buying a flat in hampstead / north west
london
A Buyer's Agent vs. A Seller's Agent
If you’re a home buyer working with the seller’s
estate agent, you should keep certain information to
yourself.
Remember, the seller’s agent is duty-bound to
"report to their client (the home owner) anything
that would be useful", which definitely includes
information such as the maximum amount you’re willing
to offer on a home, if the owner doesn’t accept
your first offer.
Although most seller’s agents will warn you about
their obligation to relay all information to the seller,
you should still keep confidential information to yourself
when dealing with a seller’s agent.
To avoid these concerns about confidentiality, many
home buyers will hire a buyer’s agent. The buyer’s
agent’s allegiance, including confidentiality,
is solely to the buyer.
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