You should understand right from the start what
type of relationship exists between you and the agents you deal
with. Real estate agents - brokers and sales associates - in the
state of Georgia are required by law to let consumers know whether
they are representing
the buyer or the seller.
Traditionally, real estate agents represented the
seller. That was true whether the agent helped the homeowner market
the home or the homebuyer find the right home. Agents were legally
bound to represent the seller. Typically the seller paid both the
listing agent and the agent who brought the buyer.
Today's real estate market has introduced new
ways for real estate agents to work with buyers and sellers. Now
consumers have choices. If you want to sell a home, you can engage a
real estate agent who is a "seller's agent." If you buy a home, you
will probably work with a Seller's Agent, a Buyer's Agent ,
a Transaction Agent, or a Dual Agent.
Copyright 2004 New
Homes America