misrepresentation and seek either rescission of the sale or the costs to repair the alleged defects.
Does a Realtor have to disclose flooding?
In California, a seller and/or their real estate agent has a duty to disclose to a prospective buyer that a home is located in a flood hazard area. This information is known as a material fact because its disclosure will likely affect a buyer’s decision in whether or not they go through with the property transaction.
Can your realtor lie to you?
Those rules and laws would prohibit the real estate agent from lying, but the agent has the ability to market the property to get the seller the best price possible. … If the seller has other offers, the listing broker usually will come back to you and ask for your best offer.
Can a realtor show a house before it’s listed?
Typically, an agent is not allowed to market nor advertise these expected listings directly. This mandate is often interpreted to mean no solicitation of purchase offers, no showings before the home being on the market, no private back-door dealings.