please help?

Question

in some states, real estate agents are legally required to
a) back up the claims their clients make about home conditions
b) appraise the values of the properties they sell
c) hire home inspectors to perform pre-sale inspections
d) pay the fee for the pre-sale home inspection

Answer 1

In some states, it's the responsibility of the buyer to do all that... in fact I've never heard of it being the realtors job, but I haven't bought real estate in every state.

Answer 2

I'm not exactly clear on what your question is so I will address your comments:

a) Realtors are required to do a diligent inspection of the premises on behalf of their clients. Any notations that are made on the Transfer Disclosure Statement could be used in a court of law. However if a buyer purchased a home that they knew had x & y wrong as evidenced by the TDS and/or a home inspection report, then the Buyer purchased the home with full disclosure and probably couldn't prevail using ignorance as a reason for the remedy.

b) a agent is not an appraiser but they are qualified to give a very close value on the property in question. As a condition of purchase, a buyer could opt to include an appraisal contingency for which the buyer is responsible to obtain for verification of value.

c) it is up to the Buyer to choose an inspection company on a property he/she would be considering a purchase on. Realtors can provide a list of inspection companies but the buyer must make the choice, hire and pay for the inspection.

d) In no circumstance is there a requirement that a Realtor pay the fee for a home inspection either prior to listing, or during the sale as a representative of the Buyer. If a Realtor chose an inspector and paid for an inspection that didn't turn up a significant defect in the property, liability could extend to the Realtor in the event there is a problem. This is why it is up to the Buyer to do or hire inspections.

Answer 3

so what is your question?