They're just trying to be as certain as possible about YOUR ethical standards. No one wants to spend months of their valuable time showing you properties and working with you if you're going to turn around and make a deal behind his back or buy a house using another agent. The agent who asked you to sign a contract just wants a fair playing field.
Read carefully ANY contract you're ever asked to sign - don't be afraid to ask questions. But a Buyers Agent Contract is a pretty standard thing.
2007-07-17 05:38:43
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answer #1
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answered by conceptual 4
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The ethics are not nearly so important in getting one to sign such a contract as they are in performing the duties expected under such a contract.
An agent should clearly explain to a potential client what will be performed under such a contract, as well as explaining that fees due under such a contract are the responsibility of the buyer who signs same.
2007-07-17 05:32:12
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answer #2
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answered by acermill 7
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Not sure exactly what you mean. It is totally ethical to represent a buyer in a real estate transaction.
2007-07-17 05:32:53
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answer #3
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answered by QuarterRoy 2
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There are two codes of ethics you must contend with.
One: your ethics expectations from your agent and that should be discussed with and agreed to between you and the agent.
Two: If the licensee is a member of the REALTOR's National organization then that licensee's ethics code that he agreed in writing to abide by. You should have the licensee explain those to you To see that code go here
REALTOR's Code of Ethics
http://www.realtor.org/mempolweb.nsf/pages/code
Finally the ethics issue is one that provides additional assurances to you of the licensee's conduct.
The law of the state promulgated by the Real Estate Commission of your state in their rules and regulations as they interpret the Statutory Provisions codified by the State Legislature is what protects you.
Best of luck to you
2007-07-17 05:55:18
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answer #4
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answered by newmexicorealestateforms 6
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