When first licensed as a Realtor I learned my first and only Latin phrase: Caveat Emptor, translated means buyer beware. We legally could not point out flaws or issues in a home simply because as Realtors we ALWAYS represented the owner of the home. The theory being the owner pays our fee so we should represent them. It never made sense to me, I build the relationship with the buyer and never even met the owner until I had a written offer. Thankfully laws have changed and we can represent either a buyer or a seller.
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