Can A Sellers Agent Or Subagent Truly Help Me Buy Arizona Real Estate?
Without a buyer’s agent, you’re legally on your own. The seller’s agent or subagent is, in fact, working for the seller and is the seller’s legal representative. True, a seller’s agent or subagent can offer buyers some services, including an explanation of available financing, calculation of costs, and presentation of your offer. However, what a seller’s agent cannot do is disclose to the buyer information not in the best interest of the seller, e.g., an opinion of the home’s real value or what price and terms the seller would accept. By effect of law, the seller’s agent or subagent must negotiate on the seller’s behalf and may not withhold information that could strengthen the seller’s bargaining position. That means you, as a buyer, must not disclose to the seller’s agent or subagent any information, financial or personal, that could possibly be used against you.
