Sam Schneiderman, broker owner of Great Boston Home Team (our Monday guy) asks questions about how a consumer can sort through advice and choose the best course of action.
There are lots of opinions and expectations about what an agent should know or be responsible for, but realistically, an agent can not be as knowledgeable and up to the minute on the specialties of an attorney, inspector, radon tester, financial consultant, etc.
The spirited discussions over my last two posts highlight important questions for consumers, agents, inspectors, attorneys, lenders and others involved in the process of helping buyers and sellers achieve their goals in a real estate transaction. They are:
Whose advice should buyers or sellers take?
Everyone from relatives and friends to the pros that are hired in a real estate transaction will have some advice to lend. The question is whose advice to take. Mine, our readers, some website, your agent’s, inspectors or attorneys?
Where are the lines between what the various professional advisors are responsible for?
Should an agent be responsible for knowing such things as the EPA protocol that inspectors should follow or how to write a detailed clause in an offer to address an issue of concern to the agent’s client or should those responsibilities be referred to the specialists that are getting paid to advise in those areas?
Should an agent or other professionals be responsible for knowing some or all of what the other professionals must know?
Time sensitive Issues like those above often arise when other professionals are not available. When that happens, should the agent or another professional “pitch in” by offering her advice on the subject?
When there is a difference in the advice given, whose advice should you take?
As discussions on this blog have shown, it is not uncommon to get different advice on the same topic. Let’s say that your agent and your attorney or inspector disagree. Whose advice should you follow?
In addition to our regular reader’s comments, if you are one of the professionals mentioned above, lets’ hear from you. Please let us know what your profession and credentials are when posting your response.
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