SmartMoney Magazine originally published an article and several websites (MSN and Yahoo - among many others) recently re-published this very same article about real estate on "10 Things Your Real Estate Broker Won't Tell You."
Interestingly enough it related to an open house I hosted for another agent this past weekend.
Here's the item #4: “I’m not obligated to keep my mouth shut for you.”
You spot your dream house as you’re driving through a neighborhood and call the broker listed on the “for sale” sign. That’s how a lot of buyers stumble on a broker—who, in turn, happily shows you other houses, asking about your needs, laughing at your jokes. It’s easy to get loose-lipped and forget whom you’re dealing with: someone else’s agent. “Legally, brokers are obligated to provide their sellers with any information that can help them get the best prices for their homes,” says Stephen Israel,...